WorldFirst, a digital payment and financial services platform, has partnered with Walmart, an American retail corporation, to enable China-based e-commerce sellers to securely receive funds from Walmart Marketplace, accelerating global growth opportunities.
Leveraging WorldFirst’s 20 years of expertise in secure cross-border payments, the new digital payment collection service will provide online sellers with three key benefits:
- Security and Compliance: Funds collected are directly deposited into the merchant’s World Account, providing businesses with streamlined access to cross-border payment and financial services to support their global expansion efforts.
- Low Cost: Merchants benefit from no service charges and complete protection against exchange rate losses on collected payments. Additionally, fees for withdrawals and transfers are limited to a cap of 0.3%.
- Rapid Store Opening: Through WorldFirst’s Global Voyage Program, merchants can enjoy fast setup with no monthly fees by WorldFirst. Store setup can be completed in as little as one day.
WorldFirst helps businesses drive global growth by offering international payment services across 40 currencies on over 120 global online marketplaces.
The partnership with Walmart further strengthens WorldFirst’s international digital trade ecosystem, which includes marketplaces, logistics, customs brokers, and other trade service providers. This ecosystem broadens businesses’ access to essential resources needed to succeed in overseas markets.
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