No fuss, rapid integration: Now your customers can pay you instantly over the phone.
PhonePay makes it easy to pay for products and services with a China Debit Card*.
The customer instantly transfers the payment to the merchant via the phone banking system using a unique reference code issued by the merchant. The process is simpler and perceived by the customer as higher in trust than many online solutions as the customer is dealing directly with the bank with everyday technology as opposed to an intermediary.
*The PhonePay system covers 90% of the ATM market including ICBC Bank, China Merchants Bank, China Construction Bank and China MinSheng bank.
• No fuss, rapid integration, we will have you set up and able to accept payments fast.
• High trust system: customers use the technology daily (banks and mobile phones)
• Enables merchants to accept payments from people without traditional credit cads to pay for goods and services.