The second largest mobile operator in China continues toseek ways to tap into the mobile banking/payments market in China. It has justsigned up a major bank in China as a partner in order to market its mobilebanking/payments services to the customers of the third largest bank in Chinaby market value.
China Unicom has signed a strategic partnership agreementwith Agricultural Bank of China (ABC). The deal is expected to see the bank andthe mobile operator working together to introduce a wide range of new servicesto ABC’s customers including personal financial services, e-commerce, mobilebanking and mobile payments.
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