Sunday, May 9, 2010

CUP and mobile telecom operators made to pay stirred capital pool power

do not need bus or metro card wallet, only through the "brush" mobile phone will be able to achieve small debit card, credit card payment function. Shanghai World Expo opening draws near, take the opportunity to promote mobile phone payment service, has been in the industry interpreted as a "Business Breakthrough\Carried out in the mobile phone to pay at the same time, while also actually running CUP. It is understood that in mid-March, the concept has been placid, mobile payment has become a hot spot capital market speculation.


stake in Shanghai Pudong Development move intended to break through


It is understood that the mobile phone payment service has been launched 6 years, but this has not been plain sailing. While the business development in China road twists and turns, but this year, Shanghai Pudong Development Bank China Mobile stake in mobile payment business seems to be a landmark event in the further development.


some analysts said, after BCT, various telecom operators and banks in the mobile payment business promotion is not successful, due to an existing credit card and banking conflict of interest such as business, bank support for not. "Mobile payment involves small payments, and banks have little to do, not monetary policy is also violated, but if it is large to pay, then the platform started to rely on banks." Letter of the securities on the electronics industry, said researcher Li Zhi.


and move to Pudong Development Bank shares can solve this problem, China Mobile announced a share subscription agreement shows Shanghai Pudong Development Bank China Mobile shares subscribed by the Guangdong Mobile in cash upon closing, Guangdong Mobile will be paid on the value of its internal resources. Moving announcement also revealed that China Mobile and Guangdong Mobile and Pudong Development also signed the same day exhibition MOU, signed a strategic cooperation under the memorandum, both sides intend to jointly develop mobile financial services and mobile e-commerce started to work closely in areas such as mobile payments are not limited to cooperation business, mobile banking card business, mobile transfer services, and other forms of mobile financial services and mobile commerce.


"business development in the mobile payment in Japan is more mature, dominant, carriers will be acquired early in banking, followed by business through the acquisition of shares in the network structure, better integration of resources completed . "Mr Lee said, Japan and China in fact is in accordance with the mode of development.


Orient Securities analyst Zhou Jun, a senior communications industry that, in 2010 in mobile phone payment service will include the Group KPI evaluation system, focusing on promotion, in recent years included in the Group's operations are to achieve KPI extraordinary development reference to this development model, that the mobile payment service users to achieve explosive growth this year, users will reach 10 million.

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