PayGate will Start Providing For China

- Includes China Bank Union‘s CUP service and China’s biggest internet companies' AliPay/TenPay

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PayGate

Jun. 12, 2013 09:57

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SEOUL--(Korea Newswire)--PayGate, a payment solution provider announced today that it will start providing all major prepaid payment service for China market. This includes China Bank Union‘s CUP service and China’s biggest internet companies' AliPay/TenPay.

AliPay, Alibaba group's online-offline payment solution is the biggest major in China, which takes about 40% of market share. QQ, IM based Chinese internet giant is providing their TenPay solution, which is about 20% of all online payment in China.

Combining them all, together with credit card payment, it's covering almost 90% of all online markets and online stores, according to PayGate.

About PayGate

PayGate is an online payment solution provider (PSP) company established in 1998, which has been continually focusing on international market as for inbound and outbound. They are specialized in international business transaction as well as most-international-fitting Active-X free payment solution since it's the majority that almost all PSP companies require Active-X plug-in and usage Microsoft Internet Explorer along with Windows operating system.

Website: http://www.paygate.net