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FairFX Group Plc

FairFX launches same-day China payments service

FairFX Group Plc (LON:FFX), the FinTech low cost multicurrency payments service, have today announced that its customers can now make same day payments directly into mainland China. The latest development now makes FairFX one of the few providers capable of facilitating multi-currency transactions, including Renminbi, into the Chinese market for personal as well as business payments.

Sending payments directly to mainland China is a big issue for many companies trading with the region. The FairFX payment service offers a fast, efficient solution to this problem and most are credited within 20 minutes.

James Hickman, Chief Commercial Officer of FairFX Group Plc, said: “This is a fantastic solution for our business customers and gives FairFX a competitive edge over other providers who are unable to facilitate such rapid payments into China.

“FairFX sees China as a huge opportunity for growth and this latest development is further evidence that the Company is continuing to broaden its geographical reach and use technology to make efficiencies and drive costs down for our customers.”