Sino Fibre & Union EPS Sign Agreement
Providing Online Barter Processing Services In China
Sino Fibre Communications (OTCBB:SFBE), a broadband value-added
internet services provider in China, has signed an agreement with
Shenzhen Bank-Union EPS Financial Services (www.ebankunion.com)
to add online payment processing services to its barter exchange
platform.
This capability will enhance the online barter trading and
settlement system for the B-to-B e-commerce services provided to the
4.5 million medium and small private enterprises from the company’s
joint venture company with CAMSE.
Sino Fibre's CEO/president, Daniel Mckinney, said “We are extremely
pleased about our agreement with Union Pay-EPS. Union Pay is the
official payment processing agent of China. This facility is a
crucial element of our online barter trade system that Union Pay
will provide secured online payment processing services to our
barter trade and e-commerce clients. The successful roll-out of our
joint venture business will no doubt bring in massive traffic to
ride on the fiber optic network we represent, and are in the process
of acquiring from our Chinese partner.”
For more information about Sino Fibre Communications visit
www.sinofibre.com.
