21 October 2017
visit www.atos.net

ICBC and 99Bill team for e-payments venture

06 July 2006  |  3923 views  |  0 Tablet Computer Screen

The Industrial & Commercial Bank of China (ICBC) is joining forces with Beijing-based e-payments firm 99Bill Corporation to launch a new phone-based payment service for Internet shoppers.

99Bill provides e-mail and mobile phone number-based online payment services.

Under the agreement the bank will team with 99bill to provide phone-based payment services to Internet users. To complete an online transaction, users will only need to access ICBC's '95588' payment services certified with an integration code.

99Bill says the deal will make it possible for users to make purchases and handle payment without logging on to the Internet.

Oliver Kwan, CEO of 99Bill says 99bill has clocked up over five million users since it was established in the first half of 2005, and inked 30 partnership deals with banks, Web sites and enterprises in China.
KeywordsE-COMMERCE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

ICBC selects Datacard technology for EMV card issuing project

ICBC selects Datacard technology for EMV card issuing project

13 April 2006  |  7283 views  |  0 comments
Axalto wins China EMV card deal

Axalto wins China EMV card deal

05 January 2006  |  7442 views  |  0 comments
ICBC implements PacificNet IVR platform for telephone banking

ICBC implements PacificNet IVR platform for telephone banking

30 November 2005  |  5541 views  |  0 comments
ICBC to install 1000 Diebold ATMs

ICBC to install 1000 Diebold ATMs

21 November 2003  |  4550 views  |  0 comments
ICBC to switch ATM network to NCR's Aptra Edge

ICBC to switch ATM network to NCR's Aptra Edge

06 November 2003  |  4560 views  |  0 comments
Misys wins ICBC banking hub contract

Misys wins ICBC banking hub contract

27 May 2003  |  4617 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
9154 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8741 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7858 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7351 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6967 views comments | 14 tweets | 23 linkedin

Featured job

Find your next job