Mozido Tackles E-Commerce Payments In China and Russia

Austin-based financial software developer Mozido said this morning that it is launching a new service to tackle cross-border, e-commerce payments in China and Russia. Mozido said that PayEase, one of its companies, has launched a new platform called TradeEase, which lets merchants in both China and Russia to accept payments from consumers in Russia. Mozido said it is partnering with Yandex.Money, the Bank of China, and the Suifenhe Government on the platform. The new service specifically is aimed at merchants in Russia and China looking to take payments from either country. Mozido's PayEase business is headquartered in Beijing.