Market Entry China
Nationwide License Portfolio
1. Internet Payment
(eCommerce Acquiring)
2. Cross-Border
Payment
■ License: Internet Payment Acquiring license, granted by the PBOC.
■ Service: Acquiring of eCommerce payment transactions in retail, logistics, luxury goods and social
media:
■ AllScore allows merchants / their customers to access the China Union Pay Gateway (CUP),
enabling them to pay with CUP-issued payment products (debit/credit cards).
■ AllScore has developed a QR code system which is readable by consumer's Alipay / WeChat
App, enabling merchants to accept Alipay/WeChat Pay payments.
▪ License: Cross-Border Payment license, granted by the PBOC.
■ Service: The license enables AllScore to settle cross-border FX payment transactions.
■ Merchant industries: Merchants importing clothing, buildings materials and cosmetics.
3. Prepaid Card
Issuing
▪ License: Issuing License, granted by the PBOC.
■ Service: AllScore currently offers closed-loop prepaid cards to merchants in the
retail/consumer goods industry.
© Wirecard 2019
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