VCHEQ bid to close e-commerce loop

VCHEQ, a Singaporean based e-business payment company, has launched an online payment service which connects banks and B2B merchants - but will the banks come out to play?

Companies grow up quickly in the dotcom age. Few more so than VCHEQ.COM, a 3 month old Singaporean based e-business. In early April VCHEQ.com launched a global payment service, which will enable banks to link to businesses and business-to-business portals for e-payment. In its third month VCHEQ.COM has secured the support of three international investors, J.P. Morgan Co. of the U.S., Allianze AG of Germany, and the Government of Singapore Investment Corp.

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