Wednesday, April 22, 2009

Baidu online pay system in tie up with one more bank, an online payment platform under
Baidu, inked a cooperation agreement with China
Everbright Bank, enabling its registered users to
recharge accounts and make payment at outlets
of the Beijing-headquartered lender. Thus far, partnerships with 17 banks,
such as Industrial and Commercial Bank of China,
Agricultural Bank of China, China Merchants Bank,
China Construction Bank, China CITIC Bank,
Bank of Communications, Postal Savings Bank of China,
Industrial Bank, and China Minsheng Banking. Since
its inception, has been gaining a robust
growth in registered users. Thanks to a promotional
activity in recent days, the number of its daily
registration jumped nearly 20%. Now, the online
payment tool is popular with more users.

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