Global Netizens Stimulate Mobile Payment Potential

As the popularization and development of the Internet, more and more people gain access to contact and enjoy surfing the Internet. Thanks to the appearance of the mobile phone, people have a more convenient method to do that.

According to relevant data, the population of cyber citizens has already up to 4422 million until 30th June in 2019. It can be seen that America is no longer the center of the Internet, on the contrary, the majority of cyber citizens gather at Asian, while the amount of cyber citizens in China and India is still rapid growth.

China Internet network information center (CNNIC) once published a report about Internet development. In that report, it showed that there are 817 million mobile Internet users in China, with 98.6 percent of them accessing the Internet through mobile phones. The data also reminds us that people are increasingly relying on using a mobile phone nowadays. And that habit, in a way, is pushing the mobile payment further development.

Currently, mobile payment applications are popularization. It allows people to pay at any time and anywhere, without fumbling with notes and coins, or figuring out which card they can use to make payments. In Singapore, there is a popular catering solution which unifies payments from 23 providers, so customers can pay for their dishes at a single payment terminal at a food outlet.

For consumers, they no longer have to bring cash around. Even foreign clients, if they don't have local currency, can use different forms of e-payment. Under such circumstance, Telpo design a mobile POS machine TPS320 for catering stores. People could scan the QR code and operate their payments. Large 5000mAh batteries enable the payment terminal machine consistently working, reducing merchant operation burden. If customers require the receipt, it could also offer a hand with its inbuilt thermal printer.

4G Mobile Payment POS TPS320

The population of global cyber citizens will continue rising, and those mobile Internet users might driver mobile payment to a new height.

Keyword: cyber citizens, Netizen, Internet, mobile payment, payment terminal, mobile, POS

Brief Introduction: Founded in 1999, Telpo is a professional smart terminals’ provider and ODM service expert, covering the point-of-sale (POS) terminals, biometric cash register, face recognition machines, self-service kiosk, bus ticketing machines. Telpo has served for more than 1000 customers abroad, including the platform operators, banks, biological algorithm company, operators, technology companies and even governments organizations. Telpo adheres to R&D and innovation, in order to provide more intelligent hardware for global partners.