TTG announces framework agreement with a leading online payment solution company in China
Sydney, Mar 24, 2014 AEST (ABN Newswire) - TTG Fintech Limited (
ASX:TUP) today announced that its wholly owned subsidiary has signed a framework agreement with a leading PRC third party online payment solution company. According to this agreement, TTG will apply its digital verification to help provide a safe and efficient environment for the online users to enjoy discounts in offline transactions.
This agreement is valid for 5 years and renewable upon mutual agreement.
This cooperation is in line with the fast growing trend of online to offline transactions. It will help the growth of our business and achieve a win win situation of all parties involved.
About TTG
TTG has developed a technology called Electronic Financial Authentication (digital verification). This technology provides the connecting link to ensure the safe and efficient online to offline transactions. TTG will apply this digital verification to help its operating partners in clearing and settlement of these transactions.
About TTG Fintech Ltd
TTG Fintech Ltd (ASX:TUP) has developed a technology called Electronic Financial Authentication (digital verification). This technology provides the connecting link to ensure the safe and efficient online to offline transactions. TTG will apply this digital verification to help its operating partners in clearing and settlement of these transactions.
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