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TelChina and China Mobile to build mobile payment solution with .tel

Telnic Limited the registry operator for the .tel top level domain (TLD), today announced that its regional partner TelChina
and  China  Mobile  one  of  the  world's  largest  mobile  phone companies,  have  entered  into  a  strategic  relationship  to  develop  Mobile‐Pay  services  on  the  .tel platform. 
Lucy  Wang,  CEO  of  TelChina,  said:  “As  .tel  combines  advantages  of  both  the  Internet  and telecommunications, it will be able to provide an efficient and integrated communications platform for customers  of  China  Mobile  in  the  future.  The  engagement  levels  of  .tel  owners  will  also  bring  new
vitality to Mobile‐Pay, attracting more people to use their mobile phones in making payments, which in turn will increase revenues for operators.”
Project  development  will  be  divided  into  several  phases.  The  first  phase  is  expected  to  be  live  in early May,  which  will  enable  China  Mobile  customers  to  purchase  and  renew  their  .tel  names  via  a Mobile-Pay  portal  using  their  mobile  devices.  Following  the  implementation  of  the  mobile  payment solution, users will also be able to use their China Mobile credits to pay in part or full for their .tel names later this year.
Mr. Xie Gang, China Mobile's Mobile‐Pay spokes person said: “Mobile‐Pay is migrating from its 1.0 era, which is mainly based on SMS, to its 2.0 era, which is based on WAP and sensor‐based terminals.  This collaboration with TelChina will not only help customers simplify the payment process, but also provide
an  optimized  platform  for  China  Mobile  services.   On  this  platform,  users  will  not  have  to  log  on  to various websites for payment, but accomplish it through the clicking of a Mobile‐Pay link on a .tel page.”
China Mobile will also create a dedicated channel for .tel users to easily pay for online purchases and paying  for  utility  bills  and  cable  TV  subscriptions.  As  a  key  e-commerce  project  supported  by  the country,  China  Mobile’s  Mobile‐Pay  enjoys  a  unique  advantage.  Utilizing  China  Mobile’s  PSTN  and  IP network,  through  web,  SMS,  WAP  and  IVR  interfaces,  users  can  fulfill  e‐commerce  operation  such  as opening  an  account,  checking  their  balance,  submitting  payments  and  withdrawing  cash,  without queuing in line at a counter and filling in complex paperwork.


Follow these links for more information about .tel domain registration or to register .tel domains.


              

 
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