Posts Tagged “China Payment Services”

CPS helps eCommerce operators worldwide to accept China UnionPay cards online

China Payment Services (CPS) has announced the release of a new international Renminbi online payment service a week out from being a sponsor at eTail China, an international eCommerce conference being held in Shanghai from September 20 - 21. As the number of Internet users in China approaches 500 million, many International online retailers have expressed their desire to grow their sales within or to China. CPS will enable these merchants to securely and reliably accept online payments in China, from China UnionPay cardholders. Nearly 30% of the world’s payment cards display the UnionPay mark.

China Payment Services

China Payment Services (CPS) is a leading provider of secure and reliable real-time payment processing services, with solutions for merchants based within China or worldwide. Our experienced team of Chinese payment experts includes bi-lingual account managers, developers and industry consultants who will work with your business to help facilitate the best payment solution for you. The CPS team can assist businesses to set up reliable and secure payment solutions under two primary setups: China Settlement Under this setup merchants can accept payments from local customers in RMB and are settled within China in RMB. International Settlement Under this setup businesses based outside of China can accept payments from customers in China in RMB, however the merchant is settled outside of China in their local currency (e.g. USD, AUD, EUR).


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