Sina signs deal with UnionPay

2014-01-24 01:02:23 GMT2014-01-24 09:02:23(Beijing Time)  Global Times

Chinese Internet company Sina Corp announced on Thursday that it has reached a cooperation agreement with China UnionPay, a national bank card association, signaling the Internet giant's intent to enter the Internet payment business.

The two sides will strengthen cooperation on payment products and value-added ­services as well as marketing and promotions, Sina said in a statement.

Sina received a third-party payment license from the People's Bank of China on July 6, 2013 to conduct online payment services within the country.

Editor: Zhao Wei
Add Comment
Please read our Terms of Service. Messages that harass, abuse or threaten others; have obscene or otherwise objectionable content; have spam, commercial or advertising content or links may be removed.