You Can Make Online Payment So Long As You Have An Email Address
99Bill Leads the Independent Third-party Electronic Payment Market
You can make online payment so long as you have an email address, which is a unique payment service offered by 99Bill (www.99bill.com), the first company in China offering email and mobile phone number based online payment platform and services. Featuring convenience, high efficiency and security, it stands out among other online payment instruments and is being more and more popularized and applied in the market.
According to a latest survey by iResearch, the payment market is estimated to value CNY33 billion in 2006, with the number of online payment users expected to reach 55 million. Evidences show that the eye-catching online payment market is approaching its prime time. In the mean time, "online shopping"supported by "online payment?is ushering in a third wave growth in the Internet economy.
As a third-party payment platform, 99Bill has developed 8 million subscribers in just one year's operation, a mouthwatering performance that keeps 99Bill clearheaded. As expressed by Mr. Guan Guoguang, CEO of 99Bill, the coming year is crucial to the market competition, and 99Bill is confident to face any challenge.
At present, domestic online payment enterprises fall into three major categories: one is gateway payment service dominated by the five largest commercial banks in China, such as the UnionPay; another is payment instrument based on large B2C and C2C websites; and the third is the third-party payment platform represented by 99Bill, which is featured by diversified payment instruments, including online payment, telephone payment, and mobile payment.
According to some experts, it is the development of independent third-party payment platform that actually facilitates the popularization of electronic payment, while online payment development depends mainly on its credit and Internet users?trust in the payment platform.
Guan Guoguang pointed out that a subtly complementary relationship has been formed between independent third party payment platforms and commercial banks. 99Bill is exactly such a platform, which provides comprehensive, safe, convenient and economy-effective services to various e-business websites as well as individuals. And this is becoming the leading pattern of online payment in the e-business era.
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