In this globalised world, more and more businesses are connecting with foreign suppliers. International B2B payments via wire transfer should be simple, but the reality is that it's not so easy.

China came into its digital era with a very limited credit & debit card infrastructure. Due to this, it step straight from cash into digital payments. Electronic and digital payment methods have become the payment method of choice for Chinese consumers, whether they are purchasing online or offline.

The Chinese government may have cracked down on bitcoin trading in the country, but this hasn’t deterred many investors desperate for a slice of the bitcoin pie.