Reputed as a small commodity trading hub in the world, Yiwu unveils a global digital payment platform "Yiwu Pay".

"Yiwu Pay" is compliant, secure and efficient, and facilitates digital payments for over one million market entities and their upstream/downstream partners, driving the transition from "buying and selling worldwide" to "paying globally".

In April, Atilio Villasmil, consul general of Venezuela, recommended "Yiwu Pay" to merchants at a foreign affairs event. He said, "The convenience of digital payment gives me more confidence in business cooperation between China and Venezuela."