Recently, Mastercard, the global credit card brand, presented its annual awards to outstanding partner organizations. JLPay, a subsidiary of XGD, was honored with the "2023 Excellence Partner Award" in recognition of its significant contributions in supporting Mastercard's domestic business preparations over the past year.

Since entering the Chinese market in 1988, Mastercard has been committed to providing secure, convenient, and intelligent payment experiences while driving innovation in payment technology. In 2021, JLPay established a partnership with Mastercard, becoming one of its acquiring members. The collaboration has progressed further with successful system integration, paving the way for the pre-production launch of Mastercard's domestic business. Future plans include the development of an international card acquiring system to enhance the acceptance environment for both domestic and international transactions, thereby expanding global business operations.

JLPay has maintained an open approach to collaboration with various international card organizations since its inception, actively promoting national inclusive finance and financial openness policies. Through its partnerships with international card brands, JLPay has achieved remarkable results and has been recognized multiple times with honors from various international card organizations.

Currently, JLPay's services cover 337 cities at the prefecture level and above across China, extending its reach into rural areas to serve a broader demographic. Looking ahead, JLPay will continue to deepen its collaborations with international card organizations and banks, optimizing payment services to provide diverse and international payment options for an increasing number of domestic and international consumers. The company aims to deliver a more efficient, convenient, and satisfying payment experience for consumers worldwide.