How to be paid securely and smoothly is something that foreign businesses, which want to enter China market, should take into consideration, particularly when you do Internet business.

We have heard some foreign businesses just chose to implement credit cards like they did elsewhere outside of China. This, sadly, was an awful decision that almost blocks the way to potential Chinese clients – they may already have put something into shopping cart!

It is critical for foreign businesses to understand the China payment systems and choose the ones to be used on websites wisely.

In a word, China Internet shoppers are big fans of China specific payment systems. Forget about PayPal, Skrill, Visa or Master Cards… In China, there are at least 20 different such platforms. And, 95% of payments online are made using Chinese Payment Systems like Alipay (or Zhifubao in Chinese), TenPay (or WeChat Pay), Lakala, Suning Pay, Baofu.com, ChinaPnR, Hebao (NFC) or China Union Pay.

Get your China payment system solution at NetFin.Marketing!