Showing posts with label 99Bill. Show all posts
Showing posts with label 99Bill. Show all posts

Monday, April 6, 2009

Booming Prepaid usage in China

This post on PCWorld discusses how payment processing in China is booming during these times of economic hardship. Only 15% of the Chinese population have credit cards, and so prepaid cards have become particularly important for Chinese payment providers. 99Bill, a payment provider, is one of the many that are now riding the e-commerce wave in China. With a huge population that is still unbanked, the opportunity for prepaid card expansion is huge.



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