Chinese online payment systems

[Ronald.dean]

For individuals or Chinese companies it’s pretty straight forward. For foreign companies using cross-border payment systems it´s a headache. Number of solutions * language combinations front end and back end * currency * number e-commerce platforms and so on… give a A LOT of combinations. We recommend a combination of Paypal and Alipay to begin with. We support our customers in contact with the payment providers as well and integration if needed. There are over 20 providers now, including the largest, Alipay, Tenpay, 99bill, CPS etc. And of course the banks that start up their own systems and make the market even more confusing. There is a Swedish player as well, Paynova, that went together with Leixun and formed Chinova very soon after the Chinese partnerships law was approved (which makes this (good) mess possible).