OnerWay

Chinese controlled solution for cross-border payments

Key Data

  • Trading Name: OnerWay
  • Legal Entity: RONGHAN INTERNATIONAL LIMITED
  • Activities: Cross-border payment platform
  • Location: London, UK
  • Regulations: regulated by Financial Conduct Authority (FCA) and holds Electronic Money Institution (EMI) license in the United Kingdom. As well as MSB in the United States and MSO in Hong Kong
  • Key People: Min Li (Linkedin)

OnerWay is a payment platform that supports global merchants with payment, acquiring and fund collection services. 

Headquartered in London, branch companies have been established in Shanghai, Hong Kong, Singapore and Los Angeles.

Oneway belongs to RONGHAN INTERNATIONAL LIMITED

Offering

Onerway enables UK merchants.

They are  providing integrated cross-border payment solutions to online sellers.

Their main service includes:

  • Global Payment Methods
  • Fund Collection (foreign exchange, settlement, and banking services)
  • Global e-wallets (Issuing)
  • Intelligent risk control system

Fees

Transaction fee: 2.0% +0.3USD

Minimum settlement amount: 2000 USD

Industries

  • Low to Medium Risk
  • They are serving Chinese e-commerce companies

Regulation

ONERWAY (RONGHAN INTERNATIONAL LIMITED)is regulated by Financial Conduct Authority (FCA) and holds Electronic Money Institution (EMI) license in the United Kingdom. As well as MSB in the United States and MSO in Hong Kong.

People

The company is controlled by Min Li (Linkedin)

  • Date of birth: November 1983
  • Nationality: Chinese

Customer review

At the time of this review, there are no available customer reviews or testimonials for Onerway. The absence of customer feedback makes it challenging to assess the company’s reputation and the quality of their services.

Conclusion

We could not find any customer feedback about the company, and also the lack of legal entity that makes it hard to find out who is behind the company and if their regulations are genuine is a big compliance issue.
Therefore we rate them on ORANGE.

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