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	<title>China Payments News</title>
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	<pubDate>Wed, 20 Aug 2008 01:00:50 +0000</pubDate>
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		<title>Japan Post to Open Online Shopping Mall for China</title>
		<link>http://chinapaymentsnews.com/2008/08/japan-post-online-shopping-mall-for-china.html</link>
		<comments>http://chinapaymentsnews.com/2008/08/japan-post-online-shopping-mall-for-china.html#comments</comments>
		<pubDate>Wed, 20 Aug 2008 01:00:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[eCommerce]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=324</guid>
		<description><![CDATA[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.

The site is to open on [...]]]></description>
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		<title>Visa Reports US$10m Spending on Opening Day of Beijing Olymipc Games</title>
		<link>http://chinapaymentsnews.com/2008/08/visa-spending-on-opening-day-of-beijing-olymipc-games.html</link>
		<comments>http://chinapaymentsnews.com/2008/08/visa-spending-on-opening-day-of-beijing-olymipc-games.html#comments</comments>
		<pubDate>Wed, 20 Aug 2008 01:00:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Cards]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=327</guid>
		<description><![CDATA[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.

The day&#8217;s biggest Visa spenders were from USA, followed by Japan, Hong Kong SAR, South Korea and the United Kingdom. Visitors from these five locations accounted for more [...]]]></description>
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		<title>Citibank China Launches Renminbi Debit Card</title>
		<link>http://chinapaymentsnews.com/2008/08/citibank-china-renminbi-debit-card.html</link>
		<comments>http://chinapaymentsnews.com/2008/08/citibank-china-renminbi-debit-card.html#comments</comments>
		<pubDate>Wed, 06 Aug 2008 01:00:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Cards]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=398</guid>
		<description><![CDATA[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. 

The Citi and CUP network provides Chinese customers access to more than 140,000 ATMs within [...]]]></description>
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		<title>Longtop to Develop Anti-Money Laundering System for a Chinese Bank</title>
		<link>http://chinapaymentsnews.com/2008/08/longtop-anti-money-laundering-system.html</link>
		<comments>http://chinapaymentsnews.com/2008/08/longtop-anti-money-laundering-system.html#comments</comments>
		<pubDate>Wed, 06 Aug 2008 00:30:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[IT Solutions]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=397</guid>
		<description><![CDATA[Longtop Financial Technologies says it will provide one of China&#8217;s joint stock banks with a customized software solution for the bank&#8217;s anti-money laundering system. 

Under the terms of the agreement, Longtop will develop at the bank&#8217;s headquarter level a centralized anti-money laundering system to automate the analysis, screening and reporting of transactions. The system is [...]]]></description>
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		<title>Citibank to Launch Mobile Financial Services in HongKong</title>
		<link>http://chinapaymentsnews.com/2008/08/citibank-mobile-financial-services-hongkong.html</link>
		<comments>http://chinapaymentsnews.com/2008/08/citibank-mobile-financial-services-hongkong.html#comments</comments>
		<pubDate>Mon, 04 Aug 2008 01:00:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Mobile]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=395</guid>
		<description><![CDATA[Citibank plans to introduce Citibank Mobile Financial Services to Hong Kong in Q3 2008. The bank&#8217;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. 

Citibank Mobile Financial Services is device- and [...]]]></description>
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		<title>PayEasy Opens Philippine Market to 1.3 Billion Chinese</title>
		<link>http://chinapaymentsnews.com/2008/08/payeasy-philippine.html</link>
		<comments>http://chinapaymentsnews.com/2008/08/payeasy-philippine.html#comments</comments>
		<pubDate>Mon, 04 Aug 2008 00:30:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Online Payments]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=396</guid>
		<description><![CDATA[Philippine-based online payment processor Mozcom PayEasy says that its affiliated e-merchants now can accept China UnionPay&#8217;s Debit Cards.

&#8220;With China UnionPay as one of the payment modes available in PayEasy, we are enabling local online merchants to access 95% of Chinese consumers with a bank account and receive money from them faster and securely,&#8221; said Dick [...]]]></description>
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		<title>ICBC Launches Dual Interface Visa EMV Card</title>
		<link>http://chinapaymentsnews.com/2008/07/icbc-dual-interface-visa-emv-card.html</link>
		<comments>http://chinapaymentsnews.com/2008/07/icbc-dual-interface-visa-emv-card.html#comments</comments>
		<pubDate>Wed, 23 Jul 2008 01:00:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Cards]]></category>

		<category><![CDATA[Smart Cards]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=394</guid>
		<description><![CDATA[The Industrial and Commercial Bank of China is partnering with a retail group Parkson to issue the country&#8217;s first dual-interface Visa EMV payment card, the Peony Parkson Card. Giesecke &#038; Devrient (G&#038;D) has been selected to supply the cards to ICBC.

Cardholders can pay for purchases quickly and conveniently by simply swiping the Visa payWave card [...]]]></description>
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		<title>Citibank &#038; Octopus Launch Multi-Function Credit Card</title>
		<link>http://chinapaymentsnews.com/2008/07/citibank-octopus-multi-function-credit-card.html</link>
		<comments>http://chinapaymentsnews.com/2008/07/citibank-octopus-multi-function-credit-card.html#comments</comments>
		<pubDate>Tue, 22 Jul 2008 01:00:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Cards]]></category>

		<category><![CDATA[Smart Cards]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=392</guid>
		<description><![CDATA[Citibank and Octopus Cards Limited have jointly launched a new co-brand card - Octopus Citibank Credit Card, the first credit card with the Octopus function in Hongkong. The Card not only has both credit card and contactless smartcard payment functions, but also offers Citibank&#8217;s cashback in addition to the existing Octopus Rewards scheme that allows [...]]]></description>
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		<title>China Merchants Bank Receives New York State Banking License</title>
		<link>http://chinapaymentsnews.com/2008/07/china-merchants-bank-new-york-state-banking-license.html</link>
		<comments>http://chinapaymentsnews.com/2008/07/china-merchants-bank-new-york-state-banking-license.html#comments</comments>
		<pubDate>Tue, 22 Jul 2008 00:30:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=393</guid>
		<description><![CDATA[On July 14 China Merchants Bank (CMB) was presented with an official banking license by New York State Superintendent of Banking Richard H. Neiman, becoming the first Chinese bank to receive a banking license in the United States since the adoption of the Foreign Bank Supervision Enhancement Act of 1991. 

CMB established a representative office [...]]]></description>
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		<item>
		<title>Visa Launches Porcelain-themed ATMs for the Beijing 2008 Olympic Games</title>
		<link>http://chinapaymentsnews.com/2008/07/visa-porcelain-themed-atm.html</link>
		<comments>http://chinapaymentsnews.com/2008/07/visa-porcelain-themed-atm.html#comments</comments>
		<pubDate>Tue, 15 Jul 2008 01:00:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[ATM / POS]]></category>

		<guid isPermaLink="false">http://chinapaymentsnews.com/?p=391</guid>
		<description><![CDATA[Twenty-six new look ATM kiosks will be installed specially for the Beijing 2008 Olympic Games. The artwork on the ATM kiosks has been inspired by Chinese culture and calligraphy. It uses blue and white brush strokes and traditional signature seal designs which are most recognizable on traditional Chinese porcelain vases. 

Visa has been an official [...]]]></description>
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