Kuaipay is involved in the contactless payments business. The company has a 5 year contract for the sale and distribution of a contactless prepaid Beijing Transportation Card outside of commuter and bank locations. There has been a government mandate dictating the use of these cards by 2008 for all commuter transportation - bus, subway, taxi and highway. Kuaipay has been authorized to setup a POS network for recharge. In addition, Kuaipay is able to a use the POS network to accept payments from the transportation card for retail products and other non-transportation products, and b) to sell advertising and personalization on the cards.
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Expert Collections containing Kuaipay
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Kuaipay is included in 1 Expert Collection, including Fintech.
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Kuaipay Frequently Asked Questions (FAQ)
What is Kuaipay's latest funding round?
Kuaipay's latest funding round is Other Investors.
Who are the investors of Kuaipay?
Investors of Kuaipay include Oak Investment Partners.
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