Suning Opens Green Digital Channel For Expatriates
Chinese home appliance retailer Suning has announced plans to launch a Green Channel for expatriates from July 1, 2008. As part of the Green Channel service, Suning will arrange sales guides to offer...
View ArticleForeign Payment Processor Launches China UnionPay Card Acquiring Service
Global Payments Asia-Pacific Limited has become the first foreign payment card processor to launch China UnionPay card acquiring service in China. Global Payments Asia-Pacific Limited, a joint venture...
View ArticleBritish Internet Retailer Expands To Chinese Online Sector
UK-based Net-a-Porter has launched a Chinese-language website, targeting the Asia Pacific market. Net-a-Porter currently has websites in English, French, German, and Chinese languages. The Chinese...
View ArticleMasterCard Focuses On Payment Safety With Chinese Internet Shopping Firm
Chinese e-commerce and online payment behemoth Alibaba Group has signed a memorandum of understanding with MasterCard. The MOU aims to forge joint efforts to establish an enhanced e-commerce...
View ArticleMasterCard Teams With Chinese Bank For Virtual Payments
China CITIC Bank and MasterCard have signed a memorandum of understanding for strategic cooperation in the virtual payments space within and outside China. Financial terms of the deal have not been...
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African Firm Buys Into Hong Kong Payments Company
Net 1 UEPS Technologies Inc. has acquired a 43.88% interest in Transact24 Limited, a specialist Hong Kong-based payment services company. T24's primary business activities include Chinese debit card...
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Asian Shoppers Can Soon Use Credit Cards To Buy Chinese Travel
U.S.-based Digital River, Inc. has signed a payments agreement with Chinese online travel company Ctrip. Ctrip is using the Digital River World Payments solution to process credit cards, including...
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