China Telecom's Beijing branch has published a report, stating that it will open a mobile phone payment function for its eSurfing 3G users. With this new function, users can inquiry about their bank card balances, pay mobile phone fees, pay credit card bills, and transfer money between bank cards with their mobile phones. They can [...]

China Unicom has reportedly started the public test of its online application store Wostore and the platform will be formally put into operation later this month. With the formal launch of Wostore, China's three major telecom operators will all have their own application stores. At the same time, the online application market will become a [...]

A representative from China Unicom's product innovation department revealed that the operator's mobile phone payment service is undergoing trial use in four cities, including Beijing, Shanghai, Guangzhou, and Chongqing, and the service will be formally put into commercial use in these cities from November 2010. The representative said that China Unicom's mobile phone payment service [...]

The China Telecom Chongqing branch has launched a new mobile payment platform for students, aiming to promote the information development on campuses via the Internet of Things technologies. With this platform, various cards, including student cards, cafeteria cards, and library cards can be integrated into mobile phones to realize real-time management and control as well [...]

China UnionPay has collaborated with commercial banks, mobile communication operators, and mobile phone manufactures for the establishment of the Mobile Payment Industry Alliance in China.
The Mobile Payment Industry Alliance aims to break the barriers in different industries to set up a platform for communication and close coordination for Internet payment services. Parties of the alliance [...]

Guangdong Development Bank and China Unicom have signed a strategic cooperation agreement in Guangzhou to improve the financial information service of the bank.
According to the agreement, China Unicom and Guangdong Development Bank will cooperate in the launch of one-stop information application services, including the establishment of a mobile phone group network, wireless POS, 3G mobile [...]

Chinese telecom operator China Mobile has finally published an official announcement, confirming that it will invest CNY39.8 billion to acquire a 20% stake in Shanghai Pudong Development Bank.
China Mobile Guangdong and SPD Bank have signed an agreement, under which China Mobile Guangdong will conditionally acquire the stake for cash consideration of CNY39.8 billion; while SPD [...]

China Mobile's Beijing branch and the Beijing-based hypermarket retailer Wumart Stores have signed a strategicmore….

China UnionPay and China Unicom have signed an agreement in Beijing to form a strategic [...]

Chinese telecom operator China Telecom has published a report stating that it will recruit core cooperative partners for its online mobile phone application store.
These core cooperative partners are meant to be developers and the company requires its cooperative partners to have high technology development and support ability. Meanwhile, they should have the development capability based [...]

Alipay, the Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has confirmed that after a one-year distribution timeline, its mobile phone payment service will enter an official promotion stage this year.
At present, Alipay has published recruitment information to hire wireless development engineers, including mobile phone product developers, wireless product managers, and wireless system [...]