Regarding the terms of settlement currency
Regarding the terms of settlement currency
Currently we iPasspay are available to clear any currency to any bank all over the world,but we strongly suggest our merchants take the following currencies as the first options if possible:
1)CNY
2)USD
3)EUR
4)GBP
5)JPY
Because of the frex control policy of the Chinese Gov., merchants may lose more on currency exchange when we convert CNY to other currencies not listed as above and settle it to merchants' bank.