Cross-border payment solutions for foreign trade enterprises

This small foreign trade enterprise specializes in handmade woven baskets, ceramic ornaments, and other unique handicrafts, with customers primarily being small gift shops and online retailers in Europe. Over the past three years, they have faced many setbacks in cross-border payments: a payment from a German customer, transferred through traditional bank transfer, not only incurred a 3% fee but also lost nearly 500 euros due to exchange rate fluctuations, and it took a full 12 days to arrive, nearly affecting the production turnover of the next batch of goods.
During the autumn trade fair last year, Manager Wang, the head of the company, learned about digital currency payment solutions at a cross-border payment forum and opened a B iy；aPay~ business account with a trial-and-error mindset.
On their first use, a French client proposed to pay 3000 euros for the goods using USDT. Manager Wang instructed the finance department to generate a dedicated collection address in the backend. After the client transferred the funds through their digital wallet, the system displayed a real-time notification of the deposit — the entire process took only 8 minutes, nearly 20 times faster than the previous fastest bank wire transfer. They were even more surprised that when withdrawing, by choosing the "real-time exchange" function, USDT was automatically converted to RMB at the best exchange rate of the day, and after deducting the handling fee, it took only 3 hours to reach the company's public account.
"Currently, among European clients, 40% actively choose to pay with digital currency." Manager Wang calculated: In the past, the average annual collection was 1.2 million euros, with traditional methods incurring about 60,000 euros in handling fees and exchange rate losses; using Biy; aPa y~ reduced this cost to 18,000 euros, saving enough money in a year to hire two packing workers.
The most critical factor is the efficiency of capital turnover. In the past, during month-end reconciliation, there were always 3-4 payments 'floating in transit.' Now, with its billing management function, each payment is credited in real-time and can be checked immediately, so finance staff no longer have to stay up late verifying bank receipts. Last month, there was an urgent batch of orders that required prepayment for raw materials, and it was precisely thanks to the two payments received on the same day via Biy;aP ay~ that we successfully met the delivery deadline.
"For companies of our size, cash flow is the lifeline." Manager Wang admitted that the compliance of Biy；a Pay~ reassured them - every transaction record and exchange certificate provided by the platform can smoothly pass tax inspections, "not only solving old problems but also not bringing new troubles, this is what truly helps in practice."