January 18, 2024. Shenzhen, China - Previn Pillay, Senior Vice President and General Manager of Acquiring Business for Visa in the Asia-Pacific region, along with Henry Yang, Vice President for Greater China, and other distinguished guests, visited XGD Group for a tour and discussion. The meeting was attended by Mr. Shi Xiaodong, President of Newland Group; Mr. Sun Tong, Vice President; Ms. Song Jing, and heads of relevant business units. The two parties engaged in in-depth discussions on future developments and innovations in the payments industry, exploring potential collaboration opportunities.
Mr. Shi Xiaodong warmly welcomed the visiting delegation and provided an overview of XGD’s development history, business layout, and future strategic planning. He expressed a sincere desire to establish a closer partnership with Visa to jointly drive innovation in the payments sector. Both parties discussed potential collaborations in payment technologies, product innovation, and market expansion, agreeing on the importance of establishing a long-term and stable partnership.
Accompanied by XGD leadership, the Visa team toured the company’s R&D and Product Centers, gaining insights into the latest developments and production capabilities in POS devices and payment solutions. During the visit, Mr. Previn Pillay acknowledged XGD's strong technical R&D capabilities and product excellence.
In recognition of the contributions made by JLPay, a subsidiary of XGD Group, Visa presented the "Outstanding Merchant Acquiring Partnership Award" for 2023, expressing anticipation for further deepened cooperation to achieve mutual benefits.
The visit by Mr. Previn Pillay and his team has strengthened mutual understanding and trust, laying a solid foundation for closer collaboration in the future. XGD Group remains committed to the principles of innovation, cooperation, and win-win partnerships. Leveraging our strengths in technological innovation and supported by a global payment network and value-added services, we aim to enhance our diverse, multi-layered product and service offerings, fostering new achievements in collaboration and driving progress in the payments industry.
