The first digital currency POS machine
and few people use it now
the built-in system should no longer work
change.
the manufacturer of this POS machine is Newland. This model me31
Fujian Newland Payment Technology Co., Ltd., the world's top three POS terminal providers in 2015, has been committed to developing, manufacturing, marketing and selling electronic payment procts and solutions since 1994 according to the latest Nielsen report. Diversified proct portfolio includes professional financial POS, m-pos and intelligent multimedia POS. Business impact has penetrated into the instry, involving finance, telecommunications, insurance, logistics, taxation, electric power, oil, etc
we have been exploring China's payment market for more than 20 years, and our terminal procts and solutions are widely used by China UnionPay, China oral, Agricultural Bank of China, Bank of China, China Construction Bank, communication bank, Shanghai Pudong Development Bank, instrial bank and other financial institutions. We also maintain good cooperation with the 99 year bill, Alipay, TenPay Lakala and other third party payment companies. Our procts have been used in several areas, including telecommunications, insurance, logistics, taxation, electricity and oil
as the only Chinese brand in all mainstream POS suppliers, we are committed to promoting the internationalization of "made in China" procts. Relying on our group company, we have established a global marketing network with proprietary brands and sell our procts through Newland around the world in North America, Europe and Newland, Taiwan
in order to better create value for customers, we have established a professional technical service team, specializing in financial information construction and large-scale application software development and service. We have successfully developed online banking, foreign exchange trading system, personal loan management system and enterprise loan management system and other systems for instrial banks, and obtained rich instrial fees. In this way, we have become one of the few financial service providers to provide terminal procts, financial applications and integrated solutions in China
address: Fujian Newland Technology Co., Ltd
in 1975, the first commercial cash register prototype was sent to Dongfeng market in Beijing for trial, which shows the advantages of collection and settlement. However, because it can't be classified and accumulated, it can't provide original records to be queried at any time, and it has no printing and hard backup function, it's technically congenitally deficient,
and the application environment is not mature, so it can't be popularized. In this way, China's first POS machine failed and the prototype was put into the warehouse
in 1981, the Ministry of Commerce organized Beijing commercial department to take the lead in introcing 528 cash registers from OMRON company of Japan, which were used in various shopping malls in Beijing. Because the function of the POS machine is much stronger than that of the counter cash settlement machine, and the use effect is also significant, the Ministry of commerce organizes the promotion in the shopping malls of major cities across the country
The differences are as follows:
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unit differences: fast money payment belongs to the category of third-party payment, is a private company, UnionPay belongs to the state-owned nature, and supervises and manages the operation of all third-party payment companies
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2. Difference in payment scope: third party payment companies such as fast money payment need to sign a contract with the bank to swipe the bank card of the bank. Under normal circumstances, there are about 40 banks signed by the third party, and the scope is limited. UnionPay does not need to sign a contract, because the bank is managed by others, and the POS function of UnionPay can swipe all the bank cards with UnionPay logo
3. The difference between organization and charge when arranging machines: UnionPay POS machines are issued by the local UnionPay branch, no machine fees are charged, only 500 yuan deposit is charged, and the deposit will be returned after the merchant stops using, no depreciation fee is charged. Fast money payment and other third-party payment companies distribute POS machines through the development of regional agents, and collect agency fees. Because the machines of the third-party payment companies such as fast money payment are purchased directly from the manufacturer, and the agent has paid the agency fee, the merchant will be charged 1500-3000 fees when distributing the machines to the merchant, and the machines will not be returned after they are no longer used
4. The difference of implementation standards: UnionPay itself is a supervisor and a participant, so it can only set an example in the application review and rate implementation of POS machines, and strictly implement them. Third party payment companies such as fast money payment rely on the market to make a living. In order to make profits, they often discount when implementing the requirements. For example, UnionPay POS machines require that three certificates and one license must be complete and have physical stores, Non large businesses can only apply for POS machines with a rate above 0.78. But the third-party payment companies often take advantage of the difficulty of supervision. An ID card and a bank card will directly issue a 0.5 rate POS machine
5. The difference of settlement process: the credit card funds of UnionPay POS machine are directly transferred to the merchant's signing account, and they do not participate in the fund circulation process. Fast money payment POS machine and other third-party payment companies' credit card funds first arrive at the fast money payment company account, and then the fast money payment company transfers to the merchant signing account