GlobeBill Keeps Up With The Plan Of E-commerce

Online, April 8, 2012 (Newswire.com) - The "12th Five-Year Development Plan of E-commerce" issued by Industry and Information Technology Department has highlighted a quadrupling of Chinese e-commerce transaction volume in 2015 to 18 trillion. GlobeBill（www.globebill.com）, as the provider of e-payment and third party payment, will follow the trend of e-commerce development closely. While striving for the realization of e-commerce transactions in 2015, the GlobeBill will continue to innovate and realize their own expansion, and contribute to the plan of 2015.

According to the figures, China's e-commerce industry in the "Eleventh Five-Year" period has maintained a very strong momentum; the transaction volume in 2010 was about 4.5 trillion RMB, accounting for 3.4% of the total retail sales of social consumer goods and the figure will exceed 6.5% in 2013. At the same time, the number of netizen in China will exceed 500 million by the end of 2011, reaching 513 million, a popularizing rate of 38.3%. All of these are gratifying figures. But the data also showed that only 28% of netizens are doing online shopping, it is a low rate compared with the 71 percent in the United States. There is still a long way to go before china's E-commerce catches up with other developed countries.

In order to achieve a good development in the E-commerce industry, the providers need to rely on five most important foundations, that is, electronic authentication, electronic payments, modern logistics, the standard system, and the credit system. Among which, the electronic payments is the most crucial part and will meet many complex challenges. 2011 is a very critical year in electronic payment. In this year, all kinds of specifications will be formulated, three batches of payment of license will be issued, and payment and settlement associations will be established. To keep up pace with time, GlobeBill has successfully got a third-party payment license in the 2011 and became a member of the payment and settlement Association. In the coming year, GlobeBill will focus on creation and continue to optimize their products and provide customers with its best services.