2. About China Payment Services (CPS)
hina Payment Services (CPS) offers ecommerce payment solutions to allow domestic and
International businesses to accept payments from all Chinese credit and debit cards (China
UnionPay cards) on their website.
here are reportedly now over 530 million Internet users in China, and approximately 500
million UnionPay cards on issue. CPS can help businesses to target Chinese Internet users by
providing a supportive and targeted payment facility to start accepting UnionPay
cards with complete ease.
China Payment Services is in partnership with the leading online payment subsidiary of China
UnionPay, ChinaPay, as well as numerous banks within China. This allows CPS to offer
merchants the ability to accept payments from China, whilst settling into their choice of major
currency, into their domestic bank account.
Fact: There are more UnionPay cards on issue worldwide then there are Visa or MasterCard.
3. Ecommerce in China
he enormous scale and potential of ecommerce in China:
hina is already the 2nd biggest consumer of luxury goods in the world
hina 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 USD
he Chinese government is actively working to promote ecommerce growth and development
4. CPS Partnered With ChinaPay
he previous challenge faced by international businesses selling to Chinese customers
was the inability to accept payments in Renminbi unless they had a Chinese bank
account.
CPS has established a partnership with ChinaPay that closes this gap by offering a
cross-border online payment facility that allows merchants to accept payments from
Chinese customers in Renminbi whilst settling in their choice of major currency into
their 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
5. Core Benefits of the CPS Payment Facility
PS 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.
6. CPS Setup Options
hina 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 card
hina 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
7. CPS Gateway Integration Options
osted 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
8. CPS Online Payments Demonstration
Your Checkout / Payment Page
elect Payment
Method
nce an item has been
selected for purchase
on your checkout /
payment page,
customers have the
option of accepting
UnionPay as their
preferred payment
option.
When UnionPay is
selected, users are
redirected to the CPS
payment gateway.
Depending on your
chosen currency setup,
customers may first be
directed to a hosted
Example Payment Page
currency confirmation
9. CPS Online Payments Demonstration
Currency Confirmation Page
urrency Conversion
Page
This page only appears if
your sale currency is not
RMB.
Here, customers are
presented with a hosted
redirect currency
confirmation page, which
confirms the amount they
will be deducted in RMB.
Example used: USD to
RMB
10. CPS Online Payments Demonstration
ChinaPay Bank Selection Page
ank Selection
and Payment
Authorization
he customer then
chooses which
bank they wish to
pay via.
hey authorize the
payment with
their own bank
and will see a
“Payment
Success”.
his is the
standard online
payment process
in China.
11. CPS Online Payments Demonstration
Your ‘Thank-you’ Page
elect Payment
Method
mmediately after the
payment is authorized
and accepted through
the CPS payment
platform, the customer
is redirected back to
your website.
Example ‘Thank-you’ Page
13. CPS Secure Administration
he Dashboard
iew all completed and
abandoned transactions
in real-time via your CPS
Secure account.
he dashboard is
customizable with your
choice of ‘widgets’.
Widget reports include:
ccount Balance
ransaction Count
ransaction Feed Contains Sample Data Only
ransaction Volume
16. Fraud Screening
At CPS, we approach payment processing and fraud management with a consistent
emphasis on security, across a range of areas. The CPS Gateway has more than
seven separate fraud detection and prevention systems that work seamlessly to
identify 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.
17. I’m Ready to Apply for an Account
To set up a Chinese payments account with CPS, simply make an online application
from the CPS website: www.chinaymentservices.com/apply-now.
I Require Further Information
Contact a CPS account representative:
info@chinapaymentservices.com
+61 7 3113 4029
Brisbane, Australia
18. Looking for International Card Options?
China Payment Services is part of the PNI Group. If you are also looking for
International payment solutions to accompany your China payment solutions
(such as Visa and MasterCard), contact the team at PNI for more information
Payment Network International (PNI)
Phone: +61 7 3113 4007
Email: info@pni.com.au
Head Office: Level 1, 360 St Pauls Terrace, Fortitude Valley QLD, Australia
