China Payment System Development Report 2012

Unveiling China’s Payment Revolution in 2012

The year 2012 marked a significant turning point in China’s financial landscape. With rapid technological advancements and evolving consumer behaviors, the payment system development in the country underwent a revolutionary transformation.

The Rise of Digital Transactions

In 2012, China witnessed a surge in digital payment methods, with mobile wallets becoming a popular choice among consumers. Alipay and WeChat Pay emerged as frontrunners, reshaping how people conducted financial transactions.

E-commerce Boom and Payment Integration

The rapid growth of e-commerce platforms like Taobao and JD.com fueled the demand for secure and convenient payment systems. This led to the seamless integration of online payment gateways, streamlining the purchasing process for millions of Chinese consumers.

Regulatory Reforms and Financial Inclusion

In response to the evolving financial landscape, Chinese regulators introduced new policies to promote financial inclusion and ensure the security of digital payments. These reforms laid the foundation for a more transparent and efficient payment ecosystem.

Looking Ahead: The Future of Payments in China

As we reflect on the transformative year of 2012, it becomes evident that China’s payment system development has set a benchmark for innovation and adaptability. With the continued evolution of technology and consumer preferences, the future of payments in China promises to be both dynamic and groundbreaking.

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About Our Company

Bamboo Digital Technologies

As the overseas brand of Robust&Rapid System Co., a leading independent payment software vendor in China, BDT(Bamboo Digital Technologies) has accumulated the best practices in technology and business innovation from the world’s most dynamic marketplaces. We empower our clients with the tools necessary to accelerate financial inclusion.

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eWallet

Brings you proven payment technology and out-of-the-box capabilities to accelerate the time-to-market for your e-wallet. Creating a mobile wallet for your organization has never been simpler!

  • Multiple Payment Methods

Armed with extensive contactless payment methods like QR code, NFC, USSD, & Virtual Cards to make your customer’s transactions a whole lot easier & quicker.

  • Fully Customizable UI

Designed with best UI and UX practices, FFT software Mobile Wallet can be tailored to fit your branding seamlessly, and provids a hassle-free experience for your customers.

  • Extremely Scalable Backend Core

Based on FFT payment tech platform, enables easy customization of features, workflows, and integrations to fit your unique needs. FFT’s payment tech platform is designed to be future-proof, allowing for instant scaling locally and globally.

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All-inclusive Payment

BDT all-inclusive payment solution supports the complete lifecycle of a transaction，monitors transactions in real-time, runs risk checks, and consolidates payment data in one place!

  • Catering for all business types

Empower different businesses – from online e-commerce marketplaces to brick-and-mortar stores with to accept payments across various channels.

  • Streamlined payment acceptance

Get maximum flexibility to customize the payment transaction flow and offer frictionless transaction processing both in-store and a secure payment gateway for online transactions.

  • Any currency, multiple channels

Support an unlimited number of currencies and let merchants accept card payments, process digital wallet transactions as well as bank debit card payments, etc.

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Cards

Easily issue, activate and manage your prepaid card programs with security and convenience. It’s user friendly, simple, accessible, and scalable for all.

  • All in One - Issue & Manage Cards

From card issuance, activation, and management, to an admin view of the solution, manage all card operations at your fingertips.

  • Enhanced Customer Experience

Empower your customers with advanced self-service features. Let them activate cards, make payments, load funds, check balances, view transactions & more, leading to enhanced satisfaction

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Digital Banking

One-stop digital banking service, allowing your customers to enjoy convenient and fast banking services anytime, anywhere.

  • Personalized customer journeys

Tailor the customer experience to their unique preferences and habits by delivering content and services through the most appropriate channels

  • Omnichannel banking

Allowing consistent user experience access across channels.

  • Open API & Ecosystem

Boost your product and service offering by seamlessly integrating with other financial or non-financial service providers, unlock a world of opportunities to deliver innovation for your customers to enjoy.

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About Our Company

Why we do?

At BDT, we believe that everyone has the right to access the necessary financial resources to achieve their goals, and helping to make this possible is worth fighting for.

What we do?

We are committed to helping our clients to provide better financial services that enable everyone to access the necessary financial resources. We see it as our mission to support our clients in delivering these services with greater efficiency and effectiveness. We are passionate about developing innovative financial technology solutions that make it easier for people to manage their finances and achieve their goals, and we believe that by partnering with our clients, we can make a positive impact in the industry.

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