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Mobile Payments China

Reality and Trend of China’s Regulation on Payment Service by Non-Financial Institutions 2016

by Davis Wright Tremaine LLP on

Understanding the payments regulatory environment in China—both the existing regime and pending developments—is essential for companies engaged in cross-border payments activities (particularly non-financial institutions). At...more

Online Payments in China: Recent and Regulatory Actions

by Davis Wright Tremaine LLP on

On March 13, 2014, People’s Bank of China (“PBC”) issued an opinion letter halting immediately the use of QR codes for payments using mobile phones (as distinguished from using QR codes at POS terminals) well as the use of...more

Developments in Chinese Mobile and E-Payments

by Davis Wright Tremaine LLP on

The year end is seeing many potentially significant developments in mobile and electronic payments in China. Several of these developments are noted below....more

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