Payments Definitions GlossaryWhat is 1-Pay Direct?
1-Pay Direct is one of the pioneer gateway solutions that enables online merchants to accept payments in China. With the Chinese online market regulated by banks, merchants cannot capture or save customers’ banking information as they do with credit cards. This payment gateway solution supports real-time domestic bank card payments in RMB, as well as paying out funds to customer’s bank accounts.
NETBANX offers a payment solutions for merchants trading in China
When taking payment online with NETBANX you can use 1-Pay Direct as an additional service. Opening your business to Chinese online consumers and giving you access to a vast Chinese bank network.
If you are thinking about expanding your business in China and would like to use the 1-Pay Direct service contact us today
More Payment Definitions
Asking yourself "what is PCI Compliance"? Find out about more payment terminology from our payments glossary, including what is: 1-Pay Direct | 3D Secure | Acquiring Banks | Address Verification System | Bureau Service Provider | Credit Card Payment Provider | Credit Card Processing | Credit Card Processor | Debit Card Processing | Deferred Billing | Dynamic Currency Conversion | Electronic Payments | ELV Payments | Giropay Payments | Internet Merchant Account | Merchant Account | Merchant Account Provider | Merchant ID | Online Credit Card Processing | Online Direct Debit | Online Merchant Account | Online Payment | Online Payments | Paperless Direct Debit | Payment Bureau | Payment Gateway | Payment Processing | Payment Processor | PCI Compliance | Shopping Cart | 
