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(Yicai Global) Aug. 30 -- SN Financing Services Shanghai Co., a subsidiary of Chinese retailing giant, Suning Commerce Group Co. [SHE: 002044] has teamed up with Shanghai Pudong Development Bank [SHA:600000] to launch an app for online tuition payments.
SN Financing agreed a deal with SPDB's head office and Nanjing branch to combine the internet and education and jointly build a smart campus, internet media outlet Jiemian News reported.
The service offers tuition payments to over 500 schools, including universities, middle schools, primary schools and kindergartens, in 40 cities in China.
The service will expand to about 1000 more schools by the end of this year.