Alibaba wants to bring mobile commerce to rural China

China Mobile commerce ticketing payments

Alibaba and China Telecom will release mobile devices designed for online shopping Alibaba, China’s largest e-commerce organization, has partnered with China Telecom in order to expand mobile commerce in rural parts of China. Those living in rural communities do not tend to have access to the mobile devices that are needed to participate in mobile shopping, but this could change due to the new partnership that Alibaba has formed. The company plans to sell inexpensive smartphones in rural areas, hoping to get more people involved in mobile commerce. Devices will…

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Mobile payments receive new framework in China

China Mobile payments technology commerce

People’s Bank of China sets sights on mobile payments The People’s Bank of China, China’s largest telecommunications company, has released new technical standards that are meant to govern the proliferation and support of mobile payments. Mobile commerce has been experiencing strong growth in several Asian markets, with much of this growth taking root in China. A growing number of consumers are becoming comfortable with the idea of mobile payments, leading People’s Bank of China to begin seeking ways to expand mobile commerce services throughout the country. In order to do…

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NFC technology embraced by the mobile industry worldwide

Hong Kong mobile payments

This year, the worldwide adoption of near field communication (NFC) has taken off in the mobile industry, as Google Wallet has made its strong debut and top manufacturers of mobile devices, such as Samsung (Google), Nokia, LG, RIM, and ZTE, have been producing handsets enabled with the technology. In mainland China alone, there are more than 900 users of mobile devices, making it the region with the greatest potential for the future growth of NFC use. Companies that are aiming to connect with NFC suppliers or to research new innovations…

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