Online Payment Systems in China - The New Market for High Competition in the E-Commerce Industry.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c31183) has announced the addition of China's Online Payment and Mobile Payment Development Study in 2005 to their offering. In recent years, along with the rapid development of internet and mobile network, various e-commerce are emerging in multitude, making people's life convenient and abundant. Online payment and mobile payment which improve and develop e-commerce gradually become the main payment modes of e-commerce. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. CNNIC CNNIC China Internet Network Information Center CNNIC China Network Information Center , in 2004 online payment and mobile payment occupied 43.5% of online shopping in China. In China, online payment began to rise since the beginning of 1990s. Currently, online payment has become the new competition hot spot of e-commerce market. Besides banks, there are about over 20 mature third party payment companies in China, however, among which no one can own an obvious advantage. According to business mode, online payment can be divided into prepayment, agency payment, online bank payment and online platform payment. Third party payment which can prevent the cheat in the process of electronic trade has become the mainstream of online payment. The domestic online payment is mainly established on the debit card 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. system, therefore, the payment risk problem can be controlled effectively. But in the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified" meantime, meanwhile the profit of domestic payment service is also quite low, only taking 0.5%of the total volume. Nowadays, handset begins to replace cash and credit card in the payment of some shops, therefore the industrialization industrialization Process of converting to a socioeconomic order in which industry is dominant. The changes that took place in Britain during the Industrial Revolution of the late 18th and 19th century led the way for the early industrializing nations of western Europe and of mobile payment application emerges accordingly. Recently, the volume of circulation of bank card and handset users have separately amounted to over 0.76 billion and over 0.3 billion, providing great business potential for the development of mobile payment industry in China. Along with the popularization pop·u·lar·ize tr.v. pop·u·lar·ized, pop·u·lar·iz·ing, pop·u·lar·iz·es 1. To make popular: A famous dancer popularized the new hairstyle. 2. of mobile content and application charge, based on SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. , mobile payment has been accepted gradually, owing wide customer base. But meanwhile, the in-depth application of mobile payment is still in the market cultivation stage. Currently, there are five access methods of mobile payment: STK; IVR (Interactive Voice Response) An automated telephone information system that speaks to the caller with a combination of fixed voice menus and data extracted from databases in real time. (Interactive Voice Response); USSD (Unstructured Supplementary Service Data) A messaging function in GSM cellphones. Unlike regular text messages, USSD messages travel over GSM signaling channels and are used to query information and trigger services. See CAMEL. ; WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. and WWW WWW or W3: see World Wide Web. (World Wide Web) The common host name for a Web server. The "www-dot" prefix on Web addresses is widely used to provide a recognizable way of identifying a Web site. . At present, the main methods are IVR, STK and WWW. There are four varieties of mobile payment business mode: mobile paying service, mobile wallet service, mobile banking service and mobile credit platform. At present, the first three have been realized application. According to the different leading roles of industrial chain, mobile payment industrial chain can be divided into three categories: mobile operators-based industrial chain, bank-based industrial chain and mobile payment operator-based industrial chain. The cooperation of mobile operator and banks with the charge of mobile payment platform by professional company, can avoid the congenital obstacle in the fields of informational security, product development, resource share etc when third party payment platform provider is taking part in. Also it can realize the share and management of financial information service as well as intermediate business of bank, and satisfy users' requirements towards mobile payment service, information security. Therefore this is the most suitable business mode for development of mobile payment industry in China Research Focus: --Online/mobile payment varieties and flows --Development and future trend of global and domestic mobile/online payment market --Positive and negative factors of mobile/online payment development in China --Online/mobile payment industrial chains in China --Domestic main online/mobile payment business, flow and charge --Providers of main payment system Topics Covered --Chapter One: Introduction of Mobile/Online Payment Industry --Chapter Two: Mobile/Online Payment Varieties and Business Flows --Chapter Three: Mobile/Online Payment Market Development --Chapter Four: Macro Environment of Mobile Payment Market in China --Chapter Five: Industrial Chain Analysis of Mobile/Online Payment in China --Chapter Six: Mobile Operators and Mobile Payment --Chapter Seven: Main Domestic Mobile/Online Payment Providers --Chapter Eight: Foreign Mobile Payment Providers --Chapter Nine: Conclusion --Selected figures and tables Companies Mentioned - Beijing Union Mobile Pay Co., Ltd. - Tecom Asia - China Dotman Co., Ltd. - Golden China Co., Ltd. - Shanghai Smartpay Jieyin Co., Ltd. - Yeepay Co., Ltd - LianLongBoTong Co., Ltd.- Zhejiang Alipay Co., Ltd - Capital Information Development Company - Universal iPayment China Co., Ltd. - Beijing Cloudnet Internet Co., Ltd. - E.T Information Power Co., Ltd. - Suntek Technology Co., Ltd. - Bewinner Communcation - Unisphere Networks - LianLongBoTong Co., Ltd. - Mobipay - Simpay - PayBox - NTT DoCoMo - SK Telecom - KTF KTF Korea Telecom Freetel KTF Keep The Faith KTF Keeping the Faith KTF Kauai Test Facility (Sandia National Laboratories, US) KTF Kemisk-Tekniska Leverantörförbundet (Swedish union of chemical technical suppliers) - IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) - Nokia - HP - Ericsson - Frontline Technologies (China) Co., Ltd. - Motorola For more information visit http://www.researchandmarkets.com/reports/c31183. |
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