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April 16, the nation’s largest independent third-party payment platform to pay Bao and the new version of e-banking, Bank of China officially announced the co-operation. In future, the Bank of China a new version of Internet banking users can pay to achieve Bao shopping, pay-to-peer network a new life. At this point, including the Bank of China, ICBC, Agricultural Bank of China, Construction Bank, Postal Savings, Bank of the six state-owned banks, 15 national banks, and nearly 40 regional banks are the co-operation with the payment of Po. Email Shao xiao feng, president, commented, AliPay has more than 150 million users through the payment of Po platforms, banks and Po are working together to accelerate the payment of Internet banking, the popularity of online payment business. “For many people, go to the bank fees are a thing of the past in line.”

It is comprehended that the Bank of China Bao-line banking and compensation in addition embraces the support of the loan small discern enterprise concern. Po with the compensation of co-operation with instantaneous effect, customers of Bank of China as long as the unclasping of a new variety of Internet banking services can be concluded through the compensation of Po-line purchasing, tour, online services for instance compensating utilities. Aspects of the Bank of China said that the Bank of China co-operation will highly enhance the customer understanding and captivate more users of the services the Bank of China.

For the compensation of Po, it is in addition a good news. As of the end of March, Bank of China Bank Professional Network has been close to five million users, this objective is to arrive at 10 million. This means that the co-operation with the Bank of China will pay on-line this year, an advance Po of the 10 million capability customers. More meaningfully, online purchasing, web requests for paid job for instance compensation of the incidence of the birth of a large number of the separate someone and the separate someone, between separate people and enterprises, for instance micro-payment wants, the conventional fiscal services have been very arduous to get concurrently the wants of users. Through support with more banks, arising to become the third-party compensation podium to bind users to the conventional fiscal services wants and the best bond between.

“I want to buy things such as, a merchant can not access the network of all banks in the Bank, if the business support network I do not have silver, it will not be able to complete the transaction. But as long as access to pay-bao, I have a bank card can be carried out to pay, that is, I choose to pay the reasons Po. “users who pay for such a senior Po express his views.

Internal web users show bright swift expansion, and private fiscal organisation and e-commerce market heat to accelerate the expansion of the market is intimately connected to extraordinary factors. IResearch study of “2008-2009 China Internet Development Report, the banking industry,” Research presentations that as at the end of last year included by separate someone web users amounted to bright 64,745,000, an advance of 33.7%. As at the end of February this year, AliPay users have arrive at 1.5 billion yuan, turning into the fastest-growing Internet environs of a minimal application.