Revolution of payments: Xtransfer and BNP Paribas start mega partnership!

Revolution of payments: Xtransfer and BNP Paribas start mega partnership!

Amsterdam, Niederlande - On June 11, 2025, an important partnership in the area of cross -border financial services was announced. During the Money20/20 Europe in Amsterdam and BNP Paribas A memorandum of understanding (MOU) that aims at comprehensive solutions for international payments to offer.

The cooperation aims to significantly reduce the costs and processing times for cross -border payments, whereby global dealers in particular should benefit with markets in the euro zone. Bill Deng, the founder and CEO of Xtransfer, as well as Bruno Mellado, the Global Head of Payments and Receivables at BNP Paribas, signed the Mou.

economic relevance of the partnership

The bilateral trade between china and the EU represents an important economic aspect, with a trading volume of $ 785.8 billion in 2024, which corresponds to an increase of 0.4 % compared to the previous year. This partnership is considered crucial to strengthen the trade relationships between small and medium -sized companies (SMEs) in China and European countries.

In the partnership, the focus is on supporting European SMEs in making direct payments in euros. This should not only increase the efficiency of the transactions, but also reduce currency risks. Xtransfer also plans to integrate further currency options in the near future.

optimization of payments for SMEs

The agreement between Xtransfer and BNP Paribas makes Chinese customers of Xtransfer facilitate the collection of funds into euros. This optimization of cross -border payment solutions is essential to improve the competitiveness of European companies. By reducing transaction complexity, international trade should be made easier and more profitable for SMEs.

Bruno Mellado emphasized the importance of the partnership for strengthening cross -border financial solutions. According to Mellado, the cooperation aims to increase customers' global competitiveness and simplify international trade transactions.

These developments in the area of cross -border financial services also reflect the increasing need to optimize trade relationships between different markets. According to experts, such as Dirk A. Zetzsche and Matthias Lehmann, the support of such initiatives is essential for the development of international trade.

Overall, the partnership between Xtransfer and BNP Paribas shows a clear trend in the financial world: the simplification and optimization of cross -border payments is crucial for the strengthening of international trade and supporting SMEs in an increasingly networked world.