Founded in 2000, International Payment Solutions (Shanghai) Limited ("IPS") is one of the earliest online payment service providers in China. For the last seven years, IPS, with great popularity among millions of cardholders, has enjoyed ascending monthly transaction volumes and has been the vanguard within China e-payment industry.

        Currently, IPS has established and maintained sound partnerships with major banks in China mainland and major international credit-card organizations such as VISA, MasterCard, JCB, NETS (Singapore). IPS has been the most powerful online payment platform for China mainland debit cards in terms of card acceptance ability. Tens of thousands of online transactions with various bank cards from mainland China, Hong Kong, Macau and Singapore will be processed by IPS every day.

        IPS has integrated the main functions of bank card payment, account payment and telephone payment and has independent-developed some new products such as hotel booking service and ticket booking service to provide comprehensive, quality service for its consumers, merchants, enterprises and financial institutions.

        Furthermore, IPS has been able to design MY-IPS, an online shopping information portal for individual users. The latest activities of IPS and its merchants are promoted through about ten featured channels on MY-IPS.

        In 2005, IPS has been the only online payment provider certified with ISO 9001 2000 in China. When it comes to 2007, IPS achieved several awards such as " China Info Security Trustworthy Brand "and " Outstanding E-payment Service Platform ".

        IPS is headquartered in Shanghai and has offices in Beijing, Shenzhen and Hong Kong.