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Article: CHINA UNICOM TO LAUNCH MICROPAYMENT PHONES IN SHANGHAI

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AsiaInfo Services
Article date:
September 10, 2009
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AsiaInfo Services
09-10-2009
China Unicom to Launch Micropayment Phones in Shanghai

SHANGHAI, Sep 10, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Unicom (Hong Kong) Ltd. (SEHK: 0762 and NYSE: CHU) plans to launch its 2G cellphones with wireless micropayment cards in Shanghai in the week ending September 20, 2009, announced the Chinese mobile operator's local branch.

Users of such cellphones can pay for bus, subway, and ferry services by keeping the products close to card readers. Besides, the users are predicted to use their cellphones to check micropayment accounts as well as fill the accounts when the savings run out.

Similar to ordinary cellphones in appearance, China Unicom's ...

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