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China Adopts 13.56MHz National Contactless Payment Standard

ChinaByte, 9/26/12

At an e-banking summit organized by the China Financial Certification Authority (CFCA) yesterday, Fan Shuangwen, deputy director of the Payment and Settlement Department of the People's Bank of China (PBoC), announced that China will adopt 13.56MHz NFC as the national standard for contactless payment. Read More