Trunkbow, a provider of mobile payment solutions and mobile value added solutions in China, is developing and implementing a new electronic payment system for China Minsheng Banking Corp (view press release). Trunkbow will develop a complete back-end system, which includes a gateway to the clearing-house, an express payment option for websites and mobile apps, and a merchant management system. The deal aims to enable one-click payments for online and mobile purchases made by CMBC’s estimated 10 million credit cardholders.
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