Value Exchange International, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

Value Exchange International, Inc., formerly Sino Payments, Inc., is a credit card processing and merchant-acquiring services company. The Company provides credit card clearing services to merchants and financial institutions in the People's Republic of China (PRC). It provides Internet protocol (IP) processing services in Asia to bank card-accepting merchants. The Company markets its services to local merchants with regional retail locations across Asia Pacific. The Company, through its subsidiaries, is engaged in providing information technology services and solutions, which consists of select services and solutions in computer software programming and integration, computer systems, Internet and information technology systems engineering, consulting, and administration and maintenance, including e-commerce and payment processing.