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June 3,2009

DHgate.com and Worldwide Payment Service Provider GlobalCollect Make Wholesale Purchasing from China Even Simpler

DHgate.com, the international online solution for safe and simple wholesale buying from China, has teamed up with GlobalCollect, the world’s premier payment service provider of local e-payments, to offer customers around the globe access to preferred payment options and to deepen its market penetration

Amsterdam, The Netherlands --  As the world’s largest China-based online trading platform, DHgate.com facilitates thousands of transactions per day, connecting 1.4 million worldwide buyers with more than 300,000 wholesalers and manufacturers in China. Dedicated to empowering micro and small businesses by making global purchasing as easy as buying locally, DHgate.com has added GlobalCollect to its Payment Service Providers -  consequently enabling patrons of the site to complete bank transfers, real-time bank transfers, and eWallets safely and easily across the world.

This strategic collaboration allows DHgate.com to offer an even wider range of payment solutions as well as boost conversion rates by allowing more businesses to benefit from China’s low-priced wholesalers. Plus, connecting to GlobalCollect’s single-interface platform WebCollect is straightforward, with the latest hosted platform upgrade now allowing merchants to process transactions in 28 languages, including simplified Chinese.

Diane Wang, CEO of DHgate.com, said: “At DHgate.com, we are continually looking for new ways to make buying direct from China as safe and simple as possible. By partnering with GlobalCollect, DHgate.com now provides buyers with an unrivalled array of secure and popular payment options alongside equally hassle-free product search, selection and shipping methods. Via our association with world-leading suppliers such as GlobalCollect, DHgate.com offers small businesses and entrepreneurs a unique opportunity to realize the benefits of international trade with China.”

Jan Manten, CEO of GlobalCollect, continued: “We are very pleased to cement our footprint in the Asia Pacific region further by working with one of the world’s leading online marketplaces, DHgate.com. Our solid experience as a global Payment Service Provider for e-commerce portals makes us the ideal partner to support DHgate’s strategy to open up trade with China to small businesses around the world.”

About DHgate.com
DHgate.com is a leading online marketplace for the world’s small and medium size businesses and the largest China-based wholesale trading platform in the world. Founded in 2004 by former Joyo.com CEO, Diane Wang, DHgate.com serves over 1.4 million registered buyers from 230 international locations and in excess of 300,000 China-based sellers. Offering over 20 million product listings at any one time, DHgate.com facilitates thousands of successful transactions per day. DHgate.com now employs over 400 full-time employees and generates annual transaction volumes well in excess of USD0 million. DHgate.com recently received the Deloitte Technology Fast 50 China 2008 award. www.dhgate.com

About GlobalCollect
GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail and telephone orders, and specialized in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming, and digital content.  While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. 

Contact GlobalCollect
Bettina Duske
Manager PR & Marketing Communications
e-mail: press.globalcollect@globalcollect.com

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