A Golden Age for Mobile Online Payment- News from GlobeBill

The Combination of mobile and the Internet has brought a revolutionary change which not only lies in the payment industrial chain, but also in phone manufacturers.

The Combination of mobile and the Internet has brought a revolutionary change which not only lies in the payment industrial chain, but also in phone manufacturers. Many flip phones have closed down, and smart mobile phone manufacturers were quick to rise. Industrial chain becomes more complex, various forces in the game become even more tangled. More importantly, people's lifestyle and spending habits have changed dramatically from Entertainment, social learning, work to business, travel, pay, etc.

Some rather scientific fiction scene becomes reality. For example, by the location based services (LBS), one can find a friend within the distance of 100 meters. One can also find restaurants, entertainment facilities, and even hair courier near one's present location

According to the data released by the China Internet Network Information Center on November 2011, china's netizen has reached 505 million and its Internet penetration rate is 37.7%. the data also showed a rapid growth in the Chinese mobile phone users as well as a large area of smart mobile phones, network 3G and WIFI popularity of mobile Internet tariff. With Chinese Mobile application downloads grow rapidly , China has become the world's second largest mobile applications market. Many netizens are looking forward to the mobile payment in 2012.

Online banking still occupies a foremost position, however, with the promotion of mobile payment, its technology and security continue to improve and perfect. The wide acceptation of third party payment has also brought a wide development space. Some third party payment company has kept on broadening its range of service through some methods i.e. the promotion in quick payment services and payment products innovation and so on. As a company with years of experience in risk control and obtained payment license, the GlobeBill (www.globebill.com) will provide safe, convenient and efficient mobile payment products, and it also can provide consumer with the most powerful protection.

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