Oceanpayment in Strategic Partnership with Oracle

Oceanpayment has entered into a strategic partnership with global technology giant Oracle to leverage their core capabilities in digital technology and services and jointly develop innovative, cross-border digital services.

What is Oracle?

Oracle, a Plus500 Top 100 enterprise, is a global technology organization that offers information technology management tools and services in 145 countries worldwide. Their application products support a diverse range of more than 150 functions, including financial management, supply chain, manufacturing, program management, human resource management, marketing, and sales. Their technology products and services support 98 Fortune100 companies and 7600 companies globally.

Oceanpayment’s Partnership with Oracle

In recent years, the global pandemic has opened up a vast array of virtual marketplaces for the consumer, propelling ecommerce into a high-growth industry that is expected to grow by at least 47% in the next 5 years. Along with the rapid growth and proliferation of new service offerings, the risks and related challenges have also increased for the stakeholders in the ecommerce industry. The Oceanpayment-Oracle strategic alliance aims to drive the rapid development of the global ecommerce industry and enhance global market competitiveness. To that end, Oceanpayment and Oracle will harness their core capabilities in digital payment, cloud technology and software services to drive excellence in industry offerings.

Cindy (SVP of Strategic Development, Oceanpayment) said: “With the rapid transformation of the digital economy, we are very excited to be collaborating with Oracle in meeting the needs of secure digital payment, data access and storage with world-class technology offerings and services.

As a leading brand in digital payment, Oceanpayment has the technology knowhow and professional capabilities to support more than 500 payment products, offering secure, specialized, convenient digital payment solutions and services to hundreds of thousands of merchants on ecommerce sites worldwide. This partnership not only harnesses our respective core capabilities to optimize our offerings. but also generates a highly effective, win-win outcome that would propel the Chinese ecommerce industry onto a whole new level in the global market.