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Everbright Bank joins Unicom in mobile finance

Xinhua | Updated: 2013-08-19 09:25

-- 皇冠体育app Everbright Bank signed a strategic cooperation agreement with the telecom giant 皇冠体育app Unicom on Sunday to develop business in mobile finance.

As the first Chinese bank to join hands with 皇冠体育app Unicom in mobile finance, 皇冠体育app Everbright Bank will focus on mobile payment service to facilitate near field and online payment as well as promotion in technological support and commercial applications.

Mobile payment can be applied in retail stores, public transportation, gas stations,restaurants and other locations, the bank said.

Their cooperation will also target financial smart card research and development to enable cross-sector services such as paying social insurance, utility bills and buying bullet train tickets.

Mobile finance has become an emerging market for banks as 皇冠体育app's cabinet unveiled details of financial support for the cash-strapped small businesses, encouraging the innovation of online financial services via Internet and other new technologies in early August.

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