99Bill Settles Deal For Online Payment
October 31, 2007 |
Print
|
Email
| Category: Internet
Chinese online payment provider 99Bill has formed a strategic alliance with Chinese gaming firm Perfect World Network to jointly promote online game and online payment markets.
Under the agreement, 99Bill will provide PW Network with integrated B2B and B2C payment solutions covering debit cards, credit cards and prepaid refilling cards to all game titles, including Zhu Xian, Legend of Martial Arts, Perfect World and Perfect World II.
China's online gaming industry is expected to generate CNY9.7 billion this year, making it one of the world's most lucrative markets. Yet, home-grown online games account for only 10 percent of the total games available in the country. The alliance between 99Bill and Perfect World comes at a time when the government is providing a strong backing to home-grown games.
"Online payment is gaining significant momentum in the gaming industry. It is not only improving user experience, but also significantly cutting transaction costs," said Oliver Kwan, CEO of 99Bill.
Join our China Tech Forum to discuss many more topics!
Leave A Comment:
-
Business
-
Commentary
- Focusing On The Bigger Picture With China's Green Dam Security Software
- Chinese Mobile Phones Lacking IMEI Numbers Face Death In India
- What Is China's Internet Marketing Outlook For 2009?
- China's Baidu.com: Drugged And Screaming For Better Management
- Benchmarks For Corporate Computer Efficiency In China
-
Computing
- Green Computers Donated To Chinese Schools
- MIIT: Installation Of Green Dam Can Be Delayed For Unprepared Manufacturers
- China Plans To Pre-install Software For Preventing Viewing Of Pornographic Websites
- Hasee To Set Up R&D Center In Taiwan
- Into Africa: China Great Wall Computer Arranges JV In Algeria
-
Gadgets & Electronics
-
Internet
-
Law & Policy
- MIIT: Installation Of Green Dam Can Be Delayed For Unprepared Manufacturers
- Campaign Launched Against Chinese Internet "Cultural Irregularities"
- China Implements Stricter Management Of Virtual Currency
- "Sex" Will Be Taboo On Chinese Internet From July 1
- Sogou Sues Tencent Over Unfair Competition In China



































