Partnership to Jointly Develop Innovative Payment Applications, Combining the Advantages of Net263 Communication Products with that of SmartPay's Mobile Payment Services
SHANGHAI, China, April 10 /Xinhua-PRNewswire/ -- Shanghai SmartPay Jieyin Ltd. ("SmartPay"), the electronic payment leader in China, recently reached a cooperative agreement with Net263 Ltd. Shanghai Branch ("Shanghai Net263") to jointly promote diversified payment solutions in the telecommunications field. The payment solutions will launch in April.
Shanghai 263 will be able to utilize payment solutions via mobile, fixed line telephone, the Internet, and SVA (Stored-Value-Account). Net263, established in 1998, has become one of the most important companies providing Internet communication services based on innovative technologies.
As a leader of electronic payment in China, SmartPay has succeeded in exploring various payment services with its innovative, secure and stable payment products. With the launch of http://www.172.com , SmartPay has centralized its mobile, telephone and internet-based payment services in one convenient portal for consumers.
Greg Shen, CEO of SmartPay, commented," SmartPay will be continuously committed to the innovations on payment solutions in more extensive fields, and promote the realization of payment convenience to create an easy and vogue life for people.
About SmartPay
SmartPay provides remote payment services in China under the brand name "Jieyin". Chinese consumers and intermediaries utilize SmartPay Jieyin for the payment of mobile, utility, travel-related and other payments. Smartpay continues to launch additional payment services under the "Jieyin" brand name. Investors in SmartPay include RRE Ventures ( http://www.rre.com ), Evolution Capital, Lunar Group Capital, Accel Partners and others.
