China-s First Private Online Lottery Site Powered by Danal-s Mobile Payment Solution

China-s First Private Online Lottery Site Powered by Danal-s Mobile Payment Solution

SAN JOSE, CA and SEOUL, SOUTH KOREA — (Marketwired) — 10/10/13 — 17wind, China-s first privately-owned online lottery provider, has signed an exclusive contract with Danal to enable payments on its site using Danal-s mobile payment solution. Danal, the parent company of BilltoMobile, is the pioneer and global leader in e-commerce mobile payments, having processed an unmatched $7 billion in transactions.In 2012, the online lottery market in China was estimated at USD 4.8 billion (CNY 30 billi