News this week: The Taiwan External Trade Development Council (TAITRA) has entered a partnership with
Taiwan’s E. Sun Commercial Bank
to launch a new direct payment service – E. Sun Trade. The service will work in conjunction with
TAITRA’s online trading platform, iDealEZ, to help Taiwanese exporters accept direct payments from mainland Chinese
buyers.
According to E. Sun
Commercial Bank, the new payment channel will work in cooperation with established
mainland China-based payment platforms Alipay and Tenpay. The partnership
between TAITRA and E. Sun will also reportedly provide Taiwanese exporters with
marketing and logistics services.
TAITRA’s iDealEZ platform
was launched in 2011 and has a reported membership of 80,000. In July 2012, the
E. Sun bank also opened its first branch on the mainland in Dongguan in the
southern province of Guangdong.
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