Posts Tagged ‘Internet payment’
China’s 99bill.com Opens R&D Center In Nanjing
August 2nd, 2010
The Chinese third-party electronic payment platform 99bill.com has announced that its new research and development center in Nanjing has gone into operation. The new research and development center will be fully responsible for 99bill.com’s development and trial operation of new technologies and products. With professional talents, equipment, and environment, the new center aims to provide [...]
New E-commerce Rules: China Will Implement Real-name Registration For Internet Stores
June 3rd, 2010
The State Administration for Industry & Commerce of China has formally published the “Interim Measures for Management of Network Commodity Trade and Related Services”, effective from July 1, 2010.
According to the measures, individual online sellers in China who wish to sell goods via the Internet should submit applications to the operators of e-commerce platforms with [...]
Chinese Internet Shopping Security Alliance To Be Established
December 10th, 2009
Chinese anti-virus solution provider Kingsoft says it will join hands with e-commerce service provider Taobao.com, [...]
China To Issue Licenses To Domestic Online Payment Companies
December 7th, 2009
According to Ouyang Weimin, director of Payment System Department of the People’s Bank of China, [...]
Chinese Websites Exposed For Illegally Selling Medicines
October 14th, 2009
China’s State Food and Drug Administration has exposed five websites that were found selling medicines without proper approval.
The websites are merckdx99.com which sells Moxue Xianfu’an in the name of Merck Serono China; bjtnbzl.com which sells Moke Huoyi Jiang Tang Tablet in the name of China Renhe Diabetes Research Institute; jksohu.com which sells Huoyi Shenjin Tablet [...]
China Punishes 6330 Phishing Websites
October 9th, 2009
According to Anti-Phishing Alliance of China, as of August 31, 2009, APAC had dealt with up to 6330 online phishing websites in recent months.
APAC mainly focused on two types of phishing websites: fake lucky-draw websites that imitate such famous companies as CCTV and Tencent, and websites that mock webpages of online payment service providers like [...]
China Opens Internet Legal Management Center
August 12th, 2009
China’s first professional academic institution that focuses on the systematic and theoretical research of Internet management and information society law has been started at Beijing University of Posts and Telecommunications.
According to Li Yuxiao, director of the Internet Management and Law Research Center, based on an open platform, the institution will organize Chinese and foreign experts [...]
Chinese Online Payment Platforms Accused Of Providing Payment Channels For Pornography
July 15th, 2009
According to the Ministry of Public Security of China, many overseas pornographic websites are now charging fees via third-party online payment platforms, including Alipay, 99bill.com, and Yeepay.com, in China, making these platforms important payment channels for the websites.
According to local media reports that have revealed details of the Ministry of Public Security’s statement, some third-party [...]
PBOC To Regulate Payment, Settlement Businesses Of Internet Platforms In China
April 21st, 2009
The People’s Bank of China has published a notice that requires all non-financial organizations engaged in payment and settlement businesses in China, including Internet platforms such as Alipay, to fully register under the new guidelines before July 31, 2009.
Though PBOC says the registration results will only be used as references of making relevant policies and [...]
