
PayPipe
PAY.ON AG, a provider of payment processing services, is extending the payment coverage of its routing gateway PayPipe in China (view press release). The gateway will offer a direct link to credit and debit card organisation, China UnionPay (CUP) and to the CUP subsidiary ChinaPay. As a result, payment service providers and their merchants globally will be able to gain access to the payment procedures on offer. In addition, PAY.ON will provide a link to China UnionPay for acquiring banks and processors complying with technical and formal requirements.
PayPipe is designed to offer payment providers with an opportunity to connect their payment system with the processing platforms of other payment providers and around 100 international payment method providers via one single interface (API).
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