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UMPay Reaped Several Awards in Market Survey Project Organized by Committee of Mobile Payments of the Payment & Clearing Association of China (PCAC)
2013-11-26

In the market survey project "Seeking Ways to Steady Development" recently organized by the Committee of Mobile Payments of the Payment & Clearing Association of China (PCAC), Union Mobile Pay reaped several awards, including "Best Organization", "Best Case Study", "Best Member Organization" and "Outstanding Individual Performance". The awards, given in recognition of the UMPay's consistent efforts in payment innovations, active service development and long-term participation in PCAC activities, testified to the extensive recognition the company receives within PCAC and the industry in its role of Deputy Director of the Committee of Mobile Payments of PCAC.
Recently, by a cooperation entered into between China’s leading third party payment service provider UMPay and Dianping, Dianping’s mobile client “Dianping Group Buying”(“Dazhong Dianping Tuan”)now allows full access to U-Payment, UMPay’s integrated payment platform. Using the “Dianping Group Buying” client, users can buy a variety of products offering group buying deals and pay directly with bank cards.


In 2013, the Committee of Mobile Payments of the Payment & Clearing Association of China (PCAC) (hereinafter referred to as the "Committee") initiated the market survey project "Seeking Ways to Steady Development". Six research reports and thirteen industry application case studies were submitted to the project by PCAC member organizations and carefully reviewed by the PCAC Secretariat and the Committee, and eventually 20 member organizations and 29 individuals were awarded for outstanding performance. As team leader, UMPay led five companies consisted of China Minsheng Banking Corp. Ltd., Postal Savings Bank of China, 99 Bill Corporation, China Mobile Group E-Commerce Co., Ltd. and PayEase Technology in the development of the "Online Survey Report: the Use of Mobile Internet Payment by Individual Users", whose quality of research led the company to win, along with the Agricultural Bank of China, the "Best Organization" award. UMPay also came to win the "Best Case Study" award with its case study "Customized Mobile Internet Payment Solution for Group Buy Industry", alongside the Agricultural Bank of China, Bank of Communications, China Merchants Bank, Postal Savings Bank of China, UnionPay, 99 Bill Corporation, Qiandai (Beijing) Information Technology Co. Ltd, China Mobile Group E-Commerce Co., Ltd., China Telecom Bestpay E-Commerce Co., Ltd., SmartPay Jieyin Limited and International Payment Solutions Limited; and the "Best Member Organization" award, alongside the Bank of Communications, Postal Savings Bank of China, UnionPay, 99 Bill Corporation, China Mobile Group E-Commerce Co., Ltd. and China Telecom Bestpay E-Commerce Co., Ltd.; UMPay's ZHU Yu, LIU Xiaodong, ZHAI Wei and WANG Yibo also received the "Outstanding Individual Performance" award. 

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