Aleta Planet: Sole Sending Institution in Singapore powered by UnionPay International

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Aleta Planet: Sole Sending Institution in Singapore powered by UnionPay International MoneyExpress is a cross-border remittance service that has been launched by UnionPay International in 45 countries and Aleta Planet is proud to be the only sending institution in Singapore that supports this service. As a principal member of UnionPay International, we are proud to be able to enable people outside of Mainland China to make cross-border remittance easily and seamlessly to UnionPay cardholders. UnionPay cardholders in Mainland China are able to receive the remitted funds in RMB and are able to make purchases or withdraw the funds – all without having to handle the payment of remittance and foreign exchange settlement.

MoneyExpress is a cross-border remittance service that has been launched by UnionPay International in 45 countries and regions including the US, Japan, Singapore, Australia, the UK, Russia, and Kyrgyzstan. Around the world, there are only 20 cooperating institutions supporting the service of MoneyExpress including banks like CIBC, Kookmin bank as well as specialized institutions such as MoneyGram, XOOM and TransferWise.

Aleta Planet is proud to be the only sending institution in Singapore that supports this service. As a principle member of UnionPay International, we are proud to be able to enable people outside of Mainland China to make cross-border remittance easily and seamlessly to UnionPay card holders. UnionPay cardholders in Mainland China are able to receive the remitted funds in RMB and are able to make purchases or withdraw the funds – all without having to handle the payment of remittance and foreign exchange settlement.

Aleta Planet is also proud to be able to support the service and be the only sending institution in the World offering MoneyExpress to enable our customers to successfully remit their funds and have it deposited into their recipient’s account in 60 secs. At Aleta Planet, we strive to always provide our customers integrated solutions that are fast, seamlessly and secure.

MoneyExpress settles the exchange rate in advance and deposits the remittance into the recipient’s UnionPay account in RMB, and the payee does not need to handle the payment of remittance and do away with the bank service fee – all deposited into the recipient’s account in real time or within 12 hours, and with Aleta Planet – in 60 secs. For the full list of the sending institutions around the globe supporting MoneyExpress, click here: https://m.unionpayintl.com/sg/servicesProducts/serviceEquity/moneyExpres/

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China Outbound Tourism Expected to Recover in 6-12 Months

Did you know that China Outbound tourism is expected to recover in the next 6 – 12 months, and that 77% of Chinese tourists are shown to significantly spend more through mobile payments in their recent travels in comparison to the past two years?

Be China-ready – accept Union Pay, WeChat Pay, all with a scan of a QR code. Accept payments from over 7.5billion users worldwide and receive direct sponsorship of marketing solutions from UnionPay. Expand and build your brand awareness not just locally, but to the largest economy in the World.

Aleta Planet is a principal member of UnionPay International, offering a one-stop-solution for businesses of all scales – let us bridge the gap between China and you.

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