"TechWeb Report" April 16, the recent news, UnionPay announced that by the end of the quarter of 2014, the national Flash terminal has reached nearly 3 million units, can support the financial IC card and NFC mobile phone payment entertained. UnionPay Flash has now become one of the first choice for consumers ' daily fast small payment. UnionPay explained that the country is currently promoting the non-contact payment Business Circle Construction, all over the industry application project accumulated more than 100, covering public transport, subway, rental, parking, high-speed rail and other types of transportation, supermarkets, department stores, fast food, vegetable market and other areas of life services are also rapidly becoming popular. NFC payments belong to a replacement and upgrade products, infrastructure investment is the first step, which includes the user's smartphone upgrades, UnionPay stock pose machine upgrades. China UnionPay said it is currently working with third-party payment agencies to transform the offline POS machines. And the cost of transforming a POS machine is 300~500 yuan, in which, the Bank of the Federation adopted a certain subsidy policy.
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