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Unlimit and SHOPLINE to boost Chinese merchants’ global expansion

By Gloria Mathias

November 04, 2024

  • APAC news
  • Chinese merchants
  • eCommerce Payments
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Unlimit, Fintech News, India Payments, India Expansion, Fintech India, Fintech News, RBI license, Payment aggregator license, India operations, Fintech News, SHOPLINE, Singapore, Chinese Merchants, eCommerce Payments, APAC News, Global FinTech Unlimit has formed a partnership with SHOPLINE, a software-as-a-service (SaaS) provider, to assist Chinese merchants in expanding their global reach by integrating new payment processes.

The partnership will support the global growth of Chinese brands by enhancing the cross-border payment solutions available to merchants.

SHOPLINE will leverage Unlimit’s portfolio of more than 1,000 global payment methods and card-acquiring services to help Chinese merchants seamlessly process customers in other APAC countries and new markets, like LatAm, Europe, the UK, and Africa, improve payment approval rates, and raise customer satisfaction levels.

China’s eCommerce market continues to be the world’s largest, with cross-border sales contributing significantly to its ongoing growth. According to the General Administration of Customs of China, in the first half of 2024, cross-border eCommerce imports and exports reached 1.22 trillion yuan, a 10.5% year-on-year increase, which reflects the vital opportunity for expansion open to Chinese brands.

“We’re excited to support Chinese brands as they look to expand across borders and seamlessly accept payments from around the world,” said Irene Skrynova, Unlimit’s Chief Customer Officer. “Our partnership reflects a shared vision of empowering eCommerce merchants with the payment tools they need to broaden their international presence and break through boundaries.”

The General Manager of Payments at SHOPLINE shared, “Our success comes from the success of our customers. This is the attitude that SHOPLINE has always adhered to. Our partnership with Unlimit follows this approach, allowing us to provide SHOPLINE merchants with more high-quality payment options and bringing more possibilities to the last mile of cross-border eCommerce.”

As Chinese brands continue their international expansion, Unlimit and SHOPLINE’s partnership is uniquely positioned to support this trend by providing the necessary infrastructure to help merchants achieve a wider reach and tremendous success.

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