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China - China Unicom, China Mobile develop mobile payment systems.
(From RDSL Asia/Africa)
Since January 2004, Chinese cellular service giants China Unicom Group and China Mobile Communications, along with several start-ups, have developed systems to link peoples mobile phones to their bank accounts, enabling bills to be paid, reports the Wall Street Journal. If the cellular firms can make bill payments via mobile phone easy and appealing, they could drive China to launching high-tech payments for a range of products and services, including electricity …
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