With the development of e-commerce, online payment has gradually become a popular consumer payment methods one mobile terminal credit card processing gateway in the areas of pay, but also greatly promote the development of mobile e-commerce. Analysys International recently released report shows that in 2011 China Mobile to pay the number of users reached 187 million, the transaction amounted to 74.2 billion yuan year-on-year in 2010, an increase of 67.8%.

KPMG, a sample survey shows that 83% of people think With the rapid growth of smart phones, the method of payment will be completely changed within the next four years, through mobile devices, mobile payment will become the mainstream of the global.

However, in the face of a huge market, Guangdong Mobile and fast pay through mobile payment cooperation is still limited to remote payment, that is to allow users to complete the inter-bank transfer, credit card payments, prepaid recharge and other basic functions, not related to mobile phone credit card and other near-field payment. In this regard, the industry believes that this does not exclude that the two sides wait for the mobile payment of national standards the final fall of the set.

Yao Huawei said that the two sides did not choose to up the cover on the whole business, but step by step, the reason is to gradually train the user's perception, from people's daily familiar with the application to do, and then again jump expand.

Guangdong Mobile, said, partners will also explore the multi-win-win road operators, banks, businesses, individuals and third-party payment companies, the introduction of client to pay with mobile communications carrier, voice payment, credit payments, nearly farm payment and other types of payment and e-commerce as a carrier to provide specialized solutions for industrial applications.

Yao Huawei, told reporters that quickly pay through the cooperation and communications companies is not exclusive, does not rule out
online payment solution future cooperation with Telecom, China Unicom and other operators, or carried out in Guangdong, "Recently, there have been other operators to give me a call.