Maverick China Payment Profiles: IPS, In the Money Through a Merchant Focus:

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Maverick China Payment Profiles: IPS, In the Money Through a Merchant Focus

Published Date: October 2007

Published By: Maverick China Research

Page Count: 24

Order Code: R765-12

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IPS is one of China’s oldest third-party payment providers, and through their online payment platform, is one of the few Chinese payment providers making a profit. To date, they have been successful where others have failed by focusing on merchant-targeted online payment solutions. IPS has been able to make money in spite of a very small registered user base of only 1.5 million. In this report, we dissect how IPS, already 7 years in the industry, has been successful so far and whether or not their strategy is suitable for future growth in China's payment industry.

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