The position of micro-payment in mobile payment

At present, Micro Pay is the supplier of mobile payment background software and systems for most banks. For the business in digital currency, Micro Pay is actively participating in DCEP testing and related promotion of some banks. On August 5, 2020, China Payment and Clearing Association (hereinafter referred to as the Association) issued an announcement in official website, officially announcing that 19 companies such as Micro-Pay Technology Co., Ltd. met the relevant membership conditions of the Articles of Association of China Payment and Clearing Association and the Administrative Measures of China Payment and Clearing Association.

Main business:

Payment business is to provide mobile payment management system for acquiring institutions, connect third-party payment platforms, clearing institutions, acquiring institutions and terminal merchants, and provide mobile payment and industry solution services. The company provides merchants with two ways to access the mobile payment system of the acquiring institution. The first way is to customize the API docking method, which can access all major payment channels, including WeChat, Alipay and UnionPay QR codes. , to achieve payment in various scenarios.

The company's business scope includes: mobile Internet software development and operation and maintenance; Development, sales, design, integration, operation and maintenance of computer software and information systems; Information technology consulting; Cultural activity planning; Economic information consultation; Operating import and export business; Engaged in advertising business; Domestic trade; Operating e-commerce; Lease of self-owned houses; Sales of computers, software and auxiliary equipment; Engaged in insurance agency business (non-bank financing); Engaged in non-financing guarantee business; Engaged in consulting business related to commercial factoring (if approval is required by laws, administrative regulations, the State Council decisions, etc., it can only be operated after obtaining relevant approval documents according to law).

The industry solutions provided by Micro Pay include electronic membership card, mobile advertisement, electronic invoice, tourism industry, catering industry, medical industry and parking industry. Weifutong connects MIS or ERP systems in the industry, supports hundreds of POS systems, and has solutions for retail department stores, transportation industry, express delivery industry, catering industry, payment industry and other industries.