Leading the "Top Five" in the POS acquiring industry with "skills"

Not long ago, iResearch officially released the “2016 Bank Card Receipt Industry Research Report”, and UnionPay Business, Tonglian Payment, Lakara, Fast Money and Yinsheng Payment ranked in the top five. Among them, UnionPay Business, Tonglian Payment, and Lakara are all in the trillion-dollar scale in the domestic acquiring business. What are the five third-party payment companies that can compete in the fiercely competitive bank card acquiring industry in China?

UnionPay Business: Born in China UnionPay "Grandeur"

Recently, UnionPay business has been pushed to the “wind and roll” of public opinion. First, there is a rumor that UnionPay is planning to seek independent listing. Second, it is severely punished by Yang Ma’s “real money” for serious violations of bank card receipt business. As a wholly-owned subsidiary of China UnionPay, UnionPay Business was established in December 2002 and was established in the same year as China UnionPay. It specializes in the construction of bank card acceptance market and provides comprehensive payment services. With a strong background born with a gold spoon, UnionPay has no suspense in the domestic bank card acquiring industry.

Tonglian Payment: Founder is the first chairman of China UnionPay

Tonglian payment is known in the industry as “small UnionPay”. Recently, with the UnionPay business, due to the serious violation of the bank card acquiring business, it has become a "model" for the central bank to kill. Established in October 2008, Tonglian Payment was jointly established by Wanxiang Holdings, Xinhua Life Insurance and Shanghai International Group. It is a third-party payment company that provides comprehensive payment services. Its founder Wan Jianhua is famous, not only has “ The father of China VISA is the first chairman and president of China UnionPay. At present, Tonglian Payment follows the UnionPay business and is firmly in the second place in the domestic bank card acquiring industry.

La Cala: In just three years, the top three "black horses"

Lakara, established in January 2005, is a new financial services group and a member of Legend Holdings. For a long time, I have been very good at "surprisingly winning." Since 2007, with the layout of community convenience stores, it has become a legend in the offline payment field; after the first batch of payment licenses in 2011, the company entered the collection field with small and micro merchants as a breakthrough, and became the industry in just over three years. third. At present, Lacala has taken the lead in embracing the Internet in the traditional acquiring business, trying to build a smart POS machine into a “hard entry” for the Internet, providing more valuable value-added services for merchants.

Quick Money: Discover Business Opportunities in Cash on Delivery

At the end of 2014, it was just ten years since the establishment of fast money. Also at this point in time, the quick money chose to marry Wanda. From the very beginning, the quick money has taken a different approach, avoiding the fight in the personal payment field, and taking a road to provide solutions for corporate payments. In 2008, it entered the offline acquiring industry, and quickly opened up the situation by exploring the business opportunities of offline e-commerce transactions. The partners include Jingdong Mall and Dangdang. At present, fast money ranks fourth in the domestic bank card acquiring industry. In addition, fast money is also a pioneer in domestic supply chain finance.

Yinsheng Payment: Focus on the "user experience" bonus

Yinsheng Payment, established in July 2009, is part of Shenzhen Yinsheng Financial Group and is one of the first 27 institutions to receive the Central Bank's Payment Business License. In 2014, it began to develop the national acquiring market. At present, the business network has expanded to 34 provinces and cities, and the number of merchants has reached one million. Compared with the top 4 companies, Yinsheng paid the latest bank entry, and improved the user experience by creating innovative products such as mPOS, D+0, and running water and other “grounded gas” and building the Yinshengtong APP ecosystem platform. His own industry rankings.

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