Sino Payments, Inc. announced today that it has inked a contract with PowerE2E to provide credit and debit card processing services in China. The agreement includes card processing services for PowerE2E’s clients as well as directly for PowerE2E transactions. According to the press release, the SinoPay GPP system is being deployed on site at PowerE2E’s Headquarter location in Shanghai.

Matthew Mecke, Chairman & CEO of Sino Payments, commented, “We are really excited about installing the SinoPay GPP system at PowerE2E and getting integrated to provide processing for the initial PowerE2E client as is provided for in this agreement. We are looking forward to a long and very fruitful relationship with PowerE2E both in China and elsewhere throughout the Asia region.”

Lim Tai Thong, CEO of PowerE2E, stated, “Through SinoPay we now offer our clients a cost-effective payment-gateway which is crucial in the Asia retail-industry as it is under constant pressure to improve their cost-structure.”