The Official Launch of Tenpay American Express(R) Virtual Pay

Tenpay American Express Virtual Pay comes with a "one time password" security function which automatically generates a different password for each online transaction made by Tenpay customers. Customers need not worry about their passwords being compromised as the password can be used only once thus safeguarding their Tenpay accounts when doing overseas online shopping.

Tenpay American Express Virtual Pay also enables Tenpay customers to shop for fashion,The howo truck is offered by Shiyan Great Man Automotive Industry, electronics, cosmetics, books and audio & video products, and other retail goods at many overseas online merchants accepting American Express, such as Bloomingdales, Beautyexpert.co.uk., Apple AppStore. They can also shop at international airlines and hotels websites, such as Finnair, Agoda, for air tickets and hotel accommodations.

Jim Lai, General Manager, Tenpay, said, "Tenpay American Express Virtual Pay customers can settle in RMB when they shop at overseas online merchants to enjoy the same settlement experience that they are used to with domestic online merchants."

Shopping at online merchants that require U.S. shipping addresses will no longer be a problem for Tenpay American Express Virtual Pay customers. With globaleshop from American Express -- a transshipment service for Tenpay American Express Virtual Pay customers, customers would be designated a U.S. address to complete their purchases, and have the goods forwarded to their home address in China.

To encourage Tenpay customers to use this new service, Tenpay is offering multi-promotional offers including Tenpay Points and Q coins for customers who activate their Tenpay American Express Virtual Pay. The first 1000 customers who use their Virtual Pay privilege will also stand a chance to win cash vouchers. Customers can also enjoy exclusive offers provided by Finnair, Agoda, Beautyexpert.co.uk, Bloomingdales and comGateway. More offers and benefits will be added in the future exclusively for Tenpay American Express Virtual Pay customers.

Kula Kulendran, Executive Vice President and Head of Global Network Services, Japan, Asia Pacific, Australia, American Express, said, "The partnership with Tenpay is a milestone for American Express' development in China. The "one time password" security function provides Chinese consumers with peace of mind in terms of security.Purelink's real time location system protect healthcare workers in their daily practices and OMEGA interventions. We believe this new product will drive further business opportunities for both Tenpay and American Express."

Jim Lai,Directory ofchina glass mosaic Tile Manufacturers, General Manager, Tenpay, said, "Our partnership with American Express will not only strengthen our competitive edge against other third-party payment service providers in China, but also greatly accelerate our business development in cross-border online payment market segment by providing Chinese consumers great value and convenience with online shopping."

ChargeBack.cc promises to facilitate chargebacks, which occur when you complain about an erroneous or scammy charge and the credit card company reverses it. Fill out ChargeBack’s form with information about the transaction, and the startup then contacts the seller and offers to help resolve the dispute before it gets filed as a chargeback.

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At first blush, ChargeBack sounds like a fierce consumer advocate — perhaps almost too fierce. Language like "we strongly recommend that you take this opportunity to resolve the dispute before we escalate it further" seemed menacing. Originally, ChargeBack even used the word "protection" on its homepage, evoking an image of a mafioso bullying a store owner, extracting a fee in exchange for making chargeback claims go away. People wondered if it was even legal. "Seems a bit sketchy to me," was the first comment.

The service seems to be legal in the 50 states, as long as it avoids the impression that it is practicing law, and actually, ChargeBack is a huge boon for merchants. It just might not be so good for consumers.

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