PayPal Acquires Full Control of China Payments Business By Editors, Regulation Asia Published on 14th January 2021 PayPal is the first foreign firm to own a 100% stake in a payment platform in China, having obtained a licence to operate in the country a year ago.To continue reading... Sign in Password * Remember me Lost your password? Get access Get access immediately by purchasing a 12 month subscription, or register today to get access to a free 5-article trial: Register Subscribe To discuss subscription options with our team please email: [email protected] Related:Alipay, Gopay, Ministry of COmmerce, payment services, Payments, PayPal, PBOC, WeChat Pay Recommended for you BIS Innovation Hub Sets Out 2021 Work Programme NAFMII Punishes Bond Underwriters Over SOE Default PBOC Proposes to Tighten Oversight of Non-bank Payments Firms