How the Greater Bay Area Is Reshaping Cross-Border B2B Payments
The Greater Bay Area (GBA) in China is rapidly establishing itself as a leading global hub for economic integration, technological advancement, and innovation.
With a projected GDP of US$4 trillion by 2030 and accounting for a significant portion of China’s exports and imports, the GBA is poised to rival major economic regions like San Francisco and Tokyo Bay.
This growth is fueled by robust infrastructure, proactive government support, and the adoption of groundbreaking technologies such as artificial intelligence (AI) and machine learning.
Businesses operating in the GBA are focused on enhancing supply chain resilience and tapping into lucrative ASEAN markets.
Digital transformation is revolutionising key areas such as real-time supply chain management, fraud prevention, and customer experience.
However, companies face considerable challenges due to fragmented regulatory frameworks, varying compliance requirements, and the complexity of cross-border payment systems.
Fintechs are racing to deliver seamless, cost-effective payment solutions, but the journey involves significant investment, operational risks, and the need to address unique market demands.
The eBook, The Tipping Point for Innovation in B2B Payments, offers a comprehensive exploration of how the GBA is redefining the future of B2B payments.
It details the region’s economic trajectory, the impact of advanced technologies, the evolving regulatory landscape, and the pivotal role of strategic partners like Visa Direct.
Businesses seeking to capitalise on the unparalleled opportunities in this dynamic environment will find actionable insights and proven strategies from Visa within its pages.
Ready to unlock the full potential of B2B payments in the Greater Bay Area?
Download the eBook here and position your business for success in Asia’s booming marketplace.
Images: Edited by Fintech News Hong Kong, based on visuals from Freepik (Source 1, Source 2)
The post How the Greater Bay Area Is Reshaping Cross-Border B2B Payments appeared first on Fintech Hong Kong.
You May Also Like
How to Pair Pearl Necklaces with Your Bridal Neckline
Shell (SHEL) Stock; Falls Modestly on U.S.-Iran Thaw and Lower Crude Prices
BitGo wins BaFIN nod to offer regulated crypto trading in Europe
BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more