Ping An Digital Bank expands Purchase Order Financing to service trade

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Ping An Digital Bank has expanded Purchase Order Financing from cross-border e-commerce merchandise trade to cross-border service trade, offering up to US$5 million in financing per buyer without requiring physical collateral. Applicants must submit eligible invoices and proof of service delivery. The financing term is up to 90 days, and funds can be disbursed as soon as the same business day.