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New payment Methods for online Shopping in China

Payment ways

Appearing time

Dec.12,2004

Sep.9,2005

Aug.8,2003

Jan.12,2011

Companies

Taobao

Tencent

Yeepay

Tencent

Description

A transfer (中转) station(a third account (账户)between sellers and buyers)

Buyers' money goes directly to the sellers

Ways

Through computers or mobile phones

Mobile phones

The number of cooperative banks

180

5

9

11

The number of users

30,000,000

3,000,000

100,000

30,000,000

1._______are from the same payment service company.

A.Ten pay and WeChat pay B.Yeepay and WeChat pay

C.Alipay and Tenpay D.Tenpay and Yeepay

2.We can use _______to pay for online shopping on the computer.

A.Alipay only B.WeChat pay only

C.the other three ways except WeChat pay D.all the four methods in the form

3.When you buy something on Taobao, the money you pay first goes to_______________.

A.a bank

B.the seller directly

C.the seller's mobile phone

D.a third account between and sellers and buyers

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