99BILL CORPORATION CARD READER 99Bill's Mobile phone Card Audience to Allow Large Cellular Transaction in Chinese suppliers. (PRNewsFoto/99Bill Corporation) BEIJING, CHINA
99Bill Organization, China's major digital financial company, announced the official launch of its new mobile payment item 99Bill Card Audience. By simply plugging the tiny 99Bill Card Audience into Mobile phone audio jack, suppliers can take financial institution card and financial institution card expenses on the go, and make more revenue quickly. The trademarked remedy can handle both iOS and Android platforms.
Statistics shows that Chinese suppliers has huge demands for card existing dealings, but still lags behind other markets around the globe where POS gadgets are extremely typical. According to Individuals Bank of Chinese suppliers, the nation had released a complete of nearly 3 billion credit cards by the end of 2011, an improve of 22% from the season before. Meanwhile, there were only 3.18 thousand suppliers using a complete of 4.82 thousand POS gadgets in Chinese suppliers.
The 99Bill Card Audience creates an entirely new card existing payment remedy for suppliers and consumers by tuning smartphones into POS gadgets. According to iResearch, China's major internet-based research firm, there were a complete of 72.1 thousand mobile phones being marketed this season alone, an improve of 103.1% over the season before, and this trend is expected to proceed this season with an estimated 113 thousand being marketed throughout the season. The increasing penetration of cell phones gives 99Bill Card Audience a natural edge in this industry segment.
With 99Bill's trademarked technology, the 99Bill card reader remedy can handle both complete value and signature centered financial institution card dealings. This is especially important in the Chinese suppliers industry, where complete value enabled credit cards are the most typical.
Oliver Kwan, CEO of 99Bill, said, "We always position ourselves as a complete B2B and B2C payment remedy company for company clients. This Card Audience can significantly improve the number of financial institution card acceptance gadgets in Chinese suppliers and give our company clients more choices to take expenses. We will keep introduce more modern payment alternatives that really work, and help our customer grow their company."
The 99Bill Card Audience uses the convenience and ubiquitous nature of cell phones to allow mobile selling for large organizations and face-to-face dealings for small-to-medium size businesses. The first commercial use of such a item in mainland Chinese suppliers, 99Bill has already signed agreements with three insurance providers to support their mobile revenue forces. In China's mobile payment industry, 99Bill has introduced a variety of modern products over times, such as WAP, IVR, and InAPP centered mobile payment solutions.
As China's major company of digital financial solutions, 99Bill provides a complete suite of digital payment alternatives that are actively used in 20 major industries, such as airline, offline and online retail, insurance, education, logistics, etc. In 2011, the company obtained the six payment service licenses from the Individuals Bank of Chinese suppliers, the most of any e-payment company in the industry.