99Bill and Netease (NTES) have reached an agreement to jointly establish an online Netease prepaid card payment platform.
Under the agreement, 99Bill launched the new online payment service to let the Netease's prepaid online game card
users to pay for the third party online products and services, and enable the Internet and wireless service providers to accept the prepaid card payment online.
Netease has established nationwide distribution channels in more than 100 cities in China for selling online game prepaid card to game users, and the prepaid card has become the well adopted form of payment for the online game services.
With 99Bill's new payment services, Netease prepaid card users will be able to purchase and pay for products and services offered by third party providers, in addition to Netease products and services.
By leveraging 99Bill's online payment platform, any internet and wireless service providers will be able to accept Netease prepaid card as a cost-effective form of payment, and get instant access to tens of millions of prepaid card users across the country as potential customers.