ChinaPay.com enables online payments in Shanghai

Whilst the rest of the world ponders about online payments in the B2B world, China has finally closed the loop in the B2C world.

Payments for business to consumer (B2C) transactions over the internet in China are fast becoming a reality - at last. ChinaPay.com is working with The Shanghai Bankcard Network Service Center (SNET) to provide an online link between internet merchants and the Shanghainese members of the Golden Card national project.

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