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Comment on Sina Released Credit Payment Service, Eyeing Mobile Payments by China Consumer Giant Alibaba Unveils Credit Service 'Just Spend' - TechNode
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Comments for TechNode
Sina released the credit payment service, named Xinyongbao, we reported earlier.
The service is targeted at mobile payments for virtual sales including in-game payments, mobile reading, mobile videos and so on, according to Sina VP Liu Wei.
Nowadays a large number of mobile payments are still through carrier billing and increasing more with emerging digital payments services such as Alipay.
To make payments for mobile games and other paid services more convenient, Tencent is encouraging users to bundle their accounts to its own payments services including Tenpay and WeChat Payment.
A couple of other Chinese payments services offer credit payments too, such as mo9 which currently only support games.
['payments'
'sina'
'eyeing'
'mobile'
'released'
'games'
'credit'
'service'
'technode'
'xinyongbao'
'services'
'weibo'
'payment']