GlobeBill Boosts the Digitalization of Educational Fund

Online, April 4, 2012 (Newswire.com) - The phenomenon of quality education, multimedia education, and iPad pilot education shows the digital revolution is quietly changing the status of China's education. IT has begun to seep into the whole field of education and the introduction of relevant national policies also provides convenience of digital education.

When Referring to the digital education, the digitization of education funds always come first. Digitization of education funds is a very difficult problem and needs to have a platform capable of fast and accurate collection of all types of bill payments, refunds, reconciliation and query. The third-party payment companies, i.e., GlobeBill (www.globebill.com), are able to provide such services, so that schools can benefit from a quick, smooth, and safe management platform. As for the universities, they are able to further improve their overall strength in the process of cooperation with the third-party payment, and to become more prominent in the same field. As for the training institution, the third-party payment will allow them to seize more students to open up a broader market to provide more types of services.

According to the data of Market analysis, the transaction volume of training market in 2012 is about 960 billion RMB, and this number will be maintained to improve at the rate of 12%. To effectively manage such a huge and complex flow of funds needs a high-quality information management platform. Whoever can provide such a large system will be able to enter a stimulant for the construction of educational digital and occupy a large market, and gain huge profits. After learning the lessons from the experiences of 2011, the third-party payment company is on their way to formalization. As a company which gets the payment license, GlobeBill has a more profound understanding that innovation is a magic weapon in the fierce competition for there is only innovation can extricate the company from the cruel red sea competition of little margin and get into the profitable blue sea.