Prospective Changes in Third-Party Payment in China with Emergence of NetsUnion Clearing Corporation (NUCC)

Shusong Ba ()

Chapter Chapter 26 in The New Cycle and New Finance in China, 2022, pp 211-220 from Springer

Abstract: Abstract According to the Administrative Measures for the Payment Services Provided by Non-financial Institutions issued by the People’s Bank of China (PBC), third-party payment refers to the online payment (including Internet-based payment, mobile payment, fixed-line telephone-based payment and digital TV-based payment), prepaid card service, bank card acquiring service and other payment service stipulated by PBC.

Date: 2022
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DOI: 10.1007/978-981-16-8209-4_26

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