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New Report Investigates Yeepay's Three Payment Channels, As Well As Its Services, Investors and Partners, and Prospects for Growth in China's Payment Industry.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles.  -- Research and Markets (http://www.researchandmarkets.com/reports/c72004) has announced the addition of China Third Party Payment Profile: YeePay - Back to Basics with Telephone Payments to their offering.

In a market where most other third-party payment companies focus on online or mobile-based platforms, YeePay has instead focused on telephone payments. Yeepay management believes that going "back to the basics" with telephone payments will better encourage Chinese Chinese, subfamily of the Sino-Tibetan family of languages (see Sino-Tibetan languages), which is also sometimes grouped with the Tai, or Thai, languages in a Sinitic subfamily of the Sino-Tibetan language stock.  users to acquire the habit to make payments through third-party payment companies rather than with cash. Yeepay also offers online payment and mobile payment services which are additional payment channels with which the company will rely on for future growth.

This report investigates Yeepay's three payment channels, as well as its services, investors and partners, and prospects for growth in China's payment industry.

Key Findings:

- YeePay focuses on IVR-based telephone payments and has an integrated solution with four of China's main banks.

- The company offers payment services via three different payment channels - telephone, online, and mobile.

- YeePay has replaced PayPal A Web payment processing service founded in 1998 and acquired by eBay in late 2002. Operating as an independent brand, PayPal, San Jose, CA (www.paypal.com) is used to shop at PayPal-enabled retail sites as well as to send or request money from anyone with an e-mail address.  China as Eachnet's exclusive payments provider.

- The management team has strong ties to the wireless industry in both China and in the Silicon Valley.

Quick Facts:

Headquarters: Beijing

Service Channels: Telephone, Online, and Mobile Payment

Service Coverage: China -- Nationwide

Key Investors: Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments. , Intel Capital, MINT mint, in finance
mint, place where legal coinage is manufactured. The name is derived from the temple of Juno Moneta, Rome, where silver coins were made as early as 269 B.C.
 Capital

Website: www.yeepay.com

Contact Info: 3A2 Hanwei Plaza, 7 Guang Hua Road

Chaoyang District Chaoyang District is the name of two districts in China:
  • Chaoyang District, Beijing, a precinct of the capital city
  • Chaoyang District, Changchun, Changchun City in Jilin Province
, Beijing 100004

Tel: +86-10-65610168

Fax:+86-10-65610167

Content Outline:

1 Industry Overview: Key Factors Shaping Third-Party Payments in China

1.1 Continued preference for cash payments, but bank card payments rising

1.2 Credit card use remains low; debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account.  widespread

1.3 Limited coverage of non-cash payment services

1.4 China UnionPay's bank card monopoly

1.5 Quasi-online payment systems an interim solution

1.6 Two ISPs, 162 million Internet users Internet user ninternauta m/f

Internet user Internet ninternaute m/f 
 

1.7 Two mobile operators, 500 million subscribers

1.8 Contactless smartcard use increasing but largely limited to buses and subways

1.9 Government regulations and the "national interest"

2 YeePay - Back to the Basics With Telephone Payments

2.1 Company Overview

2.1.1 Ownership

2.1.2 Organizational Structure This article has no lead section.

To comply with Wikipedia's lead section guidelines, one should be written.
 

2.1.3 Management Team

2.2 Business Performance

2.2.1 Financial Performance

2.2.2 Users

2.3 Services and Channels

2.3.1 Telephone Payment

2.3.2 Online Payment

2.3.3 Mobile Payment

2.3.4 Business and Operation Model

2.4 Markets and User Demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data.  

2.5 Marketing and Branding

2.6 Partnerships

2.6.1 Bank Partners

2.6.2 Merchant Partners

2.6.3 Technology Partners

2.7 Competitive Analysis

2.7.1 Strengths

2.7.2 Weaknesses

2.8 Outlook

List of Figures

Figure 1: Credit cards issued in China and in the US (M)

Figure 2: Internet Users in China, 2001-2006 (M)

Figure 3: Mobile Subscribers in China, 2002-2010F (M)

Figure 4: China government groups involved in third-party payment regulation

Figure 5: YeePay Registered Users, 2006-2007F (M)

Figure 6: YeePay Telephone Payment Partners

Figure 7: YeePay Key Partners and Online Services

Figure 8: YeePay Operation Model

Figure 9: YeePay Fee Structure

Figure 10: YeePay Logo

Figure 11: YeePay Bank Partners

Figure 12: YeePay Key Merchant Partners

For more information visit http://www.researchandmarkets.com/reports/c72004
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 18, 2007
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