In recent years, the rapid development of mobile payment technology has not only changed the payment habits of consumers, but also challenged the traditional payment industry chain. This is both a challenge and an opportunity for third-party payment institutions to continuously innovate to pay for products and optimize their services. In the 2017 South Asia Southeast Asian National Commodities Exhibition, Investment and Trade Fair, co-sponsored by the China International Chamber of Commerce, the SAARC Chamber of Commerce, the China-ASEAN Center, the South Expo and the Secretariat of the Kunming Fair, as the only national payment service in Yunnan. The company's Lefu Payments Co., Ltd. highlighted a new smart payment product, the Lefu Smart POS.

Smart POS makes store management more efficient

The so-called intelligent POS machine is no longer a single function of the traditional bank card acquiring terminal function, but a new payment tool that can perform statistical analysis of data, satisfy multi-scene applications and help store management and management realize intelligent management. The smart card terminal for the bank card collection of this exhibition - Lefu Intelligent POS machine is a smart POS terminal based on Internet and cloud computing, which can support multiple payment methods, such as swiping, scanning code, NFC, cloud flash payment, small amount Free confidentiality, etc., to meet the needs of a variety of application scenarios, such as membership management, statistical analysis of business data, electronic invoicing, etc., to help merchants achieve intelligent store management. “At present, the product is in the trial operation stage and will be put on the market in the third quarter of this year”, and the relevant person in charge of Lefu Payment introduced.

All along, Lefu's vision is to create a payment industry ecology and system that allows customers, merchants, to simply do business, focus more on their products and services, and keep merchants business longer. At the same time, Lefu payment intelligent POS machine will become a good partner of merchants, giving them professional help and services in internal management and external marketing.

Smart payment tools will help financial environment construction

As a radiation center for South Asia and Southeast Asia in the “Belt and Road”, Yunnan is also a pilot area for comprehensive financial reform along the border. Paying this basic tool is of great significance to the financial construction in the “Belt and Road” strategy.

Lok Fu Payment is currently the only third-party payment company in Yunnan that has the qualification of national bank card acquiring business. It is also one of the few companies in Yunnan with headquarters in Kunming and a nationwide business. It has considerable scale and influence in the industry and its steady development. It has a positive effect on improving the payment environment in the southwest region and promoting the construction of the regional financial system. Lok Fupay hopes to provide a more complete payment solution for Yunnan's real economic cooperation in the payment field, and contribute to the construction of financial infrastructure in Yunnan Province.

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