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Virtual security opens up new vistas for global companies

By Wang Xing | China Daily | Updated: 2009-09-18 08:40

Virtual security opens up new vistas for global companies

Many consumers are reluctant to make online payments due to security reasons. Xiao Chunhu

Third party online payment security service providers are set to expand their business aggressively in China, after the central bank recently urged lenders to tread slowly on credit cards and asked them to build in adequate safeguards to make the transactions safe and fool-proof.

Virtual security opens up new vistas for global companies

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