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Future FinTech Enters into Strategic Cooperation Agreement with Maxing Technology Limited to Build a Global Payment Ecosystem
NEW YORK, March 16, 2026 /PRNewswire/ -- Future FinTech Inc. (Nasdaq: FTFT), ("Future FinTech" or the Company"), a leading comprehensive financial and digital
About this update from Future Fintech Group Inc.
[{"type":"text","content":"NEW YORK, March 16, 2026 /PRNewswire/ -- Future FinTech Inc. (Nasdaq: FTFT), (\"Future FinTech\" or the Company\"), a leading comprehensive financial and digital technology service provider, announced that on March 12, 2026, its wholly-owned subsidiary, Future FinTech (Hong Kong) Limited (\"FTFT HK\"), signed a Strategic Cooperation Agreement (the \"Agreement\") with Maxing Technology Limited (\"Maxing\"). Maxing is an innovative Hong Kong technology company focused on developing a new payment technology and reward system that channels its benefits to ecosystem participants. The Agreement outlines the roles and responsibilities of the two parties to jointly develop a Payment for Ecosystem Services (PES) framework, with the goal to build a compliance-based payment infrastructure designed to advance the global payment industry.\n \n \n \n \n \n \n \nMaxing has constructed a three-tier architecture system consisting of entry, scenario and reward. It connects diverse transaction scenarios by providing basic services such as digital wallets and QR code payments, and has established a scientific quantitative distribution system comprising two indices:The Global Contribution Index (GCI) will be used to accumulate long‑term contribution levels by merchants and serve as the threshold and eligibility logic for accessing corresponding rights and benefits.The Global Contribution Weight Index (GCWI) will be used to define the weight of current-period contributions and uphold the fair logic of reward distribution).For the initial stage of the development process, points and consumer coupons will serve as the core reward carriers, and additional equity types will be constructed for compliance in the future. This system is intended to realize the connection between user contributions and value rewards, and is designed to improve merchant coverage, transaction density and user stickiness.Based on the Agreement, FTFT will collaborate with Maxing by virtue of its financial technology capabilities. The collaboration between the two parties focuses on following three objectives:To develop (i) a 'Maxing Wallet' as a unified account, (ii) a frictionless global infrastructure for QR code payment acquisition and clearing & settlement, (iii) implement a Contribution-Reward mechanism, and (iv) the first contribution-driven default payment layer in emergin...