SmartPay, China Unicom Launch 'China Unicom Mobile Wallet'

Guangdong-based China Unicom users are able to enjoy convenient mobile payment services using Unicom Mobile Wallet after a simple registration process. These services include mobile top-up, payment of utility bills, purchasing of lottery tickets, insurance and other multifunctional services.

Guangdong Unicom users can settle these payments via mobile phones instead of cash and credit cards, anywhere and anytime.

The first highlight of Guangdong Unicom's Mobile Wallet project will be promotions for Mobie Lottery Ticketing in honour of the upcoming Chinese New Year and welcoming of the Year of the Golden Pig. Guangdong Unicom customers can complete the purchase of lottery tickets via SMS, and inquire about prize awards and other up-to-date information.

Guangdong Unicom Mobile Wallet will also be utilized to expand the network of SmartPay Agents in Guangdong Province. SmartPay Agents, through the SmartPay Dealer Program, utilize SmartPay to process top-up, lottery and other transactions on behalf of end consumers.

As the electronic payment platform provider for this cooperation, SmartPay highlighted the strengthened the security of this mobile commerce platform. Since Guangdong Unicom's mobile lottery service will operate independently in a closed system, all of the detailed lottery information is kept in one centralized database, ensuring additional security, exclusivity and authenticity for lottery transactions.

As a leading electronic payment services provider in China, SmartPay has built the most extensive network of banks for mobile, telephone and internet based payments, including 8 headquarters and over 35 branches of China's key banks, including Industrial and Commerce Bank of China (ICBC), China Merchants Bank (CMB), China Construction Bank (CCB), Bank of China (BOC) and others. Meanwhile SmartPay has been at the forefront of promoting mobile and telephone-based applications for consumers and businesses including mobile top-up, payment of utility bills, airline ticketing and other transactions.

SmartPay's user metrics number in the millions of customers, which continues to consolidate the company's leadership position in the electronic payment field.

Greg Shen Guowei, CEO of SmartPay, commented, "Mobile payment in China redefines traditional payment solutions. With the expected launch of 3rd Generation mobile networks and the changing consumption patterns in China, new payment solutions will be gradually accepted by Chinese consumers and usage will continue to increase. In the meantime, SmartPay will develop new payment products to meet different requirements of customers, and create a fun, fashionable and convenient life style."