SUNRATE Launches Payment Solution on Walmart Marketplace to Simplify Global Collections for E-Commerce Sellers [Globe and Mail, The (Toronto, Canada)]
JP Morgan Chase & Co. (JPM)
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Source: Globe and Mail, The
can collect payments from Walmart Marketplace directly into their SUNRATE Accounts. This launch unlocks fast, and cost-effective cross-border growth opportunities for sellers worldwide. Through this partnership, global sellers can access a streamlined collection service powered by SUNRATE's decade of expertise in cross-border payments. Key benefits include: Cost Efficiency with FX Protection: Sellers enjoy transparent FX rates and protection against adverse currency fluctuations. A nominal fee applies only for withdrawals and transfers, ensuring affordability and predictability. Faster Onboarding: SUNRATE's Aurora Program helps sellers accelerate Walmart Marketplace store applications, with approvals possible in as little as one business day—allowing them to start selling across borders sooner. "This launch with Walmart is a milestone in our mission to empower e-commerce sellers worldwide," said Joshua Bao, Co-founder at SUNRATE. "By combining SUNRATE's expertise in cross-bord
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