Electronic Payments

China's electronic payment industry from the initial only simple for the life of the 1.0 era of service to the 2.0 era of E-commerce services, into the network of the 3.0 era of financial management. Internet users as long as online, click the mouse, sitting at home can use electronic payment to complete the fund trading activities, financial efficiency has been greatly improved.     The advent and upgrading of electronic payments has made internet banking more convenient. The rapid growth of the electronic payment market in the second quarter of this year benefited from the following two ...

Abstract: "Economic reference newspaper" from the World Trade Organization (WTO) official website learned that, local time 16th afternoon, the WTO on the U.S.-China Electronic Payments monopoly case issued by the Expert Group report, the first time that UnionPay in renminbi-denominated payment card clearing trade monopoly, the economic reference newspaper reporter from the World Trade Organization ( WTO) official website learned that the local time on the afternoon of 16th, the WTO on the United States v. China Electronic Payment monopoly issued by the Expert Group report, the beginning of the ruling that UnionPay in renminbi-denominated payment card liquidation transactions have a monopoly, violating WTO rules. It certainly makes me ...

Abstract: "Economic reference newspaper" from the World Trade Organization (WTO) official website learned that, local time 16th afternoon, the WTO on the U.S.-China Electronic Payments monopoly case issued by the Expert Group report, the first time that UnionPay in renminbi-denominated payment card clearing trade monopoly, the economic reference newspaper reporter from the World Trade Organization ( WTO) official website learned that the local time on the afternoon of 16th, the WTO on the United States v. China Electronic Payment monopoly issued by the Expert Group report, the beginning of the ruling that UnionPay in renminbi-denominated payment card liquidation transactions have a monopoly, violating WTO rules. It certainly makes me ...

Absrtact: The hot degree of mobile payment is supported by authoritative data. The overall performance of the second-quarter payment system, released yesterday (August 13) by the central bank, showed a rapid growth in the volume of electronic payments, in which the mobile payment business continued to maintain a high level of growth in mobile payments, supported by authoritative data. The Central bank yesterday (August 13) released the "second quarter of 2013, the overall performance of the payment system" shows that "the rapid growth of electronic payment business, where the mobile payment business continues to maintain a high rate of increase ...

Theft of cards, phishing, fraud, yellow-related and other miscellaneous issues, in the electronic payment development in a few short years ensued. 　　Alipay, Fast Money, the first letter, pull card, such as third-party payment platform, and major banks, UnionPay, and even operators of several types of market players in the competition delicate game. The lack of legislative legislation and regulatory gaps, so that the emerging industry in the chaos lurking in a lot of crisis. "China's electronic payment industry is a mixed bag, the development is not standardized, urgent need for relevant laws and regulations promulgated," Recently, the National Political Consultative Committee members, the Central University of Finance and Futures Institute director Qiang told reporters. ...

The latest data from China's Internet Center (CNNIC) show that in 2009, Internet payment usage reached 24.5%, user size 94.06 million, annual growth of up to 80.9%, is the fastest-growing network application in all E-commerce transactions. 　　Sources said that the central bank will issue electronic payment licences during the year, thus promoting the rapid development of electronic payments. Five-year growth of 30 times times data shows that in 2009, China's online payment market scale of more than 570 billion yuan, compared to 2008 274.3 billion yuan growth of more than 110% ...

Absrtact: Yesterday, the railway department began selling tickets for the September 30 mid-Autumn Festival via internet and telephone. According to the railway Shanghai Station forecast, September 30 is expected to send 346,000 passengers. At the peak of this wave of ticket purchases, 12306 sites yesterday remained jammed. Visitors complain: Online shopping yesterday, the railway department through the network and telephone to launch the September 30 "Mid-Autumn Festival" ticket. According to the railway Shanghai Station forecast, September 30 is expected to send 346,000 passengers. At the peak of this wave of ticket purchases, 12306 sites yesterday "jammed" still. Visitor complains: The network buys the ticket system to implement newly ...