Thursday, January 21, 2021
Tags Chinese cash payments

Tag: Chinese cash payments

Banking

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

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

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

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

PBOC Issues First Ever Penalty for Refusal to Accept Cash Payment

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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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Most Read

KPMG Releases List of China’s Top 50 Fintech Companies in 2020

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Accounting giant KPMG has just released its latest list of the leading fintech companies in China.
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China’s State-owned Enterprises to Pursue Greater International Cooperation Post-COVID-19

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The State Assets Supervision and Administration Commission (SASAC) hopes to expedite the expansion of Chinese state-owned enterprises (SOE's) into cooperative projects in...
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Beijing Aims for Internet of Things Security Standards by 2022

Economy CBNEditor - 0
The Chinese central government says it will drive the creation of security standards for Internet of Things (IoT) technology in China over...
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TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

Fintech CBNEditor - 0
Douyin, the Chinese counterpart to social media giant TikTok, has confirmed that it is now capable of providing payments functions following the...
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