Opening X-Net to Banks with Diverse Cooperation Models
XIAMEN, China, Sept. 14, 2026 /PRNewswire/ -- The 26th China International Fair for Investment and Trade (CIFIT) was held in Xiamen last week. XTransfer, a leading global B2B cross-border trade payment platform, signed strategic cooperation agreements with China ZheShang Bank (CZ Bank) and Industrial Bank Co., Ltd. (CIB) during the event. The partnerships target key cross-border finance scenarios, including minor-currency collection in emerging markets and RMB conversion and withdrawal, using fintech to help foreign trade companies overcome FX settlement and remittance difficulties.
Hosted by China's Ministry of Commerce, this year's CIFIT saw CIPS establish a cross-border bank–enterprise cooperation zone for the first time, bringing together over 70 Chinese and foreign banks to showcase cross-border RMB services. XTransfer is signing agreements in the CIPS zone, underscoring its coordination with national-level financial infrastructure.
Bank Partnerships Address FX Pain Points
During the exhibition, XTransfer and CZ Bank jointly announced an all-currency settlement solution. Powered by XTransfer's X-Net global local-collection network, it helps CZ Bank's export clients collect payments in local currencies across global markets. The service focuses on Africa, the Middle East, and Latin America, addressing pain points such as local buyers being unable to pay in their own currency and long fund arrival times.
XTransfer and CIB also signed a strategic cooperation agreement to deepen collaboration in cross-border RMB clearing and minor-currency collection, improving the efficiency and coverage of RMB conversion and withdrawal. The service can handle the declaration of international receipts on behalf of foreign trade companies during the trade settlement process, convert funds, and credit them directly to onshore corporate accounts without affecting export tax rebates, significantly enhancing convenience for foreign trade firms.
Bill Deng, Founder and CEO of XTransfer, said, "The partnerships cover everything from collecting minor currencies in emerging markets to onshore RMB conversion and withdrawals, creating an end-to-end funding chain so that 'minor currencies' no longer become a major headache on the road to global expansion." He added, "XTransfer looks forward to working with more financial institution partners to integrate fintech with the real economy and support Chinese foreign trade companies' globalisation."
Opening X-Net to Banks with Diverse Cooperation Models
At CIFIT, XTransfer showcased its globally unified B2B cross-border trade settlement network and risk-control system, X-Net, presenting multiple cooperation models for financial institution partners.
For many years, banks have provided XTransfer with access to capabilities such as domestic collections, domestic payments, FX conversion, and cross-border compliance reporting. Today, banks can directly leverage X-Net's cross-border payment and local collection capabilities to serve their own customers, allowing the network capabilities built through long-term collaboration to benefit the banks' own businesses.
Specifically, to address the challenge faced by banks' exporter clients in collecting payments in emerging markets, XTransfer has launched a dedicated "Bank Minor-Currency Collection Solution", opening up the X-Net global local collection network to banks in China and worldwide. This helps export clients collect minor-currency payments from emerging markets and repatriate funds.
Banks worldwide can also use X-Net to provide importers with fast, compliant payment services to China, supporting settlement in multiple currencies such as the U.S. dollar and the Chinese yuan, as well as helping local importer companies pay overseas suppliers in local currencies.
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XTransfer Signs Agreements with CZ Bank and CIB at the 26th CIFIT in Xiamen
XTransfer Signs Agreements with CZ Bank and CIB at the 26th CIFIT in Xiamen
FULLERTON, Calif., Nov. 7, 2026 /PRNewswire/ -- ecozy, a leader in smart home appliances, today announced the launch of the Brezzano Switch 2-in-1 Espresso Machine, an entry-level home coffee maker that delivers espresso and true drip coffee. Designed to make home brewing simple and convenient, it features two distinct brewing styles and an intuitive on-screen brewing guide. With its versatile functions and user-friendly design, the Brezzano Switch is an ideal first coffee machine for beginners.
Two Brewing Styles in One Compact Machine
The ecozy Brezzano Switch combines drip coffee and espresso brewing in one sleek, compact machine, offering more ways to make coffee and elevating your at-home brewing experience. Unlike other espresso machines in the same price range, it features dedicated components for each brewing method: a portafilter and basket for espresso, and a drip coffee basket with a mesh filter for drip coffee. Each mode also has its own optimized brewing parameters for the best results.
What makes it special is its ability to deliver true drip coffee. The drip mode uses optimized pressure and water flow, paired with a wide showerhead to ensure even saturation and thorough extraction, delivering a rich, smooth, and balanced cup with a flavor profile similar to pour-over coffee. It brews 1–2 servings of true drip coffee in just 75 seconds, without the burnt bitterness or crema often found in espresso-based Americano, making it ideal for busy mornings.
Precise Extraction for Barista-Quality Coffee
With its powerful features, the ecozy Brezzano Switch is able to meet a variety of coffee preferences. Its built-in 20-bar high-pressure pump provides the pressure needed to extract espresso with a rich crema. The PID + NTC Temperature Control System continuously monitors and regulates water temperature to maintain stable brewing conditions and consistent flavor in every cup. It also comes with a steam wand that creates hot, finely textured microfoam for lattes and cappuccinos. Whether you prefer rich espresso or true drip coffee, the Brezzano Switch makes it easy to enjoy your favorite coffee at home.
Smart Full-Color Touchscreen for Easy Operation
The Brezzano Switch takes your home coffee experience to the next level with a vibrant, full-color touchscreen that adds a modern, tech-inspired look to your countertop. Beyond its visual appeal, the intuitive interface provides on-screen guidance for basket type selection, grind size, and coffee grounds preparation. Real-time machine status updates keep users informed of brewing progress, making the entire experience easier to follow. Even coffee beginners can quickly master the basics and make a quality cup with confidence.
Effortless Maintenance
The ecozy Brezzano Switch simplifies everyday upkeep with a one-touch self-cleaning function that takes the hassle out of routine care. The water tank and drip tray can be detached for more thorough cleaning, while a built-in reminder alerts users after every 500 brewing cycles, helping them stay on top of regular maintenance and keep the machine ready for its next cup.
Pricing and Availability
The ecozy Brezzano Switch 2-in-1 Espresso Machine is now available on Amazon for $129.99. To celebrate its launch, customers can enjoy a limited-time 31% discount. Simply use code C47O2SIC at checkout to bring the price down to just $89.69. Offer valid Nov. 7 – 30. It's an affordable option for upgrading your home coffee setup or finding a practical holiday gift.
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About ecozy
A "dream home" is what we strive for, and ecozy is born from a desire for a better life and relentless innovation. We turn bold ideas into practical solutions, creating smart home products that are fun, convenient, and designed to make life easier, more comfortable, and truly enjoyable for every dreamer.
ecozy, easy ways, cozy days.
Contact: marketing@ecozy.com
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ecozy Introduces the Brezzano Switch, a 2-in-1 Home Espresso Machine That Delivers True Drip Coffee
