Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Western Union Partnership With ChinaPay Will Enable Direct RMB Payments for Universities Around the World

LONDON, November 13, 2012 /PRNewswire/ --

Western Union Business Solutions, a unit of The Western Union Company (NYSE:WU), today announced its plans for expanding Western Union's partnership with ChinaPay, the online and mobile payments subsidiary of UnionPay, the bankcard association in China. 

The expanded partnership with Western Union Business Solutions will enable participating universities and higher education institutions around the world to accept international tuition and student fees in the Chinese Renminbi (RMB). 

Together, Western Union Business Solutions and ChinaPay intend to offer an integrated, co-branded platform that will allow universities to give incoming Chinese students and their parents the ability to make foreign tuition payments in their home country and currency. Combining ChinaPay's online and mobile payment portals with Western Union Business Solutions' integrated foreign exchange and payment platforms will enable fast and reliable fund reconciliation and will allow payers to have funds deducted from their bank accounts in real time.

"More students go abroad from China than any other country in the world" said Kerry Agiasotis, Chief Commercial Officer, Western Union Business Solutions. "Over 1 million Chinese students studied abroad in 2011 and China is clearly an important market for universities globally. I am delighted that our partnership with ChinaPay will allow us to create a platform that will make it easy for them to accept local RMB payments in a timely and efficient manner."[1]

"We are excited to be launching this collaboration with Western Union Business Solutions," said Cathy Wang, Vice General Manager of ChinaPay. "International education is increasingly important for many in China.  Western Union's work to improve the speed and efficiency of cross-border payments for hundreds of universities and higher education institutions around the world make them an ideal partner that will give students and their families a reliable, convenient payment solution."

Students from China comprised 15.72 per cent of the international student body in the United Kingdom in 2010-11, according to the UK Council for International Student Affairs (UKCISA).[2] 67,325 Chinese students studied in the UK in 2010-11, an increase of 18 per cent from the previous year, and China provides more international students to the UK than any other country.

"Hundreds of millions of Chinese cardholders use ChinaPay's online services; they really are the market leader," concluded Mr. Agiasotis. "Combining their innovative and extensive platforms with our existing service will enable universities to make the most of the opportunities a globalised Renminbi presents and offer local currency payments in one of the world's largest international student markets."

Western Union Business Solutions enables businesses, colleges and universities of all sizes to send and receive international payments and manage foreign exchange in more than 135 currencies, creating unique solutions tailored to suit their FX needs.  Institutions are supported by a network of trading offices, strategic banking relationships and a global clearing network. Universities use the cross-border payments service for study-abroad programs, student refunds, and for professors or recruiters traveling worldwide. For more information, visit http://business.westernunion.com/industry/education/

--------------------------------------------------

1. Beijing Times, 21 August, 2012; http://www.chinadaily.com.cn/china/2012-08/21/content_15693813.htm

2. Source:  http://www.ukcisa.org.uk/about/statistics_he.php#table1

About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of September 30, 2012, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 510,000 agent locations in 200 countries and territories. In 2011, The Western Union Company completed 226 million consumer-to-consumer transactions worldwide, moving $81 billion of principal between consumers, and 425 million business payments. For more information, visit http://www.westernunion.com.

About ChinaPay

ChinaPay was established in 2002 to engage in the online payment acquiring business under UnionPay. ChinaPay is a leading third-party payment service provider in China and holds the electronic payment licenses for third-party payment companies issued by the People's Bank of China. ChinaPay's self-proprietary unified payment gateway provides comprehensive and secure internet and mobile payment solutions for merchants. ChinaPay spearheaded the cross-border acceptance of UnionPay cards online by launching cooperation with overseas partners to provide merchants with internet payment solutions. For more information, please visit http://www.chinapay.com


Contact:

Western Union Business Solutions                                                                                  
Jennifer Berlin                                                                                                                          
+44-779-549-7129
jennifer.berlin@westernunion.com

Redleaf Polhill
Lauren Franze / George Parrett / Karl Wiseman
+44-207-5666-750
wubs@redleafpolhill.com

ChinaPay
Mr. Jian, GUAN
+86-21-6087-2156
guan.jian@ChinaPay.com

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
For retailers everywhere, it’s a challenging new day. Security threats are a constant – both inside their four walls and out. The big security breaches we hear about on the news; the smaller ones sometimes not. But their impact remains costly to us all. The need for mobility, rapidly e...
I write and study often on the subject of digital transformation - the digital transformation of industries, markets, products, business models, etc. In brief, digital transformation is about the impact that collected and analyzed data can have when used to enhance business processes ...
I had the privilege of attending a mobile security event this week and speaking with many experts on the matter. I am not a mobile security expert, so my role was to speak on mobile strategies and trends and to learn as much as I could. What did I learn? I learned the difference b...
General Electric (GE) has been a household name for more than a century, thanks in large part to its role in making households easier to run. Starting with the light bulb invented by its founder, Thomas Edison, GE has been selling devices (“things”) to consumers throughout its 122-year...
It's time to condense all I've seen, heard, and learned about the IoT into a fun, easy-to-remember guide. Without further ado, here are Five (5) Things About the Internet of Things: 1. It's the end-state of Moore's Law. It's easy enough to debunk the IoT as “nothing new.” After all,...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE