Thursday, January 21, 2021
Tags Chinese cash payments

Tag: Chinese cash payments

Chinese Central Bank Tackles Refusal to Accept Cash Payments in the Wake of COVID-19

The People's Bank of China (PBOC) has launched new measures to curb the refusal by businesses to accept payments in cash, following...

Chinese Central Bank Fines Five Businesses in Beijing for Refusal to Accept Cash Payments

The People's Bank of China (PBOC) is ensuring that Chinese businesses continue to accept cash despite the rapid spread of mobile payments...

PBOC Issues First Ever Penalty for Refusal to Accept Cash Payment

As the cashless revolution sweeps China's consumer market, the Chinese central bank has started to issue fines to businesses that refuse to accept cash...

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