SmartPay Launches Mobile Airlines Ticketing in Nanjing, Jiangsu Province

SmartPay Launches Mobile Airlines Ticketing in Nanjing, Jiangsu Province

September 20, 2006

-- Partnership Between SmartPay and Nanjing Yinyan Enables Mobile Users to Purchase Airline e-tickets Via SMS and IVR

    SHANGHAI, China, Sept. 20 /Xinhua-PRNewswire/ --
Shanghai SmartPay Jieyin Co., Ltd. ("SmartPay"),
a leader in electronic payment systems, and Nanjing Yinyan
Airlines Services Co., Ltd. ("Yinyan"), the
biggest airline ticketing agent in Nanjing, recently
announced a plan to launch mobile airline ticketing for
customers in Nanjing, Jiangsu Province.  The strategic
cooperation calls for significant build-out of mobile air
ticketing over the coming months.

    SmartPay and Yinyan's service allows customers to
purchase airline e-tickets by sending a simple SMS or IVR
instruction.  With the movement toward nationwide airline
e-ticketing in China, and Yinyan's leadership in Nanjing,
the joint cooperation is a key example of how SmartPay
works with leading merchants to innovate and deliver new
payment methods.

    SmartPay provides mobile payment platform building upon
its extensive network with banks and mobile operators in the
region.  Yinyan processes over RMB 180 million worth of air
tickets annually. SmartPay has also recently announced
cooperation for mobile air ticketing in other key provinces
throughout China, complementing its leadership in other
payments including pre- and post-paid mobile phone bills,
lottery ticketing and utility bill payments.

    About SmartPay Jieyin

    SmartPay is a leader in developing mobile and
phone-based payment systems for Chinese consumers. SmartPay
has built a network of millions of users and key strategic
merchants including telecom operators, utilities, airline
ticketing agencies and lottery agencies, amongst others,
allowing convenient and effective peer to merchant and peer
to peer payments. 

    About Nanjing Yinyan

    Yinyan is the biggest airline-ticketing agent in
Nanjing, which processes ticketing through channels such as
Ctrip, China Telecom 114, a telephone booking system, and
their dealer network.  Compared with same period last year,
its monthly sales have increased consistently, reaching 25%
market share in Nanjing. 

    For more information, please contact:

     Janet Yu
     Shanghai SmartPay Jieyin Co., Ltd.
     Tel:   [phone] x160   
     Email: [e-mail]

SOURCE  Shanghai SmartPay Jieyin Co., Ltd.