Saturday, April 16, 2011
TelChina and China Mobile to Create Mobile Payment System
Telnic Limited, the registry operator for the .tel top level domain says 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 payment services.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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According to sources, they intends to simplify the mobile payments market, boosting its advertising business by offering retailers targeted data on their customers, allowing them to tailor specific marketing campaigns and offers to mobile phone owners in and around their stores.
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