Strategic Partners Services EChina Info Contact Us ECantata has formed a strategic partnership with the China Industrial and Commercial Bank to provide online payment services. With B2B online payment, enterprises can use their bank's online financial services to make convenient and timely transfers of funds from buyer to seller when they do their purchasing online. Parties to a transaction no longer need to use the traditional methods of payment, which are complicated and slow and require them to work offline. Online payment and B2B e-commerce are a perfect match, providing a safe, regulated and convenient trading environment that protects clients using advanced encryption technology.
Businesses can take advantage of online payment services without having to do any paperwork.
They can go online any time to look up payment information and track the progress of trades. To use B2B online payment services, a business only needs a computer connected to the Internet. Transactions are completed with the click of a mouse. The China Industrial and Commercial Bank is China's largest commercial bank. The bank's initial offerings in the online banking arena indicate an emphasis on services for corporate clients.