CSI globalVCard and Geoswift Partner to Offer Hassle-free Payments to China

By CIOReview | Friday, July 10, 2015

BONITA SPRINGS, FL: CSI globalVcard, an innovative payment solutions provider, announces a strategic partnership with Geoswift – a payment technology company connecting China and the rest of the world– to offer a new payment solution enabling secure transaction in and out of China expanding its global customer reach.

Cross-border business transactions have increased between U.S. businesses and China-based suppliers as China continues to surge as a global economic engine. Volatile currency and hidden costs from the banks have added to the woes for a swift electronic payment. CSI offers a transparent, secure and cost efficient mode of payment to China with a direct settlement into the supplier’s Chinese bank account. The strategic partnership with Geoswift enables customers to overcome the complexities of pricing and payments regulations in China.

“Many of our customers are world leading brands with payment needs that expand beyond U. S. borders,” said Keith Stone, President and CEO, CSI globalVCard. “The ability to facilitate secure payment transactions into and out of China is a significant milestone for CSI, moving us closer to our goal of enabling secure, seamless payment transactions anywhere in the world.”