Company news

    January 21, 2025

    Klasha launches instant Pay to China service for fast cross-border payments between China and Africa

    We are excited to announce the launch of Pay to China, our latest cross-border payment solution designed to simplify how African businesses send money to China. Whether paying suppliers and manufacturers or sending funds home, Pay to China makes the process faster, cheaper, and more reliable.

    Why Pay to China?

    Africa’s trade relationship with China continues to grow at an incredible pace. In 2023 alone, Africa-China trade surpassed $282 billion, with China maintaining its position as Africa’s largest trading partner. Yet, sending payments to China remains a challenge for many individuals and businesses across the continent.

    Here’s the problem:

    • Payments are often slow, taking days to reach recipients.

    • Fees are high, with hidden conversion costs.

    • Payment methods are limited, especially when sending money to wallets like Alipay or WeChat Pay.

    We saw these pain points and decided to solve them. With Pay to China, we’ve created a fast, affordable, and flexible solution for instant payments to China directly from your local currency.

    How Pay to China works

    With Pay to China, you can send CNY payments directly to:

    • Chinese bank accounts

    • Alipay wallets

    • WeChat Pay wallets

    • Chinese bank cards

    This can be done via the Klasha dashboard or our API for businesses looking to integrate seamless payment solutions into their platforms. The process is quick and straightforward. Payments are processed within 5 to 10 minutes, making it one of the fastest payout options available for cross-border transactions from Africa to China.

    The best part is paying in your local African currency without manual conversions.

    Who can use Pay to China?

    Pay to China is designed to meet the needs of both individual users and businesses.

    B2B (Business to Business): Companies paying suppliers, manufacturers, or partners in China. Whether you’re a small business owner paying your supplier in Guangzhou or an enterprise sending money to a business partner in Shanghai, Pay to China is here to make the process seamless.

    C2C (Consumer to Consumer): Individuals sending remittances to family and friends or paying for smaller personal transactions.

    Features of Pay to China

    • Instant payouts: Forget waiting days for your payment to go through. With Pay to China, your recipients will have the funds in their accounts within 5 to 10 minutes.

    • Local currency payments: no worries about currency conversions or complicated processes. Simply pay in your local currency, and we handle the rest.

    • Flexible payment options: Send money to a Chinese bank account, Alipay wallet, WeChat wallet, or bank card, depending on what works best for your recipient.

    • Affordable and transparent fees: With our competitive fees, you’ll enjoy cheaper exchange rates without hidden charges.

    For African businesses engaged in trade with Chinese suppliers, speed and reliability are essential to keep supply chains moving. Payment delays can mean delivery delays, which is bad for business. With Pay to China, businesses can:

    • Pay suppliers faster.

    • Avoid high fees.

    • Access multiple payout options.

    Pay to China is especially valuable for industries like e-commerce, retail, and manufacturing, where payments to China are a regular part of operations. As Africa-China trade grows, we’re committed to breaking down financial barriers and enabling businesses and individuals to transact seamlessly across borders.

    Visit dashboard.klasha.com to send money to China instantly, or speak to our Sales team for more information.