China Payment Services online payment system
235 systems total
CNY, USD, GBP
China, Internationally
merchants
China Payment Services can provide your business with a direct merchant account payment facility within China or a third party payment facility for businesses based outside of China. Please find below an overview on each payment facility with current rates.
If your business is based outside of China and expects to accept payments exceeding more than ¥640,000 Yuan Renminbi per month (circa $100,000 USD), please contact our sales team for a reduced rate.
| Merchant Location | Worldwide |
|---|---|
| Discount Rate | 3.5% (Includes currency conversion costs to USD) |
| Activation Fee | FREE (Save $250.00 USD – Special Offer) |
| Monthly Account Fee | FREE (Save $25.00 USD per month – Special Offer) |
| Transaction Fee | FREE† |
| Rolling Reserve | 2% of gross volume* |
| Wire Fee | $55.00 USD |
| Settlement Currency | USD and GBP (Other currencies upon request**) |
| Settlement Minimum | $2,000.00 USD |
| Settlement Timeframe | Weekly in arrears |
| Cards Accepted | Chinese debit cards and credit cards |
| Integration Method | Hosted sales page (https post) |
| Merchant Location | China |
|---|---|
| Discount Rate | Rates from 0.7% |
| Activation Fee | FREE (Save $250.00 USD – Special Offer) |
| Monthly Account Fee | FREE (Save $25.00 USD per month – Special Offer) |
| Transaction Fee | From 5 cents USD per transaction |
| Rolling Reserve | 2% of gross volume* |
| Payment Currency | ¥ CNY (RMB) |
| Settlement Currency | ¥ CNY (RMB) |
| Settlement Timeframe | From every 2 days |
| Cards Accepted | Chinese debit cards and credit cards |
| Integration Method | Hosted sales page (https post) / Various |
† Items sold below a ticket price of $30.00 USD, will be charged a flat transaction fee of $1.00.
* In keeping with the risk management policies set by partner banks and associations in China, CPS will hold back a 2% rolling reserve for a period of 6 months. For example in the seventh month of processing, your 2% reserve held in month one is returned to you.
** CPS provides settlement in USD, GBP and RMB but can arrange for settlement in another currency upon request (approval based on average monthly processing volume). Please note that a currency conversion cost will be incurred when a currency is converted from USD into your choice of settlement currency. This will take place at applicable standard commercial bank rates on the day of settlement by Commonwealth Bank in Australia.
pos, web, mobile
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