Box Payment: Technology innovation drives mobile payment into development blowout period

Abstract: Nearly five years can be said that the mobile payment industry in China five years of galloping. Thanks to the continuous and massive rise in demand for mobile commerce, mobile payment has been one of the few industries in China with a high growth rate of 600% to 800% consecutive years, moving

Nearly five years can be said that China's mobile payment industry has been a roaring five years. Thanks to the continuous large-scale rise of mobile e-commerce demand, mobile payment with the growth rate of 600% to 800% consecutive years, among China's high growth of a small number of industries, mobile payment economic scale repeatedly breakthrough, into the development of the blowout period.

In the process of triggering the mobile payment market enthusiasm, the use of third-party payment service providers with innovative functions has been reduced repeatedly. And as a supplier of innovative payment products, box Payment in many of the same enterprise performance is quite prominent, its first mobile phone intelligent Cloud POS redefined the small and medium micro-business mobile payment.

Technology innovation pushes mobile payment into development blowout period

With the rapid development of mobile electronic commerce and the continuous implementation of its own entrepreneurial policy, the scale of small and medium-sized micro-businesses, such as Taobao and Alibaba, is growing larger. The resulting downstream industry chain-mobile payments also ushered in a burst of growth.

According to Analysys international data show that 2013 China Mobile payment market into a burst of growth stage, the total transaction size exceeded 1.301 trillion yuan, the growth rate of up to 800.3%. This figure shows that the demand for mobile payments is rolling up at a high speed, on a large scale and sustainably. Mobile payment means, but also increasingly diverse: mobile phone pos machine card, two-dimensional code and bar code payment, micro-credit payment line online under the mobile payment methods emerge.

Industry insiders predict that in the next 10 to 20 years at least, the pull force curve of mobile payment will continue to go up and reach the crest. By then, mobile payments will be a time of universal popularity, just as with mobile phones. The mobile POS enterprise represented by box payment, as one of the important forces, has made great contribution to the promotion of POS machines and the improvement of the credit card environment of small and medium-sized merchants.

Box payment prop up small and medium micro trader move to pay half the sky

With this vision, the box payment Information Technology Co., Ltd. was formally established in March 2011. Although founded only three years, but this does not prevent it quickly become the industry leaders. In 2013 alone, box payments won the "Mobile Payment Technology Innovation Award" and the "Annual Innovation Leadership Award" awarded by the Third Payment Innovation (China) Conference, and access to Shenzhen High-tech Enterprises and national High-tech Enterprises title, but also high innovation and high growth of the "red Herring Global Hundred Enterprise Award."

For the vast number of small and medium-sized businesses in China to provide security, professional financial services, and small and medium-sized micro-merchants to win the future, has been in the box to pay the blood and genes. Based on this, the box payment Smart Cloud POS merchant Qualcomm Development, completely around the needs of small and medium-sized businesses, in the credit card receipts, but also through electronic books, electronic shelves, convenience services, financial services and other functions to manage business, business life, create wealth. And the recent on-line "micro-payment" function, but also through a single transaction, the establishment of the merchant and the permanent relationship between consumers, is an unprecedented breakthrough in the industry. Since then the POS machine for the merchant, has been redefined, is not a simple collection tool, more means a full range of professional financial services, means more intelligent future pay life.

At present, the box Merchant pass Intelligent Cloud Pos in small and medium-sized businesses in the market share is growing, become deeply hundreds of thousands of merchants welcome mobile payment products, propped up the small and medium micro-merchants mobile payment market half the sky.