Payment market China: Rising cross border demand leads to expanding e-commerce payments

By Christopher Taine on 11. July 2012 in Market Insights
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‘The Green Sheet’, one of the most important news sites for the payment industry published a very detailed article about the actual situation on the Chinese payment market regarding growth, key players, and hurdles on the way to participate from the seemingly limitless market potential. Fitted with different market data it gives market participants a comprehensive insight into the payment infrastructure of the awakening giant.

 

As a proven Asia expert PAY.ON also takes in its knowledge to provide the article with practical experience. With its Asian subsidiary PAY.ON has built up a strong Asian market position and best business connections also with the Chinese key players China UnionPay and ChinaPay. Thus clients can directly profit from our services – the white-label PSP platform PaySourcing and the routing gateway PayPipe – for a quick entry into the Chinese market and from our long term relationship with the management of these key players.

 

Or how Markus Rinderer, our CEO, summed it up: ‘It is up to the payment industry to open the flood gates to millions of online purchases from China. PayPipe offers all connections – Europe, LAC and the APAC market – utilize a state-of-the-art gateway which fulfills the technical and formal requirements to also provide U.S. acquiring banks and U.S. card acquiring processors a direct link to all important Chinese market players.’

 

Christopher Taine

About the Author

Christopher TaineView all posts by Christopher Taine
Social Media & PR Manager Spreading the word about PAY.ON's products and services.

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