YeePay Named a China Internet 100 and Innovator 50 Company

    BEIJING, April 30 /Xinhua-PRNewswire/ -- YeePay, a leading provider of
 integrated e-payment services in China, was named a China Internet 100 and
 Innovator 50 Company in the recently released China Internet Survey Report
 2007 (Internet Guide 2007) by China Internet Society. The designation
 recognizes the most innovative and influential Internet companies in China.
 YeePay was the only payment service provider selected as an Innovator 50
 Company. This is the second time that YeePay was named an Innovator 50
 Company.
     (Logo: http://www.newscom.com/cgi-bin/prnh/20051211/CNM005 )
     China Internet Survey is by far the largest and most authoritative
 research on China's Internet market. It was organized by China Internet
 Society and conducted by DCCI (Data Center of the China Internet). The
 Survey first started in 2004 and is conducted annually. The 2006-2007
 survey project lasted for six months, with the participation of more than
 900 Internet companies and 80684 users, the project committee also held 36
 workshops. The Innovator 50 were nominated by a special committee of 200
 experts, based on criteria such as product, technology, management,
 operation, service and overall innovation.
     YeePay is widely recognized as the innovator who first introduced
 telephone payment and integrated payment solution. YeePay's payment
 platform not only allows users to make online payments easily and securely,
 but also supports offline payment channels including telephone and mobile.
 This integrated online/offline approach fits well with China's market
 environment as the mobile/telephone user base is significantly larger than
 the Internet user base. On the other hand, a vast number of small to medium
 size businesses sell through telephone and do not have online presence,
 therefore they cannot process online payments, but still have a demand to
 collect payments remotely. With telephone payment, users can make payments
 over the phone using their bank cards by dialing into telephone banking
 system, turning every phone device into a virtual POS.
     Traditionally the competition in China's market is price driven not
 value driven. But more and more companies start to put an emphasis on
 creating value through innovation. The Innovator 50 recognizes this trend.
     About YeePay
     YeePay is a leading e-payment service provider in China, with a mission
 to provide better e-payment solutions and value-added financial services
 through technology and innovation. Headquartered in Beijing, China, YeePay
 also has branch offices in Shanghai, Guangzhou, Chengdu and Hohhot. As the
 first company in China to provide a single platform integrating both online
 and offline electronic payments, YeePay's innovative solutions enable
 consumers and businesses to make and receive payments over the Internet,
 mobile and telephone securely, conveniently and cost effectively. YeePay
 has formed strategic partnerships with major banks in China. YeePay's
 customers include leading internet companies and ecommerce websites as well
 as many merchants in traditional industries, such as Baidu, TOM Online,
 Shanda, KingSoft, DangDang, eLong, GoMe Electronics and China Unicom.
 YeePay was recognized as the ''Best Payment Platform'' by the China
 eCommerce Association and one of the ''Top 50 Innovators'' by the China
 Internet Society.
     For more information about YeePay, please visit http://www.yeepay.com .
 
 

SOURCE YeePay.com