People’s Bank of China

PBOC Halts Virtual Credit Cards And Mobile Payments In China

The People's Bank of China has issued an emergency alert to stop the use of virtual credit card products as…

11 years ago

Bitcoin Value Steadies After Chinese Government Warning Drop

Five Chinese government units, including the People's Bank of China, Ministry of Industry and Information Technology, China Banking Regulatory Commission,…

11 years ago

China’s Tenpay, American Express Join For International Internet Payment Services

Tenpay, the Internet payment subsidiary of Chinese technology firm Tencent, and American Express have reached an agreement to jointly provide…

13 years ago

Heightened Chinese Inflation Pushes Renren.com To Offer Employee Loans

Chinese social networking website Renren.com has announced that it will launch an interest-free housing scheme, and employees can apply for…

13 years ago

Twenty-seven Chinese Companies Gain Third-party Payment Licenses

The People's Bank of China has published a report saying that it has issued licenses for non-financial institutions to operate…

14 years ago

Alibaba Plans To Open Physical Banks In China

Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which…

14 years ago

China’s Super Online Banking System Launched In Four Cities

The People's Bank of China's second generation Internet payment system, which is also know as the super online banking system,…

14 years ago