Alliance boosts e-frastructure in Korea and China

Business-to-consumer payment systems will benefit from an alliance between a Korean and Chinese e-payment companies.

Elaine Leong

July 10, 2000

Payment gateway systems in China and Korea are set to benefit from a collaboration of two players in the payment solutions market. Korea's CyberNet Information System (CIS) and Shanghai-based Huateng Software Systems Co (Huateng) have formed an alliance to develop internet payment and integrated circuit (IC) card terminals and solutions for both nations.

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