Via the newly launched payment service, Chinese nationals will be able to pay for their purchases on Singapore websites offering the service by directly debiting their domestic bank accounts without having to own a credit card or share sensitive information online.
Furthermore, consumers from China who want to make online purchases via Singapore websites need a key in their User ID and Internet Banking Personal Identification Number, which they can obtain from their domestic banks. eNETS connects directly to China’s domestic banks and does not require financial information to be disclosed online.
eNETS China Payment is available to customers of more than 30 banks in China including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications and China Merchants Bank.
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