Banks outweigh rivals in mobile payments: report2014-06-01
China's behemoth banks beat their nimble young challengers in handling mobile payment business with fewer transactions, but of greater value.

Third party mobile payment thrives2014-04-29
The total trading volume of the third party payment business rose 43.2 percent year on year to 17.9 trillion yuan(2.9 trillion U.S.dollars)in China last year, the China Securities Journal reported Monday.

China issues rules to strengthen online payment security2014-04-18
China will limit the amount of money consumers can transfer to third-party online payment platforms, aiming to protect banks and consumers from fraud amid an explosion of online and mobile payment transactions.

Third-party payment sector rules issued2014-04-18
China's banking regulator and the central bank have jointly released a new set of rules on cooperation between commercial banks and third-party payment companies, media said Thursday.

Baidu launches Wallet mobile payment platform2014-04-15
Chinese search engine company Baidu Inc Tuesday introduced its online payment platform, dubbed"Baidu Wallet, to the mobile front, aiming to expand the company's presence in the domestic mobile payment arena.

Third-party payment regulation halted2014-03-21
China's central bank is not likely to roll out a new third-party payment regulation any time soon and the final version may be different from the current draft.

China suspends online credit cards, code scanning payments2014-03-16
The People's Bank of China(PBoC), the central bank, has suspended the use of online credit cards and payments via code scanning over security concerns, an official told Xinhua on Friday.

Yixin to focus on online payment2013-08-22
China Telecom Corp Ltd said on Wednesday that its new messaging product Yixin marks a major step in the company's attempt to diversify into Internet business.