Singapore’s electronic payments provider, NETS, has launched eNETS China Payment, a new payment service enabling direct debit payments from Chinese domestic bank accounts. Through this service Chinese nationals will be able to pay for their purchases on Singapore websites offering the service by directly debiting their domestic bank accounts without having to own a credit card or share sensitive information online.
Jocelyn Ang, NETS managing director, EFTPOS, internet business and merchant network, said: “eNETS China Payment is a natural extension of our merchant service offerings. We were the first in Singapore to offer merchants the opportunity to tap into the growing Chinese national market with the launch of our NETS-CUP service in 2005 and today, we are delighted to be able to offer them the ability to reach out to millions of internet users in China.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more