Saturday, January 23, 2021
Tags Chinese third party payments sector

Tag: Chinese third party payments sector

Banking

Third Party Payments Licenses in China See Prices Contract Almost 60%

CBNEditor - 0
Prices for third party payments license in China have seen a precipitous decline since Beijing's launch of a crackdown on internet payments....
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Economy

China’s Third Party Payments Providers Will Sever Direct Ties to Banks

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The People's Bank of China hopes to strengthen its monitoring and regulation of third party payments providers by severing their direct ties to banks,...
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Most Read

Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

Fintech CBNEditor - 0
China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Economy CBNEditor - 0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

Finance CBNEditor - 0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark

Fintech CBNEditor - 0
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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