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SmartPay partners with China Merchants Bank to develop nationwide payment services
By AMY CHEUNG
Published: September 06, 2006 12:00 AM
Shanghai SmartPay Jieyin Ltd., a leader in Chinese consumer payment systems, announced in a statement a nationwide partnership with China Merchants Bank (CMB) today to jointly develop the mobile payment market. According to partnership agreement, CMB customers will be able to enjoy convenient mobile payment services using SmartPay's mobile and telephone payment platform. Services include purchasing airline e-tickets, digital goods, lottery tickets, payment of utility bills including pre- and postpaid mobile usage and to participate SmartPay promotional activities. A number of new initiatives are planned to broaden and diversify offerings toward consumers.
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