TikTok cross-border MCN collection and settlement of foreign exchange, Qbit service trade collection and payment in one stop!
发布时间：2024-04-23
Cross-border MCN plays an indispensable role in helping TikTok Shop merchants and brands to realize alliance bandwagon.
Cross-border MCN organizations are favored by merchant brands, mainly due to several important characteristics:
Huge Reddit Resources: Cross-border MCN has huge reddit resources and can accurately match merchants with suitable partners based on brand characteristics and market demand, so as to reach a wider audience with brand messages.
Professional content creation: MCNs are highly specialized in creating e-commerce live broadcast, short videos and window displays.
Analysis of operation results: MCN agencies are able to track and analyze operation results in real time, so that they can understand user behavioral preferences in a timely manner and provide strong support for the formulation of marketing strategies.
In terms of the realization mode, cross-border MCN agencies mainly realize profits by providing one-stop services for merchants, which mainly cover account operation, content creation, KOL cooperation, data analysis, etc., and merchants pay a certain percentage of commission according to the effect of cooperation.
01 Cross-border MCNs slow to pay back, difficult to distribute overseas funds?
As evidenced by the increase in the number of cross-border MCN organizations, the demand for overseas placement is growing day by day, and the scale of service trade is gradually expanding. However, speedy collection and compliant settlement of foreign exchange are still challenges that cross-border MCN organizations need to solve.
Fragmentation of orders for trade in services and difficulty in capital pooling.
Compared with the physical trade in goods, the orders for trade in services are more fragmented; in addition, under the premise of involving multiple trading entities and multiple payment methods, the collection of trade in services is subject to more restrictions, stricter requirements, and more complicated supporting materials, which may lead to the breakage of the capital chain and affect the cooperative relationship with customers if the capital chain is too long and delayed in the time of payment back.
Difficulty in distributing funds and tracking transaction records.
With the increase of international cooperation business opportunities with upstream and downstream ecological partners, the distribution of different types of overseas funds, such as media cooperation payments and celebrity commissions, often consumes a large amount of time and human resources of cross-border MCN organizations.
If cross-border payment is overly reliant on traditional offline operations, the batch payment process is cumbersome and inefficient, which can hinder the smooth operation of the transaction business and is not convenient for enterprises to track transaction data and perform financial reconciliation.
Collections security and risk control issues are frequent.
As cross-border MCN business usually involves multiple cooperation channels, multiple payment methods and multiple funding links, the importance of collection and payment security risk control is self-evident. A safe and reliable solution for receiving and paying overseas funds needs to comply with the financial regulatory requirements of different national and regional markets, but payment organizations on the market often lack the ability to comply with payment.
Of course, in addition to the above problems, in the process of carrying out global business, service trade enterprises may also encounter "difficult to open an account with an overseas bank", "a wide range of charges", "high fees" and many other pain points. and many other pain points.
02 Qbit provides "Multi-Scenario Acceptance and Payment Solution for Trade in Services".
In the international service trade payment demand, the breadth of business coverage and the efficiency and convenience of collection become the focus of enterprises.
Based on this, Qbit provides multi-scenario payment and collection solutions for trade in services, covering multiple service dimensions such as local currency payment and collection, overseas fund distribution, financial reconciliation, etc., to help enterprises solve the problems of trade receipts and payments and fund management.
Qbit payments cover a wide range of application scenarios
Qbit has long been focusing on the needs of apps going overseas and TikTok MCN, providing payment collection services covering 180+ countries and regions as well as 40+ currencies.
We support binding TikTok Shop, Shopify, PayPal, App Store and other mainstream platforms, multi-platform multi-store multi-account collection, reconciliation is more efficient.
In addition to TikTok cross-border MCN service trade collection and settlement, we also unlock the collection and payment functions for merchants in the fields of "overseas advertising and affiliate marketing, logistics and transportation, software services", etc. The application scenarios are greatly expanded, so that enterprises can enjoy the silky smooth experience of global collection and payment and efficient fund management.
Qbit Global Account International Trading Powerful
Qbit support the opening of a number of mainstream currency accounts, including USD, EUR, GBP, HKD, etc., the enterprise with the same name, for cross-border MCN agencies and other services and trade enterprises to provide faster arrival speed, as well as lower cost of capital flow.
Qbit settlement without charge, more conducive to expanding more cross-border business channels, international trade is more free and flexible, to meet the needs of different sizes of transactions. We provide better exchange rates to avoid high exchange losses, real-time exchange rates, and more transparent costs.
If you intend to engage in cross-border MCN-related business and have not yet opened an overseas bank account, Qbit supports $0 account opening, which can be completed in as fast as one working day, without the need for offline counter processing, saving time and effort.
Qbit's overseas fund distribution is more efficient and convenient!
Qbit supports cross-border MCN organizations to make bulk payments to payees via web client or automate all-round payment via API. We support different transfer methods and multiple currencies, cross-border bulk transfers to multiple payees, payments to multiple partner service providers, more efficient payment processes and better payment paths.
Qbit Quantum Card covers the full range of VISA and Mastercard consumption scenarios, such as advertising, corporate procurement and global KOL commission settlement.
Qbit's multi-scenario payment solution fully meets the consumption needs of enterprises in various business scenarios and helps to solve the problem of overseas fund distribution for service enterprises.
Qbit Collect and Pay Transaction Environment Security Compliance
Qbit has obtained financial licenses and business qualifications in the U.S., Hong Kong and other countries or regions, and strictly complies with financial regulatory compliance requirements.
In addition, Qbit has obtained the highest level 1 certification of PCI-DSS (Payment Card Industry Data Security Standard), and has passed the systematic compliance audit process to ensure the safety of enterprises' overseas capital transactions.
If you also want to experience more efficient multi-scenario collection services for trade in services and more compatible overseas fund distribution experience, contact Qbit account manager to open an account and get flexible and convenient financial services.
