Minsheng/Smartpay Deal - China's Biggest Opportunity?
Philip Lin writes for Pacific Epoch about the recent Smartpay announcement that it would be working with China Minsheng Bank to enable the banks' customers to pay for all sorts of goods and services with SmartPay technology using cellular SMS. Lin concludes "one thing seems likely - the "network effects" in this model will probably drive a "winner takes all" ending. And the winner will be a very valuable company, easily more valuable than any public tech company in China."
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