About China Payment Services (CPS)hina Payment Services (CPS) offers ecommerce payment solutions to allow domestic andInternational businesses to accept payments from all Chinese credit and debit cards (ChinaUnionPay cards) on their website.here are reportedly now over 530 million Internet users in China, and approximately 500million UnionPay cards on issue. CPS can help businesses to target Chinese Internet users byproviding a supportive and targeted payment facility to start accepting UnionPaycards with complete ease. China Payment Services is in partnership with the leading online payment subsidiary of ChinaUnionPay, ChinaPay, as well as numerous banks within China. This allows CPS to offermerchants the ability to accept payments from China, whilst settling into their choice of majorcurrency, into their domestic bank account.Fact: There are more UnionPay cards on issue worldwide then there are Visa or MasterCard.
Ecommerce in Chinahe enormous scale and potential of ecommerce in China:hina is already the 2nd biggest consumer of luxury goods in the worldhina has over 513 million Internet users (more internet users than the USA and Europe combined)hina has 193 million online shoppers (more than the USA)hina’s eCommerce volume in 2010 was 703 billion USD, by 2015 it is expected to reach 2.8 trillion USDhe Chinese government is actively working to promote ecommerce growth and development
CPS Partnered With ChinaPayhe previous challenge faced by international businesses selling to Chinese customerswas the inability to accept payments in Renminbi unless they had a Chinese bankaccount.CPS has established a partnership with ChinaPay that closes this gap by offering across-border online payment facility that allows merchants to accept payments fromChinese customers in Renminbi whilst settling in their choice of major currency intotheir local bank account.enefits of CPS’s partnership with ChinaPay: • UnionPay Trust – Especially within the luxury brands market, shoppers prefer to purchase with a trusted brand. Being government owned and on all Chinese cards helps build consumer trust. • Global Experience – UnionPay has a rapidly spreading global presence and systems development, which places ChinaPay in a leading position to support global companies. CPS is helping to fill the gaps and provide a true global support system. • B2C Market Share - In terms of market share in the B2C market, ChinaPay is on an equal footing with AliPay, the largest direct competitor in the market. • Superior Support – Our experience shows that companies making a healthy profit in China provide better support. ChinaPay has made healthy profits for the last three years. • Foreign Currency Settlement – Due to the unique ownership structure of ChinaPay and the relationship with The People’s Bank of China, it is
Core Benefits of the CPS Payment FacilityPS Core Benefits: • True Bi-lingual Interface - View everything in English or Chinese within our gateway • Multi-Currency - Display local pricing and settle in any major currency (e.g. USD, GBP) • 99.99% Uptime Reliability - The gateway is very reliably hosted in Hong Kong with top tier security and redundancy • Easy to use - The CPS gateway has an easy to use informative gateway interface which provides access to useful data and reports • Real-time reporting - View all approved, declined and abandoned transactions in real time in the CPS secure back-end system • Australian-based – Reap all the benefits of trading with China, without having to deal with Chinese organizations. CPS is based in Australia, and offers solutions and support to merchants across the globe.
CPS Setup Optionshina Third Party Payment Facility • Ideal for: business incorporated outside of China, wanting to receive payments in a currency other than RMB • Available Settlement Currencies: USD. Other currencies are available upon request; application is dependent upon expected monthly processing volume • Activation timeframe: 24-48 hours for USD. 2+ weeks for other currencies (if approved) • Settlement timeframe: Weekly in arrears • Rates: Refer to Table 1 of the online rate cardhina Merchant Account • Ideal for: businesses incorporated in China, wanting to settle into their Chinese bank account • Available Settlement Currencies: RMB • Activation timeframe: 1 – 2 weeks • Settlement timeframe: Every 2 days • Rates: Refer to Table 2 of the online rate card
CPS Gateway Integration Optionsosted Sales Page Integration • Add UnionPay as a payment option to your existing shopping cart system so customers can make multiple purchases at once • CPS can integrate with most major shopping carts.Buy Now” button • Quick and easy option that is added to each individual item on your website • Works best when only one or a small number of items are purchased at the one time • Allows customers to purchase items without the need for your website to have a shopping cart, or allowing Chinese customers to by-pass the shopping cart procedure
CPS Online Payments Demonstration Your Checkout / Payment Pageelect PaymentMethodnce an item has beenselected for purchaseon your checkout /payment page,customers have theoption of acceptingUnionPay as theirpreferred paymentoption.When UnionPay isselected, users areredirected to the CPSpayment gateway.Depending on yourchosen currency setup,customers may first bedirected to a hosted Example Payment Pagecurrency confirmation
CPS Online Payments Demonstration Currency Confirmation Pageurrency ConversionPageThis page only appears ifyour sale currency is notRMB.Here, customers arepresented with a hostedredirect currencyconfirmation page, whichconfirms the amount theywill be deducted in RMB.Example used: USD toRMB
CPS Online Payments Demonstration ChinaPay Bank Selection Pageank Selectionand PaymentAuthorizationhe customer thenchooses whichbank they wish topay via.hey authorize thepayment withtheir own bankand will see a“PaymentSuccess”.his is thestandard onlinepayment processin China.
CPS Online Payments Demonstration Your ‘Thank-you’ Pageelect PaymentMethodmmediately after thepayment is authorizedand accepted throughthe CPS paymentplatform, the customeris redirected back toyour website. Example ‘Thank-you’ Page
CPS Secure Administrationhe Dashboardiew all completed andabandoned transactionsin real-time via your CPSSecure account.he dashboard iscustomizable with yourchoice of ‘widgets’.Widget reports include:ccount Balanceransaction Countransaction Feed Contains Sample Data Onlyransaction Volume
CPS Secure Administrationransactionetails Contains Sample Data Only
CPS Secure Administrationransactionustomeretails Contains Sample Data Only
Fraud ScreeningAt CPS, we approach payment processing and fraud management with a consistentemphasis on security, across a range of areas. The CPS Gateway has more thanseven separate fraud detection and prevention systems that work seamlessly toidentify and block suspicious transactions.These tools detect, among other things: • suspicious purchasing patterns, • velocity levels and, • failed identification checks which raise alerts and or block a payment altogether.
I’m Ready to Apply for an AccountTo set up a Chinese payments account with CPS, simply make an online applicationfrom the CPS website: www.chinaymentservices.com/apply-now.I Require Further InformationContact a CPS account representative:email@example.com+61 7 3113 4029Brisbane, Australia
Looking for International Card Options?China Payment Services is part of the PNI Group. If you are also looking forInternational payment solutions to accompany your China payment solutions(such as Visa and MasterCard), contact the team at PNI for more informationPayment Network International (PNI)Phone: +61 7 3113 4007Email: firstname.lastname@example.orgHead Office: Level 1, 360 St Pauls Terrace, Fortitude Valley QLD, Australia