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Bus Mobile Payment under the Trend of Mobile Payment

309 words | Last Updated: 2024-04-19 | By Golong
Author: Golong
We are a leading public transport payment system provider, founded in 2015. We focus on developing and operating smart hardware and software for IoT, facial recognition, and digital currency.
Bus Mobile Payment under the Trend of Mobile Payment
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With the increasing popularity of mobile payment, it has brought great convenience to our lives. Therefore, it has gradually become a part of life.

Mobile payment is transferred from the PC to the APPA terminal. The proportion of remote payment is greater than that of proximity payment. In 2015, Internet payment accounted for 53%, and mobile payment accounted for 47%, of which remote payment accounted for 99.72%.

The mobile payment is updated constantly. It requires more secure and reliable technical support, while the competitions still exist in the mobile payment market. Who can gain the favor of customer groups and who will get a larger payment market are not settled, and the new wave of payments is continuing.

We should improve objective experiences to get a better payment experience.

In 2017, the competition for public transport mobile payment was fierce. Enterprises have worked hard on bus travel. Nowadays, mobile payment has become so convenient. In the case of buses, the emergence of various payment methods such as Alipay, WeChat payment, and UnionPay QuickPass has also given citizens more choices to choose payment methods. In today’s Internet era, the emergence of smart bus POS machines has not only greatly enabled passengers to have more payment methods, but also alleviated the most stressful traffic pressure today. The new payment speed and the big data brought by bus validators have made a lot of contributions to bus scheduling and line optimization.

Hangzhou Golong Technology has been committed to solving the problem of public transportation payment terminals. At present, it has helped Hangzhou, Wenzhou, Quzhou, Mianyang, Tengzhou, Panyu, Wuhan, and many other cities to achieve smart transportation and realize a new payment experience. As a leader in the bus mobile payment industry, Golong has been shortlisted for the procurement of on-board equipment in UnionPay 2018, and will also help more cities realize smart transportation in the future.