The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

China's Xiaonei.com To Open Payment System To Third Parties

November 3, 2008
Internet

China's leading social networking services website Xiaonei.com has announced plans to open its Internet payment system application program interface, making it the first SNS website that has opened its payment system to third parties.

The opening of Xiaonei.com's payment system to open platforms aims to help more third party companies, to help them gain profits and get through the coming financial crisis. Xiaonei.com has reportedly allowed all qualified application developers enter its payment system from October 17, 2008. At present, several application developing teams have joined the payment system and the engineers of the website are helping them to get used to this system and guide them to design proper charging models.

Xu Chaojun, vice president of China InterActive Corp, which is a major stakeholder in Xiaonei.com, says that Xiaonei.com's payment system has established cooperations with many Chinese banks and third-party payment software developers. With this platform, the entire payment process can be easily handled and the only thing for the application developers to think about is how to get the money into their users' pockets.

Tags: API | application developer | bank | charging | China | Chinese | developer | e-commerce | finance | financial | financial crisis | interactive | Internet | Internet payment | investment | IT | networking | online payment | payment | payment provider | platform | SNS | social networking service | social networking site | Software | technology | Web 2.0 | website | Xiaonei | Xu Chaojun

Other Related News:

MyRSS.cn Enhances Internet Media Monitoring And Widget Support In China

September 29, 2009

Vivo Y21t price in Pakistan & specifications

November 8, 2022

Football stars, desert ski resorts, 2029 Asian Games-Saudi Arabia is building post-oil future

August 20, 2023

Lenovo, Foxconn To Develop Notebook

June 18, 2004

U.S.- listed China shares are tumbling again with Alibaba down 9%

March 15, 2022

Alibaba Launches Business SNS Website In China

June 17, 2009

Charlie Munger Thinks China Was Right to Ban Bitcoin

December 6, 2021

W3C Expands Speech Synthesis Markup Language Internationalization

August 3, 2006

Is China trying to spy on the US to thank Huawei?

July 24, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter