Posts Tagged “China”

MasterPass enters China

SHANGHAI | Today MasterCard announced the official launch of MasterPass, its digital wallet service, in China. China Construction Bank, with the largest cardholder base in the country, will be the first issuer to leverage the MasterPass platform to enable its digital wallet, LongPass.


Alipay and CyberSource combatting fraud for entire Alibaba eCommerce portfolio

BEIJING | A partnership between CyberSource, a Visa company and one of the world’s largest providers of eCommerce payment management services, and Alipay, China’s leading online payment service, has led to improved fraud management practices across the entire Alibaba eCommerce portfolio. This includes AliExpress, Taobao and Taobao’s external merchants.


Worldpay launches China Sales Office

LONDON | Worldpay has opened its first China sales office in Shanghai to service the increasing global ambitions of Chinese businesses. The Shanghai office is headed up by Tang Kok San, VP – Business Development China, and will offer all of Worldpay’s e-commerce customer-facing functions, including relationship management and corporate support.


Chinese Online Retailer Probes Possible Security Breach

BEIJING | Yihaodian, a Chinese online retailer backed by Wal-Mart Stores Inc., WMT -0.74%is probing a possible security breach, in what appeared to be the latest attempt to steal consumer data in China's growing e-commerce sector.


UnionPay to Ramp Up Online Acceptance through Acculynk’s PaySecure

ATLANTA | Acculynk, provider of PaySecure®, the industry standard user-authentication method for e-commerce, and UnionPay International today announced that Acculynk will become a provider of UnionPay’s e-commerce authentication (UPOP) service to US based merchants. UnionPay International is a subsidiary focusing on international business of UnionPay, a global bankcard network with over 3.5 billion UnionPay cards issued worldwide.


Payvision Partners with China Merchant Bank Subsidiary

AMSTERDAM, The Netherlands | On December 4th, Payvision announced its Partnership with yet another well-established Chinese Bank in Hong Kong. Wholly owned subsidiary of the 6th largest commercial bank by total assets in China, China Merchants Bank (CMB), Wing Lung Bank (WLB) has built a solid reputation with 51 banking business outlets in Hong Kong, Mainland China, Macau and overseas since its inception in 1933.


UK ranked as worlds most developed online retail market

UNITED KINGDOM | The UK is the world’s most developed online retail market, according to a recent research report published by the world’s largest privately-owned real estate services firm, Cushman & Wakefield.


Computop launches China Paygate solution

GERMANY | Computop strengthens its position in world’s second largest e-commerce market with the launch of its local China Paygate solution. A payment gateway that grants access to all major Chinese online payment methods and local acquiring banks in China - including Alipay, 99bill, China Union Pay and Yee Pay.


Chinese Online Lottery Site Powered by Danal Mobile Payment Solution

SAN JOSE, CA and SEOUL, SOUTH KOREA | 17wind, China's first privately-owned online lottery provider, has signed an exclusive contract with Danal to enable payments on its site using Danal's mobile payment solution. Danal, the parent company of BilltoMobile, is the pioneer and global leader in e-commerce mobile payments, having processed an unmatched $7 billion in transactions.


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