Recently, the Shanghai community service Provider Ocean Group to the company nearly 3,000 employees allot a kind of call "I brush" mobile payment products, realize the community door-to-door service personnel "brush Bank card Collection Service" function. This function is only used before the traditional POS machine can be achieved, but now, only need to insert a very sophisticated mobile phone headphone jack Card reader, you can complete the card collection.
It is reported that in the United States there are 1 million businesses in the use of square (a similar "I brush" products). Square has a very small square magnetic stripe card reader, another supporting a powerful and very internet application software, some network terminals with it can be used as a POS machine.
"I brush" is the first to achieve large-scale commercial new mobile payment products. According to the product development and management Agencies I brush (Beijing) Technology Co., Ltd., the relevant person responsible for the introduction, "I Brush" from April 2011 onwards, after more than half a year, in November 2011 formally tested online, the online monthly trading volume reached more than 30 million yuan. On the security side, "I brush" in the reader to add a high integrated circuit board and encryption chip to ensure that the magnetic stripe information security and transaction security. The encryption chip by the "I Brush" research and development team to develop and own intellectual property rights, the future will be open to the API chip to the equipment manufacturers and other companies of similar products.
In the software function, "I brush" in addition to have the card payment function, but also joined the traditional mobile payment function, such as credit card repayment, public service payment, card transfer, bank card balance inquiries, mobile phone fee Payment, air tickets, lottery tickets and so on.