China’s GemPay Signs Up Globebill, IGXE, UBM China,

Despite bitcoin’s fall in value, China-based bitcoin payment solutions provider GemPay, formerly known as BlockPay, has been signing up new partners.

The company revealed revealed yesterday that it had formed a strategic partnership at the end of 2014 with Hong Kong based international payment solutions provider Globebill.

GemPay CEO Hitters Xu commented regarding the partnership

This is a win-win cooperation. Globebill will introduce GemPay to a large consumer base, GemPay will help Globebill add more payment options.

The intergration of GemPay into Globebill’s payment services is still in the development stage. Currently, Globebill offers e-wallets from Russia payment service providers QIWI, Yandex.Money and Webmoney.

Zheng Huadong, Globebill’s vice president, commented:

Globebill, as China’s leader in cross-border payments, has been concerned about the latest developments in the global payments industry, and for the payment of such emerging Bitcoin digital currency, also maintained great concern. Now working together with China’s leading Bitcoin payment platform GemPay, we hope to bring to the global audience a better, newer, more diversified payment experience.

Xu noted:

This partnership is for GemPay a major strategic cooperation for consumer digital payments .GemPay is committed to digital payments with Bitcoin and other encrypted electronic money, and using it as the basis for future digital consumer behaviour. This cooperation with Globebill is a good start, and we continue to push more e-commerce, online games and other digital consumer cooperation.

Gempay also announced to the Chinese press last week its signing up of online gaming exchange IGXE, conference and exhibition organizer UBM China, and China-based international electronic products vendor to offer bitcoin payments.

Journalist, policy analyst, and evangelist of new, disruptive technologies including big data analytics, Internet of Things, and cryptocurrencies. Internet industry veteran with regional c-suite experience, and journalist credentials earned at, Internet World magazine, and Mecklermedia Corporation.
Free AllCoinsNews Email Updates
Get the latest cryptotoken market news and blockchain developments!
We respect your privacy.