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Gome to Build No.1 Home Appliance Portal in China with 99Bill

2007-02-02 12:26 2598

BEIJING, Feb. 2 /Xinhua-PRNewswire/ -- The Chinese home appliance retail giant Gome Group ( http://www.gome.com.cn ) and 99Bill Corporation

( http://www.99bill.com ), the leading independent third-party payment service provider in China, recently announced a strategic partnership to enable online home appliance purchases. According to the agreement, 99Bill will provide Gome with customized payment solutions to support real time online transactions for online home appliance shopping covering 40 cities throughout the country. The solution will not only enable Chinese users to pay for Gome products easily with credit cards, debit cards, and phone banking, but also allow Gome to centrally manage all online transactions across 40 cities.

As the leading online home appliance shopping site, Gome online shopping mall ( http://www.gome.com.cn ) is committed to provide Chinese users with the most innovative products and services. As Mr. He Yangchun, spokeperson of Gome Group commented, this cooperation's objective is to provide Gome's consumers with an easier, faster and safer online shopping destination through 99Bill's powerful payment solutions and comprehensive services. By leveraging existing retail facilities, internet technologies and the online shopping site, Gome online shopping mall is to become the "No. 1 Home Appliance Portal in China" that integrates appliance information, product news and online purchase, thus eventually making Gome the "appliance expert" in the internet world.

With 130 millions online users in China, more and more leading enterprises in traditional fields are accelerating their steps toward e-commerce, the advantages of independent third-party payment platform are becoming more apparent day by day. "The cooperation of traditional industry and third-party payment not only brings end-consumers new shopping and payment experience, it also allows transitional businesses to leverage the 130 million online customers and interactive technology as well. The 99Bill's partnership with Gome is the major step toward the direction." 99Bill CEO Oliver Kwan said.

Analysts point out, the alliance between traditional industry and third-party payment platform also demonstrates that the online payment is getting recognition among internet users and merchants. Due to such independent online payment platform, the user purchase behavior and transaction efficiency of China's traditional industries will change dramatically, and online purchase will become daily routine for the most internet users in China.

As the first company in China to offer email and mobile phone number based online payment platform, 99Bill has built extensive partnerships with board range of service providers in all major Internet and wireless service sectors, aggregated over 14 millions registered accounts and won greater recognition among its users and partners. The partnership with Gome demonstrates 99Bill's expansion beyond internet based service providers and into traditional industry.

About 99Bill Corporation

99Bill Corporation ( http://www.99bill.com ) is the leading third party payment service providers in China with 14 millions registered accounts, and the first email and mobile number based payment services platform in China targeting 400 millions internet and mobile users. The comprehensive payment solutions enable any merchant, mobile user and internet user to make and receive payments securely and conveniently with 800 million local debt cards, 50 million credit cards, prepaid cards, mobile payments, virtual accounts, digital coupons, bank wire and postal wire. Additionally, the payment services support multiple end devices, such as PC, mobile phones and regular telephones. Since its launch early 2005, 99Bill has secured major partnerships for payment services with the leading service providers in China, such as Baidu, Netease, Sohu, and Gome.

For details, please visit http://www.99bill.com .

Source: 99Bill Corporation
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