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PBoC Plans 'Mobile Trusted Platform' Payment Service

China Business News, 2/11/14

According to an inside source, the People's Bank of China (PBoC) has authorized the trial use of its mobile trusted platform service (MTPS), approved at the end of 2013, offering mobile payment service integration to telecom operators from seven trusted service managers (TSM) including China Construction Bank, China CITIC Bank, China Everbright Bank, China UnionPay, and China Mobile (NYSE: CHL; 0941.HK). Read More