As a global digital payment solution service provider, Grepay has been committed to providing one-stop payment solutions and related value-added services for Internet B2B (C) business models such as cross-border foreign trade, digital games, education and training. At present, it has provided high-quality cross-border payment services to more than 510 merchants around the world, processing more than 200,000 orders every day.
Grepay provides easy and convenient global payment solutions for Chinese enterprises' overseas projects by providing a safe, compliant, and developer-friendly API to easily integrate and aggregate localized payments from countries around the world. In the face of rising transaction volume and increasingly fierce market competition, Grepay needs to continue to optimize global payment solutions and build a payment platform with global service capabilities. However, this requires a start-up to overcome multiple technical challenges:
● How to build a technology base covering different regional markets around the world and conduct global business deployment flexibly and efficiently?
● How to meet the industry standardization compliance requirements and localized data residency and privacy protection regulations in different countries and regions?
● How to effectively resist various fraudulent transactions that may occur in payment, improve transaction security, and reduce transaction risks?
In order to provide a more reliable and secure global payment system and enhance its industry competitiveness, Grepay chose to cooperate with Amazon Cloud Technology. With the help of Amazon Cloud Technology partner Wangsu Technology, Grepay quickly completed a number of cloud business deployments:
● Build trustworthy cloud services that comply with financial industry regulatory requirements
Amazon Cloud Technology has PCI DSS Level 1 service provider certification and can store, process or transmit data in a secure and compliant manner, ensuring that Grepay's security management plan fully complies with industry standards.
● Globally distributed infrastructure, low latency and high security
Amazon Cloud Technology has 84 availability zones in 26 regions around the world and provides consistent technical architecture and services. With the help of extensive infrastructure and related services from Amazon EC2 computing instances to Amazon Relational Database Service (Amazon RDS) database services, machine learning and big data risk control, Grepay deploys its payment business in areas closer to customers, both It meets the regulatory and data residency requirements of various countries and helps merchants quickly process payment transactions with lower network latency.
● Professional technical support and services
Wangsu Technology has rich customer service experience in the fields of CDN, security and performance, cloud native and cloud services, and can provide complete technical support in the cloud deployment and overseas development of Grepay payment business.
With the help of Wangsu Technology, Grepay quickly built a global digital payment solution on the Amazon cloud technology platform, helping customers in e-commerce, games, social networking, financial services and other fields to achieve global cross-currency collection, and also provided The company has achieved results in many aspects:
● Rapid expansion of overseas business
The regional coverage capabilities provided by Amazon Cloud Technology's global cloud infrastructure have allowed Grepay to expand its payment business to countries such as India, the United Arab Emirates, Pakistan, the United States, Mexico and Brazil.
● Flexible computing power to improve business processing capabilities
Amazon Cloud Technology's powerful elastic computing power support allows Grepay to easily process more than 200,000 orders from around the world every day, providing localized payment and collection experience for the cross-border business of more than 500 registrars.
● High security, making payment more secure
By integrating the Amazon SageMaker machine learning and Amazon Kinesis streaming data analysis services provided by Amazon Cloud Technology, Grepay has also improved the payment platform's ability to identify fraud and illegal transactions, thereby more effectively preventing losses caused by illegal transactions to the payment platform and merchants. , protect consumer rights and enhance users’ trust in Grepay.
● Continue to innovate and become a good helper for users in operations
With the support of Wangsu Technology's technical team, Grepay has integrated more hosting services into the payment platform and continues to optimize its business, allowing users to quickly analyze current payment trends and trends for customers through functions such as order query, data export, and data overview. User behavior in order to adjust sales strategies in a timely manner and improve revenue.
In the future, Grepay will also carry out more in-depth cooperation with Amazon Cloud Technology and Wangsu Technology, share resources in market resources, technical experience, solutions and other fields, continue to polish financial technology products and services, and provide more Chinese companies with overseas Technology empowerment helps Chinese companies open up the global market.