Tag: e-commerce

Indonesia aims to replace US dollars with RMB in China trade • RMB gains IMF's support for SDR inclusion • and more…

As more consumers feel at ease paying for goods online, treasury departments need to safely support e-commerce digitally.

Proposals to regulate online payments have dented ambitions of non-bank providers, but unregulated systems benefit no one.

Spare a thought for the treasury departments trying to keep up with soaring e-commerce payments.

The PBOC Shanghai has authorised five third-party payment providers to execute renminbi cross-border payments for electronic commerce.