A Strategic Cooperation Relationship Has Been Established Between Sinopec and Tenpay
On August 26, Sinopec declared its cooperation with Tenpay. The two parties established a long term strategic partnership with their respective resource and advanced channels. They aimed at developing their communication channel, providing multi-channel, comprehensive, quick and convenient service to consumers.
According to the agreement, the two parties will mainly cooperate in business development, mobile payment, O2O business, map navigation, big data application and cross marketing, which also includes innovation of service, improvement of the communication efficiency with users, promotion of brand and expansion of their brand influence.
Since the cooperation between Oceanpayment and Tenpay is under negotiating, Oceanpayment is believed to develop its business in a broader field, which allows consumers to complete payment with perfect fraud detection tools and robust risk management system.