Ronghan

Ronghan: Payment Acceptance Services Overview For Merchants

Ronghan is a payment service company with products positioned around cross-border payment acceptance and fund collection for merchants engaged in international business. The provider presents two primary merchant-facing offerings: PacyPay Acquiring, focused on international card acquiring for online payments, and OnerWay Collection, focused on collecting funds from overseas e-platforms and remitting them to merchants’ bank accounts. This overview summarizes what merchants can expect from Ronghan’s payment acceptance services, including supported schemes, typical use cases, integration options, and compliance positioning.

Ronghan At A Glance

Ronghan International was established in 2011 and is described as residing in the Shanghai Free Trade Zone, with headquarters located in Lujiazui Financial Circle in Shanghai, China. The provider also states it has set up branches in the United States, the UK, Hong Kong, and Japan.

The group also describes multiple regulated entities and registrations across jurisdictions, including:

• A UK entity regulated by the Financial Conduct Authority as an Electronic Money Institution.
• A US entity registered with FinCEN as a Money Service Business.
• A Hong Kong entity regulated by the Hong Kong Customs and Excise Department as a money service operator.
• A Hong Kong entity registered as a Payment Facilitator of Mastercard.

Ronghan also states that funds held with its UK entity are held in safeguarding accounts and are not protected by the Payment Services Compensation Scheme (FSCS).

Ronghan Products For Payment Acceptance

PacyPay Acquiring

PacyPay Acquiring is presented as an international cross-border acquiring service and a third-party service platform engaging in international bank card acquiring. The service is positioned for merchants and enterprises specialized in international business, electronic business, and digital entertainment. PacyPay is also described as supporting major global card brands including Visa, Mastercard, JCB, and American Express.

Several operational elements relevant to merchants:

• A focus on online card acquiring.
• PCI-DSS payment data security certification.
• The ability to use CMS payment plug-ins for certain platforms.
• Payment terms customization.
• “Local tools overseas” referenced as part of the acquiring service set.

The provider also states PacyPay is listed in the European Visa Global Registry of Service Providers.

OnerWay Collection

OnerWay Collection is presented as a fund collection service designed to help Chinese cross-border merchants collect funds from overseas e-platforms and remit payments to the seller’s bank account worldwide. The remittance can be in the original currency or exchanged into RMB.

The service is illustrated with examples tied to Amazon marketplaces:

• Amazon USA: USD collection
• Amazon Europe: EUR collection and GBP
• Amazon Japan: JPY collection

OnerWay describes a basic flow that includes registration, collecting funds via the collection account, and withdrawing funds to global bank accounts.

Supported Payment Methods And Schemes

Ronghan explicitly identifies card scheme support within PacyPay Acquiring:

• Visa
• Mastercard
• JCB
• American Express

Beyond these schemes, other payment methods and worldwide brands are available.

Payment Acceptance Channels And Typical Merchant Journeys

Ronghan’s payment acceptance positioning centers on online, cross-border scenarios.

For PacyPay, the service is framed around online card acquiring, which aligns most closely with web-based checkout experiences for ecommerce and digital businesses. The provider describes CMS payment plug-ins and terms customization, but does not detail specific checkout modalities such as hosted payment pages, payment links, QR code flows, recurring billing features, or marketplace split payments.

For OnerWay, the service is framed around collecting funds from overseas platforms and moving them to a merchant’s bank account. The provider emphasizes collection and withdrawal steps, along with the ability to remit in original currency or convert to RMB.

International And Multi-Currency Considerations

Ronghan’s cross-border orientation is explicit in both PacyPay and OnerWay:

• PacyPay is an international cross-border acquiring.
• OnerWay is an enabling cross-border merchants to collect overseas funds and remit them to bank accounts worldwide.

In addition, OnerWay provides concrete examples of supported collection currencies tied to Amazon marketplace contexts (USD, EUR, GBP, and JPY). It also describes remitting either in the original currency or in RMB after currency exchange.

Compliance Positioning And Risk Controls

PCI DSS

PacyPay has passed PCI-DSS payment data security certification.

Anti-Money Laundering

Ronghan outlines an anti-money laundering compliance approach that references supervision requirements and regulatory contexts including the US FinCEN, the UK FCA, and Hong Kong customs. The controls include:

• Customer due diligence and qualification investigation
• Customer identity verification and related bank information checks
• Collection of detailed transaction information
• Transaction supervision and control measures intended to prevent money laundering and other financial crimes
• Name list approval and checks involving customers, legal representatives, shareholders, and final beneficiaries
• Monitoring for counterfeit or patent infringement related to transacted commodities

Risk Control And Fraud Management

Ronghan describes a risk control program that combines internally developed risk controls with third-party risk control companies, explicitly naming CyberSource and MaxMind. This includes:

• Fraud and false card risk control using data-driven methods
• Risk grading for transactions
• Filtering and manual approval for high-risk transactions
• An intelligent transaction monitoring system
• 7×24 customer professional service referenced in the compliance context

These descriptions indicate an emphasis on transaction monitoring, risk scoring, and manual review for higher-risk activity, though the provider does not publish specific thresholds, rule sets, or merchant-facing fraud tooling features (such as configurable rules, dashboards, or chargeback automation).

Integration Options And Developer Readiness

Ronghan’s approach is centered on CMS payment plug-ins for PacyPay, including examples such as:

• Magento
• Zen Cart
• OpenCart

The provider also references payment terms customization and local tools overseas, which suggests configurability for certain merchant programs.

Customer Support And Operating Model

Ronghan states that its team provides 7×24 hours one-to-one service.

Pricing, Fees, And Commercial Terms

Ronghan does not publish a standard fee schedule or numeric pricing for setup fees, monthly fees, or per-transaction processing fees.

Practical Fit For Merchants

Ronghan’s positioning may be most relevant for merchants that match one or more of the following characteristics:

• Cross-border merchants, including China-based merchants doing international sales.
• Online businesses seeking international card acquiring support across major card schemes.
• Merchants that collect funds from overseas platforms and want remittance to bank accounts worldwide, including options to remit in original currency or exchange to RMB.

Conclusion

Ronghan presents a cross-border payments footprint centered on PacyPay Acquiring for online card acceptance and OnerWay Collection for collecting and remitting funds from overseas platforms. The provider highlights support for major card schemes through PacyPay, a compliance posture that includes PCI-DSS certification and AML controls, and risk control practices that reference transaction monitoring and third-party tooling.