Transformation of traditional financial institutions

With the development of Internet finance and technology, many traditional financial institutions have weakened the promotion of traditional product lines, and more attention has been paid to mobile payment, innovative financial products and so on. For example, Ping An Bank's new mobile payment technology "photon payment", without networking, or even insert a mobile phone SIM card, just point a bunch of "light waves" from the flashlight of the mobile phone to the pos machine, and then complete the bank account information "叮" Identify and then complete the payment. Pudong Development Bank “Puyin Point Loan”, users can complete the application to the whole process of lending through mobile banking or WeChat bank in one minute, the whole process can be completed online.

Internet financial machine is popular

In addition, some Internet financial institutions have also become hot spots for the Expo, such as Jingdong Finance, Box Payment, Jinxin.com, and the first gold suit. Jingdong Finance will showcase its seven financial business segments for two years. Then, Jin Jinbao's APP product “Happiness Treasure” was unveiled at the Jinbo Fair. Face recognition technology, which was mostly seen in news reports on weekdays, also appeared on the exhibition floor yesterday, allowing ordinary citizens to see the truth.

In the exhibition area where the online micro-business eco-service provider box payment is made, a new POS that integrates functions such as credit card payment, WeChat payment, Alipay payment and coupons has attracted many people's attention. It is the first ecological POS that the box payment has created in the era of mobile entrepreneurship - Hui POS.

The traditional POS can only support the function of credit card payment. The launch of Hui POS has made many visitors and media who are on the scene look forward to it. This new Internet POS can carry a variety of management tools, integrate a variety of collection methods, card coupon verification, membership management, and can meet the needs of the O2O platform standardization customization.

Hui POS realizes a comprehensive terminal and platform open. Whether it is a startup company, an APP team, an industry solution provider or even an individual, it can be based on the hardware, platform and terminal of the box payment, and is equipped with various scene applications on the platform. Entrepreneurial development, this is also the future development direction of the box payment - building a box of "mobile entrepreneurship platform."

China's economy is in the critical period of the transformation of old and new kinetic energy. One of the keys to fostering new kinetic energy is to promote the formation of a new situation of "mass entrepreneurship and innovation". At present, some financial institutions, including banks, are actively innovating financial products and services in response to the situation. Innovative companies represented by box payment also frequently introduce subversive new products and concepts, and strive to seize the development opportunities of economic restructuring. To achieve their own transformation and upgrading. This will also promote the emergence of a flood of innovative financial products in China.