Smart China Expo 2019 kicked off at Chong Qing international expo center on 26th Aug. "Smart Technology: Empowering Economy, Enriching Life" is the theme of this expo.
Ma Yun, co-chairman of the UN high-level group on digital cooperation said in his speech that mobile payment is breaking traditional regional boundaries, closing the gap in financial services between east and west by 15 percent from 2011 to 2018. He also stressed that mobile payments should benefit more areas.
What benefits can mobile payments bring to merchants?
Firstly, there are multiple payment methods. For offline merchants, the payment method of mobile payment can satisfy consumers' various payment options, such as a membership card payment, scanning code payment and face payment and so on.
Secondly, the merchant can enjoy effective marketing. Merchants can expand the publicity effect in the festival through mobile payment, carrying out some activities like full reduction and randomly reduce cash to drive the turnover of merchants and promote the establishment of merchants' brand and reputation.
Thirdly, it will be easier for merchants to statistic data. With access to mobile payment, merchants can know the status of store orders and revenues and clearly understand the operation situation. With the help of customer consumption data, they can obtain a series of data analysis of customer habits and consumer preferences, and further understand customer gender and age.
Mobile payment is not simply the change of replacing money, but also the inevitable trend of intelligent era development. Giving full play to the biggest advantage of mobile payment will help merchants develop in a healthy and orderly way.
As a professional smart terminal provider, Telpo will call on the theme of empowering the economy, enriching life and continue to provide merchants with a series of mobile payment products and corresponding mobile payment solutions. It will work with merchants to make mobile payment benefit more regions.
Tag: Smart China Expo, theme, mobile payment, terminal, benefit, consumer preferences, Telpo, smart payment
Brief Introduction: Telpo is a professional smart payment terminal partner who focuses on ODM service 20 years. It mainly provides the point-of-sale (POS) terminals, biometric cash registers, face recognition machines, self-service kiosks and bus validators. Telpo has served for more than 1000 customers abroad, including operators, banks, biological algorithm company, technology companies, and governments. Telpo adheres to R&D and innovation, aiming to provide more intelligent hardware for global partners.