Smart POS wins market recognition Lacala payment promotes non-connected transactions to accelerate growth

With the continuous development of the payment industry, offline offline contactless chip card payment represented by flash payment has gradually become popular, and the volume of contactless payment transactions has also increased year by year. Non-contact is a payment transaction, also called non-receipt transaction. It has the advantages of no card insertion, password-free, and fast payment. It has become the key promotion project of China UnionPay in 2016.

Recently, as the key cooperation institution of China UnionPay, Lakara paid to participate in the “2016 Jiangsu Non-Financial Payment Organization POS Collection Business Competition” and won the “Outstanding Contribution Award for Key Non-connection Projects”. It is understood that the “Outstanding Contribution Award for Key Non-connected Projects” is one of the most important considerations for the 2016 UnionPay assessment. Lacala’s payment was mainly due to the rapid development of Lacala’s smart POS business in Jiangsu. Growing.

Coincidentally, according to the "2017 China Intelligent pos Industry Special Analysis" released by Analysys think tank, as of the end of 2016, Lacala paid the leading position in the national bank card acquiring market, and the intelligent POS market coverage rate was the first. This shows that the rapid expansion of smart POS has a significant effect on improving the volume of non-contact transactions.

Lakara Smart POS is a smart POS terminal based on intelligent terminal network and cloud multi-application platform launched by Lakara at the end of 2015. It supports full payment acceptance and comes with non-connected transaction module. In the year after the launch, in order to expand the volume of smart POS services, Lacala paid tens of millions of dollars for the POS terminal non-connected transformation subsidies. Lacala paid a number of terminal equipments with good market feedback, support for non-connection, and support for electronic signatures at a far lower market price, and granted certain subsidies to business partners who purchased such terminals for access to the network. These initiatives have directly driven the volume of non-contact transactions.

As a platform-level product with multiple trading methods, Lakara Smart POS not only satisfies the interests of merchants and consumers, but also meets the cloud platform and the big data and channel resources accumulated over the years, and further satisfies the needs of merchants. Including member management, customer marketing, business data analysis and intelligent store operations, it has become a smart "business partner" for daily business operations.

Lara Cara paid for this platform-level acquirer terminal, which has won extensive coverage with powerful features. Relying on such coverage, Lakara Smart POS has become a weapon for UnionPay to promote non-connected transaction volume growth.

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