Bank of China Bao-line payment service launched

Posted on May 21, 2009 @ 10:40 am
by Zou

April 16, the nation’s greatest unconnected third-party compensation podium to pay Bao and the new variety of e-banking, Bank of China publically advertised the co-operation. In future, the Bank of China a new variety of Internet banking users can pay to realise Bao purchasing, pay-to-peer web a new life. At this purpose, embracing the Bank of China, ICBC, Agricultural Bank of China, Construction Bank, Postal Savings, Bank of the six state-owned banks, 15 countrywide banks, and close to 40 provincial banks are the co-operation with the compensation of Po. Email Shao xiao feng, head, commented, AliPay has more than 150 million users through the compensation of Po podiums, banks and Po are toiling concurrently to accelerate the compensation of Internet banking, the reputation of online compensation business. “For more population, depart to the bank payments are a thing of the past in line.”

It is comprehended that the Bank of China Bao-line banking and compensation in addition embraces the support of the loan small discern enterprise concern. Po with the compensation of co-operation with instantaneous effect, customers of Bank of China as long as the unclasping of a new variety of Internet banking services can be concluded through the compensation of Po-line purchasing, tour, online services for instance compensating utilities. Aspects of the Bank of China said that the Bank of China co-operation will highly enhance the customer understanding and captivate more users of the services the Bank of China.

For the fee of Po, it is furthermore a good news. As of the end of March, Bank of China Bank Professional Network has been close to five million users, this aim is to come to 10 million. This means that the co-operation with the Bank of China will pay on-line this year, an boost Po of the 10 million promise customers. More significantly, online buying, mesh submissions for example fee of the occurrence of the birth of a large number of the one-by-one and the one-by-one, between persons and enterprises, for example micro-payment desires, the customary economic services have been very tough to rendezvous the desires of users. Through collaboration with numerous banks, appearing to become the third-party fee stage to attach users to the customary economic services desires and the best connection between.

“I desire to purchase things for example, a merchant can not get access to the mesh of all banks in the Bank, if the enterprise support mesh I do not have shiny, it will not be adept to entire the transaction. But as long as get access to to pay-bao, I have a bank business card can be conveyed out to pay, that is, I select to pay the causes Po. “users who pay for such a older Po articulate his views.

Internal network users appear silver sudden growth, and personal financial management and e-commerce market heat to accelerate the growth of the market is closely related to special factors. IResearch survey of “2008-2009 China Internet Development Report, the banking industry,” Research shows that as at the end of last year covered by individual network users amounted to silver 64,745,000, an increase of 33.7%. As at the end of February this year, AliPay users have reach 1.5 billion yuan, becoming the fastest-growing Internet area of a basic application.

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