SHANGHAI, May 14 /Xinhua-PRNewswire/ -- SmartPay Jieyin Ltd. ("SmartPay") has been named as one of China's "Cool Companies for 2007" in the April 2007 Edition of Fortune Magazine, China Edition. The magazine profiled 14 emerging leaders in new media, telecommunications and electronic commerce services. SmartPay was featured as the emerging mobile payments leader.
SmartPay has succeeded in exploring various payment services with its creative, value added wireless and fixed line payment solution. Services launched involve airline ticketing, lottery, utility bills, mobile phone top-up and digital cards retailing. Now SmartPay has centralized the various payment services in one convenient portal, http://www.172.com , which is more available for SmartPay users, merchants, banks and agents in China. In addition, SmartPay has built the most extensive network of banks and telecom operators to enhance its new electronic payment platform.
Greg Shen, CEO of SmartPay commented, "Mobile payment is in the primary stage in China, but it is foreseeable that mobile payment solutions will be used far more extensive than people imagine today, providing a huge market for growth. SmartPay's continuously works to redefine traditional payment solutions for merchants and their customers.
About SmartPay
SmartPay provides remote payment services in China under the brand name "Jieyin". Chinese consumers and intermediaries utilize SmartPay Jieyin for the payment of mobile, utility, travel-related and other payments. SmartPay continues to launch additional payment services under the "Jieyin" brand name. Investors in SmartPay include RRE Ventures ( http://ww.rre.com ) , Evolution Capital, Lunar Group Capital, Accel Partners and others.
