Maverick China Third-Party Payment Profiles: ChinaPay - Providing Online Payment Solutions for Chinese Banks

Table of Contents

1 Industry Overview: Key Factors Shaping Third-Party Payments in China

• 1.1 Continued preference for cash payments, but bank card payments rising
• 1.2 Credit card use remains low; debit cards widespread
• 1.3 Limited coverage of non-cash payment services
• 1.4 China UnionPay' s bank card monopoly
• 1.5 Quasi-online payment systems an interim solution
• 1.6 Two ISPs, 162 million Internet users
• 1.7 Two mobile operators, 500 million subscribers
• 1.8 Contactless smartcard use increasing but largely limited to buses and subways
• 1.9 Government regulations and the "national interest"

2 ChinaPay - Providing Online Payment Solutions for Chinese Banks

• 2.1 Company Overview
  • 2.1.1 Ownership
  • 2.1.2 Organizational Structure
  • 2.1.3 Management Team
• 2.2 Business and Financial Performance
• 2.3 Services, Channels, and Coverage
  • 2.3.1 Online Banking
  • 2.3.2 Self-service Payment Terminals
  • 2.3.3 POS terminals
• 2.4 Market Size
• 2.5 Marketing and Branding
• 2.6 Partnerships
  • 2.6.1 Bank Partners
  • 2.6.2 Merchant Partners
  • 2.6.3 Technology Partners
• 2.7 Competitive Analysis
• 2.8 Outlook

List of Figures

• Figure 1: Credit cards issued in China and in the US (M)
• Figure 2: Internet Users in China, 2001-2006 (M)
• Figure 3: Mobile Subscribers in China, 2002-2010F (M)
• Figure 4: China government groups involved in third-party payment regulation
• Figure 5: China UnionPay organizational chart
• Figure 6: ChinaPay Payment Channels
• Figure 7: ChinaPay Online Payment Operation Model
• Figure 8: ChinaPay Online Payment Fee Structure
• Figure 9: Online Brokerage Operation Model
• Figure 10: ChinaPay Online Brokerage Fee Structure
• Figure 11: ChinaPay Bank Partners for Online Brokerage Service
• Figure 12: ChinaPay Fund Partners for Online Brokerage Service
• Figure 13: ChinaPay Online Bank Transfer Partners
• Figure 14: ChinaPay Self-service Payment Terminal
• Figure 15: ChinaPay Terminal Services
• Figure 16: ChinaPay e-POS
• Figure 17: Total CUP bank cards issued in China, 2005-2007F (M)
• Figure 18: ChinaPay Logo
• Figure 19: ChinaPay Bank Partners
• Figure 20: ChinaPay Key Merchant Partners