To help meet rising consumer demand in China, payment-services provider 99Bill Corp. has upgraded its 99Bill+ payment platform to additionally support payments initiated with tablets and smartphones.
The new platform also now supports online-banking payments, the Beijing-based company announced Sept. 6.
With the growth of third generation mobile data services, more consumers are conducting e-commerce with smartphones, so 99Bill upgraded its platform to support a new mobile-payment ecosystem of partners, merchants and users, the company said in a press release.
99Bill has more than 80 banking and financial-institution partners and 1.1 million merchant partners in China that span 20 industries, including travel, insurance, online shopping, logistics and education.
The company on Sept. 6 also announced plans to launch soon a mobile-payment point-of-sale product for small and midsize businesses The product, which supports multiple operating systems, turns users’ mobile phones into portable POS devices. Specific details were not available.
Sellers may use the product for remote payments, mobile receipt of incoming funds, management of incoming funds and person-to-person funds transfers, the release said.
The company declined to release any additional information on either product.
As of the end of July, 99Bill says it had 103 million registered users signed up for its payment platform.
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