Chinese third-party payment services provider 99Bill is set to launch its new 99Bill+ payment platform and a new mobile payment product.
The 99Bill+ platform allows clients to integrate new applications aimed at improving user experience and speeding up the growth of their business. Through an open platform, 99Bill+ connects the user's back-end payment system with 99Bill's front-end e-commerce platform.
99Bill has also revealed a new mobile payment product which supports multiple operating systems and turns the user's mobile phone into a portable POS device to carry out remote payment, mobile receipt of incoming funds, management of incoming funds for SMEs and P2P payments. Moreover, 99Bill has released a new form of “mobile payment middleware” which can be integrated into client applications, enabling them to finish the payment on the same interface via which the initial purchase was made.
In recent news, 99Bill has entered strategic agreements with eight Chinese financial institutions, namely China Construction Bank, the Agricultural Bank of China, the Bank of Communications, China Merchant's Bank, the Pudong Development Bank, China Minsheng Bank, the Guangdong Development Bank and the Shanghai Rural Commercial Bank. Under the terms of the deal, 99Bill will provide the banks with e-payment services.