["Australia","Canada","China","France","Germany","Hong-Kong","Indonesia","Japan","Macau","Malaysia","Philippines","Singapore","South Korea","Switzerland","Taiwan","Thailand","United Kingdom.","United States of America"]
United States of America
China Yuan Renminbi
United Kingdom Pound
United States Dollar
Bank of China offers several payment methods in China, tailored to the needs of local and international consumers. Here are some of the main payment methods of Bank of China in China:
– Credit cards: Bank of China issues Visa and Mastercard credit cards, as well as local UnionPay cards, which can be used for online and in-store purchases.
– Mobile payments: Bank of China also offers mobile payment solutions such as BOC Pay and Apple Pay, which allow users to pay with their smartphone by scanning a QR code or using NFC technology.
– Bank transfers: Bank of China customers can make bank transfers online or in person at a bank branch.
– Cheques: Bank of China also offers cheques, although this payment method is becoming less common in China.
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NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.
What are the risks associated with cross-border payments?ibenot2023-04-18T18:57:21+02:00
Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.
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