Japan Post Service Co., a mail delivery unit of Japan Post Holdings Co. will open an online shopping mall site for Chinese consumers and Japanese residents in China. Customers will be able to pay for purchases with credit cards and have their orders sent to China by express mail service.

On 8 August, the opening day of the Beijing 2008 Olympic Games, international tourists spent nearly US$10 million on their Visa credit, debit and prepaid cards, Visa says.

Citibank China has officially launched its first Unionpay Renminbi debit card to its retail customers in China. Two types of debit card are available now, a regular debit card for Citibank customers and a gold debit card for Citigold customers.

Longtop Financial Technologies says it will provide one of China’s joint stock banks with a customized software solution for the bank’s anti-money laundering system.

Citibank plans to introduce Citibank Mobile Financial Services to Hong Kong in Q3 2008. The bank’s online customers accessing the Internet using their mobile handsets will be able to enjoy a range of banking services anytime, anywhere. This service will also be available on the latest iPhone 3G.