RD Technologies Group Announces the Launch of Cross-Border Payment Brand "OristaPay"

BlockBeats News, September 29 – RD Technologies officially announced the launch of its new cross-border payment brand "OristaPay." The group has clearly delineated its two core business areas: The first is "OristaPay," which focuses on cross-border payment services, including fiat currency wallets and payment services. This segment is operated by the group's subsidiary, RD Wallet Technologies Limited (RDWT), which holds a Stored Value Facility (SVF) license. Digital payment and escrow services are provided by RD Escrow, a licensed Trust or Company Service Provider (TCSP), along with other related licenses held by the group's subsidiaries. The second is RD InnoTech Limited, an independently operated entity that participated in the Hong Kong Monetary Authority (HKMA) stablecoin issuer sandbox in July 2024. "OristaPay" is positioned as a next-generation payment infrastructure service provider. Leveraging RDWT's SVF license and other relevant licenses held by the group's subsidiaries, it aims to offer enterprise clients secure, compliant, efficient, and innovative cross-border payment solutions, combining regulatory advantages with technological innovation.