BEIJING, CHINA / SINGAPORE - Media OutReach - 24 January 2019 - UnPAY founder and CEO, ZhangZhenghua, has received another feather in his cap with the latest win at the 2018Golden Shell Award. Zhenghua was named as the Payment Industry Pioneer, for hisinnovative creation of a global one-stop payment technology service model.

The Payment Industry Pioneer award is anew category created by the Golden Shell Award. It was established to recognisecorporate leaders who have made great strides and innovations in the year,contributing to improvements in the payment industry.

In its seventh year running, the GoldenShell is a reputable award that is organised by China Payment Network. ChinaPayment Network is the first web portal in China dedicated to followingdevelopments in the payment industry. The theme for this year's Golden ShellAward is payment for sustainable development, aimed at honouringcompanies that have created sustainable solutions and services within thepayment industry.

After a stringent selection process, thepanel of judges unveiled a total of 12 companies for the Golden Shell Award andsix were named as the Payment Industry Pioneers. Commenting on Zhenghua's win,the jury expressed, "Zhenghua was only 30 when he managed a team of nearly 1000staff as the founder and CEO of Baidu Wallet and Baidu Finance. From here, wecan see that not only does he have the drive and talent, he also has exceptionalleadership skills."

"Today, as the founder and CEO of UnPAY,he aims to put UnPAY on the world map as a one-stop payment service provider,and is committed to building a borderless payment ecosystem," the jury added.

Under Zhenghua's leadership, UnPAY hasrealised global collection and exchange transfer of merchant channels via itsself-developed "Ark" core payment system. Zhenghua has lofty ambitions to turn UnPAYinto a global hub that integrates capital and information exchanges formerchants around the world. Currently, UNPay is already connected to over 500mainstream payment methods in more than 200 countries and regions.

In addition to its regional headquartersin Singapore, UNPay has since expanded to various parts of the world includingHong Kong, Indonesia, India, Thailand, New Zealand, and the United Kingdom.

"We are motivated by our win in the Golden Shell Awards and are heartened by thesupport from the jury. In the coming year, UnPAY will expand its presence inthe number of countries to 10, and strengthen cooperation with key partners inthe region to foster better cross-border payment experience. We will continueto work hard in developing innovative solutions to enliven the payment industryand to build a sustainable ecosystem." Zhenghua enthused.