Goldpac, Guangdong Huaxing Bank, CNMOBI and ShenZhenTong jointly announce the introduction of China's first, multi-industry application mobile payment Bluetooth card
 
Sep 22, 2017
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The world's fourth largest and China's top ranked payment solutions provider, Goldpac Group Limited ("Goldpac" or the "Group", stock code: 03315.HK) announced that it has delivered China's first-ever multi-industry application mobile payment Bluetooth card, the "One Card Pay" smart co-branded card, to Guangdong Huaxing Bank. Jointly produced with Internet + Finance pioneer, Guangdong Huaxing Bank, China's leading mobile apps development and mobile payment service providers in finance domain, CNMOBI, and the pioneer of intelligent transportation, ShenZhenTong, this innovative product demonstrates Goldpac's innovation capabilities in the mobile finance domain.

The "One Card Pay" smart co-branded card is a dual-interface debit card integrated with industry-standard financial payment applications, ShenZhenTong metro applications and CNMOBI applications. It not only enables cash withdrawals and offline payments, but can also be used on public transportation such as buses and subways. More importantly, it can download, over the air, a number of CNMOBI apps through Bluetooth. On the one hand, this creates a one-card, multi-purpose product, reducing the number of cards consumers carry every day in their wallets. This will lead to an enhancement in card usage rates and improve consumer stickiness. On the other hand, it connects with mobile phones via Bluetooth to realize the Internet+ transformation for payment cards, extending payment card applications towards wider domains.

Mr. LI Yuangang, General Manager of Goldpac Limited, said, "By taking advantage of our core security authentication technologies, the mobile payment Bluetooth card becomes an innovative financial payment product designed for the mobile internet domain. The integrated low-energy Bluetooth module creates a channel between offline financial payment cards and the mobile smart terminal. This is what gives the financial payment card the ability to interact with the internet. In addition to fundamental financial payment card functions, the card can connect with the mobile phone to download other card applications over the air like transportation cards, citizen cards and gas cards. Thus, realizing over the air, download, recharge, and top-up capabilities, thereby, stimulate multi-scene business integration and the multiple applications interaction. It appears that diversified payments are moving inevitably towards the O2O model. This trend is also in line with Goldpac's strategy for security and payment technology development. Therefore, we are confident that we can continue to deliver increasingly innovative products and services for the mobile internet space."

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About Goldpac Group Limited (Stock Code: 03315)

With more than 20 years of successful experience and a leading global technology portfolio, Goldpac is honored to be ranked China's No.1 and the world's No. 4 corporation in the secure payment industry.

Committed to its core vision of Making Transactions More Secure and Convenient, Goldpac is specialised in delivering embedded software and secure payment products for global customers while leveraging innovative Fintech to provide data processing service, system platform and other total solutions for a wide business range of financial, government, healthcare, transportation, and retails.

Inspired by the China government's Belt and Road initiative, Goldpac is now extending its superior solutions and services to an even wider geographical network, delivering convenient, secure payment experiences to people around the globe.

For more information, please visithttp://www.goldpac.com/cn/ or contact at goldpac@godlpac.com.

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