在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

UnionPay to spend $32m on online payment

By Wu Yiyao in Shanghai | China Daily | Updated: 2014-05-28 06:56

China UnionPay Co Ltd, a bankcard association, will spend 200 million yuan ($32.02 million) to promote its payment functions and services to cardholders, the company said on Tuesday.

Third-party payment services are taking an increased market share, it said.

The promotion is to change cardholder habits from swiping cards to paying with phones. It's something widely seen in China and has created business opportunities from online to offline payment channels, Hu Ying, assistant president of China UnionPay, said.

China's online third-party payment market is worth 5.4 trillion yuan ($874.37 billion) and may more than double in the next four years, according to iResearch, an Internet market research service provider.

Transactions of some 250 certified third-party payment service providers in China totaled 1.72 trillion yuan in 2013.

Growth in the third-party payment market lies in investments because money market funds distributed online are becoming increasingly popular among investors.

According to Barclays Research, these funds account for less than 1 percent of more than 100 trillion yuan held in bank deposits at end-2013, but their assets have swelled by an average of 93 billion yuan each month from July 2013 to January 2014.

China's central bank introduced rules to guide development of the third-party payment market in March. It suspended digital credit card services and payment by scanning a barcode or quick-respond code with a smartphone to address concerns about protecting cardholders' payment securities.

Cardholders of China UnionPay cards with initial card numbers of 62 may have discounts when they use them between May 31 and June 2, during International Children's Day and China's Dragon Boat Day, by swiping the card or using Wallet, a smartphone application platform, UnionPay said.

Cardholders can download and use coupons, vouchers and join other promotion programs, the card association said.

China UnionPay will strengthen its role as a payment service provider and provide an open platform to help card issuers and holders, said Shi Wenchao, president of China UnionPay.

"Our goal is to appeal to more cardholders, so they are willing to complete transactions via UnionPay and enjoy more services and products of the UnionPay card," Shi said.

Market insiders and analysts said payment service providers need to expand mobile payment to win more market shares in the future.

Mobile payment will expand at a fast pace in the next two years. It's estimated the value of transactions completed via mobile payment will reach 4.1 trillion yuan by 2016, some four times of that in 2013, said Zhang Meng, an analyst with Analysis International in a recent note.

wuyiyao@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲精品中文字幕乱码三区91 | 蜜桃综合网 | 免费国产黄色 | 日韩精品在线一区 | 日韩伦理一区 | 国产精品自拍av | 免费在线观看毛片 | 成人免费视频观看视频 | 精品一区二区三区免费 | 欧美精品亚洲 | 欧美在线观看一区二区 | 91播放| 手机成人在线视频 | 亚洲天堂久久久 | 中文字幕三区 | 四虎成人av | 九色av| 午夜在线观看视频 | 久久91| 欧美成人区 | 久久精品久久久久久久 | 欧美激情视频一区 | 欧美日韩精品一区二区 | 国产一级特黄aaa大片 | 国产精品一区二区视频 | 国产视频一区在线 | 黄色aaa | 日韩有码在线观看 | 女人av在线 | 日韩在线视频播放 | 97视频在线观看免费 | 伊人春色在线 | 在线成人免费视频 | 亚洲午夜视频在线观看 | 国产成人精品一区二区三区视频 | 91精品国产一区二区三区 | 成人av一区二区三区在线观看 | 成人午夜网| 久久久久蜜桃 | 黄色国产精品 | 黄色资源在线观看 |