99Bill announced it has reached strategic agreements with leading Chinese portals Sohu.com (SOHU) and China.com (CHINA) to provide its online payment platform to enable Sohu and China.com to offer secure, convenient and reliable online payment services for Internet users in China.

Under one agreement, 99Bill and Sohu will jointly implement 99Bill's online payment solutions for Sohu's Online Payment Center and offer secure, convenient and reliable online payment services to Internet users in China. The payment services will cover all the existing products and services offered by Sohu, and support Sohu's value-added services and business partners as well.

Under a separate agreement with China.com, 99Bill will provide online payment services for China.com's business customers, as well as individual users, and both companies will jointly develop additional payment features to enable revenue generating and valued-added online services.