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November 19, 2010

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Online payment deal

SHANGHAI Rural Commercial Bank said yesterday it entered into a partnership with online payment companies including Alipay, Tenpay and 99Bill, to build an online platform to provide financial services for rural customers.

The lender will issue co-branded credit cards with its collaborators as well as provide online payment and online transfer system for rural small business owners.

Alipay, Tenpay and 99Bill will also provide value-added services to better serve clients.

 

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