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Lakala launches new terminal

(China Daily) Updated: 2012-05-31 15:35

China's largest offline e-payment service company, Beijing Lakala Billing Services Co Ltd, introduced a payment terminal on Tuesday for use on mobile phones.

The introduction of the product marked the company's entry into the individual payment industry, according to Sun Taoran, company chairman. Customers can use the terminal for payments on their credit cards, transfer money among accounts and remit money using mobile phones.

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