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Red Cross Partners with YeePay on China Snow Disaster Relief
Date:2/4/2008

BEIJING, Feb. 4 /Xinhua-PRNewswire/ -- The Red Cross Society of Beijing has partnered with YeePay, a leading payment service provider in China, to launch online donation service for snow disaster relief. Internet users can now make online donations for snow storm victims in disaster areas. The donation website can be accessed at http://www.yeepay.com/mlove .

(Logo: http://www.newscom.com/cgi-bin/prnh/20051211/CNM005 )

Heavy snow storms have hit eastern, central and southern China since January 10. Worst in half a century, the storms have killed more than 60 people, caused power shortage and billions of dollars in damage. Severe weather has also created transportation crisis as major highways, railroads and airports are closed, leaving millions of travelers stranded. The situation is further worsened by the busiest travel season in China as people head home for the traditional Chinese New Year holiday starting on February 7.

The Red Cross Beijing has setup a hotline for Snow Disaster Relief. People can send cash donations through bank wires. In addition to traditional donation channels, the Red Cross has partnered with YeePay to setup an Internet donation channel to receive online donations. Many of YeePay's partner banks, including ICBC, China Merchants Bank and China Minsheng Bank, also joined the effort to promote Red Cross's donation service on their websites. YeePay also publicizes Red Cross's donation service on its payment gateway, so users will see Red Cross's message when they make payments at any of YeePay's merchant customers' websites. Making a donation is just one more step for YeePay's 10 million users as they already have online payment capabilities, and by working with YeePay, Red Cross can leverage the power of the Internet to promote its ideal. As the total number of China's Internet users has reached 210 million, more and more charity efforts have moved online and Internet donation has become a major trend.

About YeePay

YeePay is a leading e-payment service provider in China, with a mission to provide better e-payment solutions and value-added financial services through technology and innovation. Headquartered in Beijing, China, YeePay also has branch offices in Shanghai, Guangzhou, Chengdu and Shenzhen. As the first company in China to provide a single platform integrating both online and offline electronic payments, YeePay's innovative solutions enable consumers and businesses to make and receive payments over the Internet, mobile and telephone securely, conveniently and cost effectively. YeePay has formed strategic partnerships with major banks in China. YeePay's customers include leading Internet companies and ecommerce websites as well as many merchants in traditional industries, such as EachNet, Baidu, TOM Online, Shanda, KingSoft, DangDang, eLong, GoMe Electronics and China Unicom. YeePay was recognized as the "Best Payment Platform" by the China eCommerce Association and one of the "China Internet 100 Companies/Top 50 Innovators" by the China Internet Society.
For more information about YeePay, please visit http://www.yeepay.com .

For more information, please contact:

Chen Yu

YeePay.com

Tel: +86-10-6561-0168 x136

Cell: +86-137-0111-0519

Fax: +86-10-6561-0167

Email: cyu@yeepay.com


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SOURCE YeePay
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