Third Party Payment Will Be Widely Involved In the Education Informationization-News from GlobeBill

April 11, 2012 - PRLog -- The “10-year Development Plan of Educational Informationization (2011-2020)" (hereinafter referred to as the "Plan") recently issued by the Ministry of Education Department has come up with clear requirements over the next decade in the following aspects: the infrastructure construction, high quality digital education resources development and application and national education management information system. The Plan mentioned to encourage enterprises and public investment to participate in educational information technology and services, thus to opened up a new market space for information technology industry related to educational information.
　
The data show that total value of education and training market in 2012 is about 960 billion Yuan and is going to reach a compound annual growth rate of 12%. It can be predicted that under the auspices of the Ministry department of Education, educational electronic fund management will become a mainstream trend within the next decade. Under such background, third-party payment will become one of the educational infrastructure management widely involving all aspects of education and information technology　

In the past few years, the third-party electronic payment market size and functions have grown with various industries including e-commerce industry. From simple collection and payment business to complex industry financial management solutions for functional evolution, today's third-party payment is are playing a crucial role in speeding up economic reconstruction and upgrading of traditional industries and even in enhancing the community as a whole operational efficiency.

In China, the schools, especially colleges and universities are the main frontier of the national education informationization. To strength the university information infrastructure and build capacity build environment of information technology in education is the primary task of the national education information construction. In fact, before the promulgation of the "planning", there are many domestic famous universities began with the advantage of third-party payment platform to enhance their own fund management level. As a successful third party payment company, GlobeBill (www.globebill.com) is going to establish partnership with colleges and universities and construct a fast, convenient and rigor university funds management platform. The platform can support mainstream banks both domestic and international and allows high-speed flow of funds. In this way, the online payment solution can achieve accurate and efficient collection of the educational finds. It not only provides convenience for the university student but also has great significance on the later educational administration upgrading.

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