'Citi Cut Off Temu Payments After Visa Raised Concerns' - The Information
'Citi Cut Off Temu Payments After Visa Raised Concerns' - The Information
In just two years, Chinese-owned Temu has come out of nowhere to become one of the best-known bargain shopping sites, known for its ultracheap and sometimes wacky gadgets and apparel. U.S. consumers are expected to spend about $18 billion on the site this year. Behind the scenes, though, Temu has encountered trouble with the bank that was handling those payments. Citigroup, the fourth-biggest U.S. bank, stopped handling payments for Temu in the U.S. late last year, just a year after the site's launch, following questions raised about Temu's business by payments network Visa, according to people close to the situation. Visa wanted to know whether Temu was doing enough to ensure merchants weren't selling counterfeit or illegal goods.
在短短两年内，中国人拥有的Temu突然成为最知名的廉价购物网站之一，以其超便宜、有时甚至是古怪的小玩意和服装而闻名。预计今年美国消费者将在该网站上花费约180亿美元。但是，在幕后，Temu在处理这些付款的银行中遇到了麻烦。据接近情况的人士称，美国第四大银行花旗集团在网站推出仅一年后，于去年年底停止在美国处理Temu的付款，此前支付网络Visa对Temu的业务提出了质疑。Visa想知道Temu在确保商家不出售假冒或非法商品方面做得是否足够。
