Business Intelligence on Retailing, Franchising, and Consumerism in China

China Mobile Tries Wireless Phone Payment Service

China Mobile has formally launched a B2C payment service with Guangzhou as one of its pilot cities.

China Mobile's B2C service, which is called "Mobile Audio, Video, Books and Publication Club", is currently run on a trial basis in Guangdong and Hubei by a company called Yi Xun and China Mobile plans to bring it to Hunan, Shanghai, Jilin, Tianjin, Zhejiang and Liaoning in the future.

Users of China Mobile's Gotone service can apply for the service by sending a short message before they pay for the goods purchased from MAVBP with their mobile phone. However currently the maximum payment users can fulfill via their mobile phones each month is RMB150.

China Mobile tried mobile phone payments previously, but it halted the service because of worries that it would then be subject to rules governing the Chinese financial sector. But China Mobile has found a solution for the small denominations of payments made via MAVBP because each user's order is like a special purchase received on its Monternet and it can charge the users in the same way it charges service providers.

Be the first to comment on "China Mobile Tries Wireless Phone Payment Service"

Leave a comment

Your email address will not be published.


  Other China News

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco