Guangzhou Union Pay has approved AirMoolah's partner Global Link to conduct cross-border Renminbi payments for businesses in Hong Kong. AirMoolah also partners with MercuryFX to offer currency exchange services for 60 currencies. AirMoolah Hong Kong was established to facilitate this cross-border remittance gateway. The payment gateway allows businesses to transfer funds in Renminbi without converting currencies, avoiding time-consuming bank procedures. AirMoolah seeks partners like banks, money transfer companies and currency exchanges worldwide to establish relationships with Guangzhou Union Pay for cross-border Renminbi transactions.