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Financial Institutions

    Cooperative Financial Institutions

IPS has established sound relationships with all the PRC banks, supporting bank card payment of 22 banks. We’ve also been developing international credit card online processing services by the cooperation with VISA, MasterCard, JCB, NETS (Singapore). IPS is currently the NO. 1 payment platform in terms of debit card acceptance (supporting debit cards in Singapore and China ). Being the most secure international card online payment platform, IPS has passed the tests of Verified By VISA, MasterCard Secure Code and J-Secure.


    Brief Introduction of Financial Institutions

        Industrial and Commercial Bank of China Limited (hereafter refers to ICBC) is a leading financial player in China with an outstanding customer base and multi-dimension business structure. It boasts core competence in innovation, market competitiveness and premier brand value…..
         China Construction Bank,founded in October 1954, is one of the commercial banks with longest history in China. As one of the first batch of state-owned commercial banks carrying out the joint-stock reform trial, China Construction Bank Corp. was founded on September 17, 2004……
        Bank of China,or Bank of China Limited in full, is one of China’s four state-owned commercial banks. Its businesses cover commercial banking, investment banking and insurance. Members of the group include BOC Hong Kong, BOC International, BOCG Insurance and other financial institutions…….
          Founded on April 8, 1987 with its head office in Shenzhen, China Merchants Bank is the first share-holding commercial bank wholly owned by corporate legal entities. Since its establishment, the bank has undergone capital enlargement by 3 times…..
         Bank of Communications Founded in 1908, Bank of Communications (BOCOM) is one of four oldest banks in China and one of the early note-issuing banks of China. In 1958, while the Hong Kong Branch continued to operate, the mainland business of BOCOM was merged with People's Bank of China and the People's Construction Bank of China on BOCOM's foundation……
         Industrial Bank Co.,Ltm. Founded in August 1988, headquartered in Fuzhou City, Fujian Province, Industrial Bank (hereinafter referred to as "the Bank") is one of the first batch of joint-stock commercial banks approved by the State Council and the People's Bank of China…..

         Shanghai Pudong Development Bank, SPDB, incorporated on January 9, 1993 with the approval of the People's Bank of China (28th, August, 1992), is a joint-stock commercial bank with its headquarters located in Shanghai……

         Agriculture Bank of China As one of the four large state-owned commercial banks, Agricultural Bank of China(ABC) is an important component of China's financial system, with its head office in Beijing. In China, ABC boasts its extensive outlets covering urban and rural areas, strong funds and complete service functions……
         China Citic Bank CITIC Group, with the initiation and approval by Deng Xiaoping, chief architect of China's reform and opening - up, was established on Oct. 4, 1979 by Rong Yiren, former Vice President of PRC.
         Guangdong Development Bank , incorporated in September 1988, with the approval of the People's Bank of China and State Department, is a joint-stock commercial bank with its headquarters located in Guangzhou……

         Guangzhou Commercial Bank, founded on September 17, 1996, is the only joint-stock commercial bank controling by the city government……

         With the approval of the People's Bank of China, Xiamen City Commercial Bank was founded on November 30, 1996. XCCB is a share-holding commercial bank wholly owned by corporate legal entities……
         Shenzhen Development Bank Co.,Ltd was founded on December 28, 1987, which was the great break of China financial system reform and the important threshold of China capital market development…….
         China Minsheng Banking Corp.,Ltd. Founded on January 12, 1996 in Beijing, China Minsheng Banking Corp., Ltd. ("Minsheng") is the first national joint-stock commercial bank in China with stocks mainly held by non-state-owned enterprises……
         China Everbright Bank Established in August of 1992, China Everbright Bank (CEB) completed joint-stock reform in January 1997, thus becoming the first nation-wide joint-stock commercial bank with State Government as controlling shareholder and equity investment from international financial institutions……
      Visa is an association that links cardholders, merchants and its competing member financial institutions through the world's largest electronic payment network, linking a billion cardholders and more than 24 million acceptance locations around the world……
 MasterCard Worldwide is a driving force at the heart of commerce, enabling global transactions and bringing insight into the payments process to make commerce faster, more secure, and more valuable to everyone involved……

 NETS was founded as a result of a need for a centralised e-Payment operator by Singapore's local banks: DBS, Keppel Bank, OCBC, OUB, POSB, Tat Lee Bank and UOB……

        JCB has been pursuing independent expansion since 1981 to make the JCB brand an international brand accepted across the globe. JCB is firmly committed to independence in its quest to make JCB the brand known worldwide for high-quality, products and services meeting the diverse needs of all our customers.
 
 
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