What is Suixingfu? Suixingfu Review, Features

VBill.cn was founded in 2011 and is a leader in China's offline smart payment. It holds a bank card acquiring license, an Internet payment license, a mobile payment license, a micro-loan license, and cross-border RMB settlement qualifications, making it one of the few fully licensed payment companies in China.

About Suixing Pay

• Suixing Pay has always been committed to empowering small and micro businesses in all aspects of their operations. Through the strategic layout of "payment + technology", it has not only become the best in the country in terms of channel penetration capabilities, but is also committed to building an ecological system of "smart payment" through extensive integration with cutting-edge technologies.

• Suixing Pay continues to build four core capabilities: ultra-large-scale transaction processing and operation capabilities, data-driven intelligent application capabilities, offline scenario comprehensive construction capabilities, and efficient channel sinking capabilities. The comprehensive "payment + finance" business system has also achieved remarkable results in consumer finance, supply chain finance, new retail, and industry customized payment solutions.

• After years of accumulation, Suixing Pay currently ranks first among payment acquiring institutions in terms of the number of offline small and micro merchants. It has 28 branches across the country, more than 2,000 municipal-level service providers, and 500,000 front-line practitioners; its business scope covers more than 300 cities and regions across the country.

Products and Services

1. Traditional POS

The POS checkout service provided by Suixingfu is a multi-purpose payment service for small and micro merchants. It integrates payment methods such as swiping cards, waving cards, and QR codes.

• Operational service advantages: professional acquiring, fund security, system stability, and customer service.

• POS service advantages: flexible settlement, reliable quality, quick application and perfect after-sales service.

2. Smart POS

Suixingfu Smart POS is an intelligent financial terminal based on mobile Internet and cloud platform, integrating payment methods such as bank cards, QR codes, NFC, and innovatively integrating various marketing apps.

• Product advantages: "Apple" style, excellent performance, considerate after-sales service, intelligent detection, complete functions and safety guarantee.

• Industry advantages: The overall solution is designed specifically for technical customers. Under the industry compliance standards, it supports merchants or partners with technical development capabilities to quickly connect payments, achieve seamless system integration, and form a complete commercial closed loop of upstream and downstream payments.

3. MPOS

Suixingfu MPOS is a new mobile payment terminal designed to meet the payment needs of small and micro merchants. It communicates with Android and IOS smartphones through Bluetooth and related clients, providing users with a variety of financial services such as payment collection and transfer.

• Product advantages: brand guarantee, payment collection at any time, economical and affordable, easy to activate.

• Services: Provide 365-day, 7*13-hour hotline service (4000-887-626); Mpos card terminal provides one-year after-sales service.

4. Aggregation Code Payment

The Suixingfu aggregation code combines multiple QR codes into one, aggregates the mainstream UnionPay, WeChat, and Alipay payment methods on the market, and involves various forms of materials such as cards and stickers according to the merchant's requirements. Merchants can choose the material type according to different checkout environments and customize the appearance for special merchants.

Product advantages:

• Licensed institution, funds are safe;

• Easy registration and same-day use;

• Collect cash register and keep the counter clean;

• Voice broadcast, clear transactions.

5. Internet Payment

1. Gateway payment

• Use the bank's U-shield to log in to online banking to verify payment.

• Advantages: wide coverage, high efficiency, strong timeliness, stability and security.

2. Quick payment

• Users link their bank cards and complete payment by entering their password without the need for online banking.

• Advantages: fast, safe, customized and stable.

3. Payment on behalf of others

• Make single or batch payments to a designated bank account.

• Advantages: efficient, convenient, clear, low-cost and flexible.

4. Withholding

Signing a contract once allows you to make multiple payments without password deduction.

5. Authentication

• Real-name authentication and bank card authentication services.

• Advantages: accuracy, diversity, flexibility.

6. Payment Account

• The complete account system strongly supports down payment business and escrow business.

• Advantages: compliance, flexibility, independence, integrated account system, separation of collection and payment, and diversified business.

7. Cross-border payments

• RMB cross-border payment business.

• Advantages: financial guarantee, convenient operation, flexible products, comprehensive solutions, high stability, flexible business and professional services.

8. User Authorization

Withdrawal service users authorize merchants to deduct funds through the Suixing Pay channel.

Solution

1. POS acquiring

2. Aggregate payment

3. Internet Payment

4. Cross-border payments

Corporate Culture

• Vision: To become the largest offline payment and credit ecological platform.

• Mission: Make small payments and credit readily available and easy to circulate.

Development History

-In 2011, Beijing Suixingfu Information Technology Co., Ltd. was established.

-In 2012, Suixing Pay became a member of UnionPay.

-In 2013, the daily transaction volume of Suixing Pay exceeded 2 billion, and more than 300,000 merchants have connected to Suixing Pay.

-In 2014, Suixingfu (Beijing) Financial Services Information Co., Ltd. was established.

-In 2015, the number of branches reached 28.

-In 2016, Suixingfu obtained the qualification for cross-border RMB settlement.

-In 2017, Suixing Pay was awarded as an excellent unit for supporting platform construction by the Payment and Clearing Association of China.

-In 2018, the company ranked second among acquiring institutions in terms of comprehensive offline capabilities.