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Yuan Coin Technology Group launched the cross-border payment brand "Yuanwen Payment"
On September 29, RD Technologies announced the official launch of its new cross-border payment brand "OristaPay." It clearly distinguishes the two core businesses of the group: the first is "OristaPay," which focuses on cross-border payment services, encompassing fiat Wallet and payment services, operated by the group's subsidiary RD Wallet Technology Co., Ltd. (abbreviated as RDWT), which holds a Stored Value Facility (SVF) license; digital payment and escrow services are provided by RD Escrow, a licensed Trust or Company Service Provider (TCSP), including related licenses held by other subsidiaries of the group to conduct business. The second is the independently operated RD InnoTech Limited, which participated in the Hong Kong Monetary Authority (HKMA) stablecoin issuer sandbox in July 2024. "OristaPay" positions itself as a new type of payment infrastructure service provider, leveraging RDWT's SVF license and other related licenses held by the group's subsidiaries to provide enterprise clients with secure, Compliance, efficient, and innovative cross-border payment solutions, combining compliance advantages with technological innovation.