The Bank of China Group, which already has a secure online payment system for Visa cards, is developing another system for BOC's Great Wall card, as well as Visa and Mastercard.

CNN: THE E-TAIL REVOLUTION

The market still hasn't overcome big issues like online privacy and secure payment methods to have to contend with also thorny issues like goods that aren't delivered or sites that don't load quickly enough (or that crash) or that don't properly read the order.

CNN: ASIANOW - TIME Asia | Asia Buzz: Bah, Humbug

Ziegler previously founded PaySecure, a payment method to secure online purchases, which he sold to Georgia-based Acculynk.

FORBES: Corduro Raising Series B

Its arrival, along with several similar businesses, may spell trouble for banks, which have seen online bill-payment as their chance to secure a leading role in Internet commerce.

ECONOMIST: Bill payment by Internet