The People’s Bank of China(PBOC)recently issued the regulations on QR code payment service(Trial)and two other relevant technical specifications to regulate payments by scanning two-dimensional barcode,which are to t...The People’s Bank of China(PBOC)recently issued the regulations on QR code payment service(Trial)and two other relevant technical specifications to regulate payments by scanning two-dimensional barcode,which are to take effect on April 1,2018.Payment institutions must obtain proper permits to offer barcode-based payment services by then.Payments with QR codes are increasingly common in China for purchases in large or small shops,subway展开更多
文摘The People’s Bank of China(PBOC)recently issued the regulations on QR code payment service(Trial)and two other relevant technical specifications to regulate payments by scanning two-dimensional barcode,which are to take effect on April 1,2018.Payment institutions must obtain proper permits to offer barcode-based payment services by then.Payments with QR codes are increasingly common in China for purchases in large or small shops,subway
