2025. Shenzhen, China - Recently, JLPay, a subsidiary of XGD INC., was honored with the “Excellence Partner Award” from Mastercard for its innovative practices and outstanding services in the payment sector. This marks the second consecutive year that JLPay has received this prestigious award, further validating its continuous contributions and operational strength in the acquiring services industry.
In May 2024, Mastercard officially launched its joint venture clearing institution in China, Mastercard Network Services (MNS), and authorized the issuance of Mastercard RMB cards in the country. As one of the first partners, JLPay successfully completed the deployment of the Mastercard RMB card acquiring system, providing efficient and compliant payment acceptance services to domestic merchants. Both companies share a common development vision, exploring new trends in the payment industry and fostering business innovation.
JLPay has always been customer-centric, focusing on delivering secure, convenient, and intelligent payment solutions across various industries and scenarios. With rich experience in third-party payment operations, the company has excelled in acquiring services and building robust acceptance environments. By actively responding to market demands and driving business growth, JLPay offers merchants one-stop acquiring services while delivering an enhanced payment experience and security assurance for consumers.
Looking ahead, JLPay will continue to embrace innovation-driven development, seizing opportunities presented by internationalization and new technologies. The company is committed to upgrading merchants' acceptance capabilities for both domestic and international cards, providing cardholders with more convenient payment experiences and a broader range of services, and injecting new momentum into the high-quality development of the payment ecosystem.
