Bank of America Merrill Lynch (BofA Merrill), a leader in global transaction services, has launched a payments collection service supporting mobile and card payments through China UnionPay Merchant Services Company.
BofA Merrill is the first non-Chinese bank to offer this end-to-end solution via multiple collection channels in China.
Through an agreement with China UnionPay Merchant Services Company, BofA Merrill can now provide clients in China an integrated solution that streamlines the process of payments collection and reconciliation.
