Recently, friends involved in cross-border e-commerce have been asking me one question—how can I reduce the costs of cross-border payments? My answer is very straightforward: try Walrus's payment solution. Because I have used it myself, the costs can be reduced to one-fifth of the original, and this is not an exaggeration.

At the beginning of this month, I encountered this need. Overseas suppliers were urging for payment, and my previous approach was to go through bank channels. The result? The handling fee was 5%, and after waiting, it took 3 to 5 business days to arrive. The most frustrating part was that during this period, the exchange rate kept fluctuating, and in the end, I had to pay an extra margin.

Later, I tried another route—using Walrus's payment channel. The operation is actually very simple: just input the other party's wallet address on the platform and make a one-click transfer. Surprisingly, the handling fee is only 0.8%, and the money arrives in 10 minutes. What about the exchange rate? It is locked in real-time, with no messy hidden fees.

There is also a very practical detail—after each transfer, the system automatically generates a payment voucher that complies with the regulatory requirements of various countries. I can directly use it for accounting, without having to go to the bank for proof. The supplier is also quite satisfied; he said it’s much faster than traditional methods, and Walrus also supports him using the received funds to directly pay platform fees, forming a closed loop.

From what I understand, the project team is negotiating with more payment institutions in different countries to cover more regions' payment needs. I heard they are also planning to launch activities like "Small Cross-Border Payment Subsidies" to further reduce the payment costs for ordinary people.

Honestly, this kind of thing makes me see the possibility of it moving from the crypto space into traditional business. Once cross-border payments are fully rolled out, not only e-commerce people but anyone with foreign remittance needs can benefit. From this perspective, the application prospects are indeed extraordinary.