Post Tagged with: "e-payments"

China Awards First Foreign E-Payments License

China Awards First Foreign E-Payments License

by July 17, 2014 at 12:20 pm 0 comments

China could be opening the door to U.S.-based payments companies. Earlier this week, China granted 19 e-payment licenses, including one to a foreign-owned company, Beijing Chanjen, which is owned by the Singapore-based software company Ufida. The license allows companies to transact electronic payments in the People’s Republic.