Monday, July 2, 2012
Celebrate ECPSS gain Pay licence from people's bank of china
The third party payment indicates that the indpendent affiliate which has signed agreement with oversea and domestic banks ,has better reputation and powerful strength of growth .The third party payment cooperates with banks to offer neutral fair Personalized settlement payment service and value-added service to government ,enterprise ,business unit ,clients.
With the E-commerce quick development ,in recent years,the third party industry has flourishing development in china.More and more people are similar with shopping online payment tools ,such as unionpay ,alipay ,ECPSS.
In order to make the payment industy have healthy development in china ,the leader of banks ,people's bank commands the NO financial institution to apply the pay lisence on first september 2011;if some companies which still can't gain the pay lisence are forbidden to expand pay business in china.Thus, on September 1, 2011 was the third party pay enterprise as the market "access deadline".
There are 256 companies to have the pay lisence in china. ECPSS is one of these companies .ECPSS has gained business license of international payment industry from people’s bank of china. It means that ECPSS is more powerful and trustworthy than other credit card processor company in china. NOW Republic of china government has made very policy to third party payment! it’s good news for our ECPSS merchant!