b2b payments

Oct

The third-party payment industry is in an integrative stage

The People’s Bank of China (the PBOC) started issuing the Payment Business License since May 2011 to non-banking institutions. Up until March 2015, the PBOC had issued 270 payment licenses.

Jul

China Payments Research

The PBOC and CUP push for tokenization in China

China is pushing its card industry towards tokenization as it seeks to make digital payments more secure on the Mainland. Banks and payment service providers (PSP) are required to use tokenization to process transaction data by the end of this year, according to Chinese business publication National Business Daily, citing…

Mar

China Payments Research

China International Payment System – What to Expect?

News is that the China International Payment System (CIPS) is ready and selected 20 banks are about to start testing, among which seven are subsidiaries of foreign banks. The new system was developed by PBoC and aims to be a significant improvement on the current way companies make cross-border RMB…

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b2b payments

The third-party payment industry is in an integrative stage

The PBOC and CUP push for tokenization in China

China International Payment System – What to Expect?

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b2b payments

b2b payments

The third-party payment industry is in an integrative stage

The PBOC and CUP push for tokenization in China

China International Payment System – What to Expect?

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