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Maverick China Payment Profiles - UMPay, Standing on the Shoulders of Giants

Published Date: August 2007
Published By: Maverick China Research
Page Count: 24
Order Code: R765-8
 
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Founded in 2003, Union Mobile Pay (UMPay) is a joint-venture between China Mobile, the world’s largest mobile operator, and China UnionPay, China’s only inter-bank fund-transfer network. Focused on mobile payments and with the support of these two industry giants UMPay has direct access to capital and technology resources to grow its business in China’s nascent payment market.
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