SPDB

#Bank Transfer#Card (credit or debit)#Installments

SPDB (Shanghai Pudong Development Bank) is one of the major commercial banks in China and offers a variety of financial services, including payment methods for consumers and businesses. Regarding […]

Certified payment providers 1
Market coverage 1
  • China
Currencies 2
  • China Yuan Renminbi
  • RMB
Description

SPDB (Shanghai Pudong Development Bank) is one of the major commercial banks in China and offers a variety of financial services, including payment methods for consumers and businesses.

Regarding payment methods offered by SPDB, it provides several options, including credit and debit cards, electronic transfers, direct debits, mobile payments, and online payments.

In China, electronic payment methods are widely used, and mobile payments are becoming increasingly popular. SPDB offers a mobile payment app called “SPD Pay”, which allows users to make in-store and online purchases, as well as transfer money to other users.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

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?2023-04-18T18:57:21+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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