20 March 2018
visit www.ebaday.com

SmartPay and Fufeitong launch mobile bill payments service in Shanghai

10 November 2005  |  1686 views  |  0 Source: Smartpay Jieyin

Fufeitong Shanghai Co. Ltd. (Fufeitong) and Smartpay Jieyin Ltd. (Smartpay) today announced the joint launch of mobile utility bill payments covering most every utility company and bank in the Shanghai municipal region.

SmartPay will extend utility payments to all mobile phone users in Shanghai by through close cooperation with Fufeitong and its partners as part of a broad strategic partnership.

Any mobile phone or PHS user in Shanghai can register for the service via participating bank hotlines or directly with SmartPay. Once registered, users can pay any utility bill as soon as it's received by sending the bill code by SMS to SmartPay. In addition, users can elect to receive monthly SMS alerts when bills are due, which can then be easily paid by simply replying to the alert. Payment is made by real time debit from the user's bank account to the utility. The service complements online and terminal-based utility bill payments currently offered by Fufeitong, and will shortly be extended to also function through WAP and k-JAVA interfaces over mobile networks.

"The practical application of this service is extremely unique," commented Greg Shen, SmartPay CEO. "As soon as a utility bill arrives, it can be paid instantly by sending a simple SMS from a mobile handset, eliminating the need to pay in person. Bills can also be delivered to customers via SMS as soon as the balance is due for instant payment. The level of convenience afforded to customers and the service's broad reach will clearly encourage rapid uptake in usage."

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
www.currencycloud.comVisit www.facebook.com/business/Visit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
9910 views comments | 29 tweets | 39 linkedin
hands typing furiouslyBitcoin at 50,000 USD?
9843 views 0 | 5 tweets | 3 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
9227 views comments | 10 tweets | 8 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
8451 views comments | 14 tweets | 26 linkedin
Barclays propels Coinbase into Faster PaymentsBarclays propels Coinbase into Faster Paym...
7689 views comments | 15 tweets | 29 linkedin