GlobeBill Products Will Be Used On IPhone And Android
Online, April 1, 2012 (Newswire.com) - According to the message comes from the Technology Department of GlobeBill, the company will push out a serious of products which can be applied on IPhone, IPod, and the other Android products. At that time, GlobeBill will officially enter the mobile payments industry.
As a nascent payment method, mobile payment can greatly simplify the user's payment process and allow users to pay through the mobile terminal (now mainly refers to the phone) at anytime and anywhere. Given the advantages of its unique style, the major third-party payments companies are optimistic in this area and continue to increase investment to pave the way to seize the market. GlobeBill has been aware of this trend long time ago and its products for IPhone, Ipad and Android have entered into the stage of business development.
On March 27, the Ministry of Industry announced the Electronic Commerce Plan in the "12th Five-Year Development" (hereinafter referred to as the "Plan"). The Plan clearly stated China's e-commerce development goals in the "12th Five-Year" period: a quadrupling of the amount of e-commerce transactions to exceed 18 trillion Yuan and in 2015, the number of users of mobile e-commerce and the volume of transaction E-commerce should achieve the world's leading status. The introduction of the plan is a good reminder of the importance of national mobile e-commerce and it also provides policy support for the rapid development of mobile payment services.
A recently released report from Analysis International shows that in 2011 the mobile payment market in China has undergone a rapid development and its annual transaction volume has reached 74.2 billion Yuan, an increase of 67.8% Y-O-Y and was expected to maintain a rapid development. Till the year of 2014, the transaction volume is expected to reach 385 billion.
All in all, though the mobile payment market is attractive, there still exist potential risks. As a responsible third payment company, GlobeBill will continue to put forward more safe and convenience mobile payment products to provide guarantee for customer's payment and consumption.