Turn your mobile phone into a mobile POS machine and you can use it at any time. On the afternoon of July 12, China Mobile Shanxi Company signed a strategic cooperation agreement with Shanxi Agricultural Bank. It is expected that the “mobile POS mobile phone” will be promoted to the whole province in mid-August.

The two parties agreed to continue to utilize the advantages of China Mobile Shanxi Company in the fields of voice, data, mobile information and broadband networks on the basis of cooperation in financial services, voice communication and data services, and to provide agriculture to Shanxi Province within the province. Banks and local branches provide overall information solutions.

The two sides will focus on deep cooperation in fund management, marketing expansion, business promotion, IDC room hosting, group V network, and data line.

Shanxi Agricultural Bank is another strategic cooperation unit signed by China Mobile Shanxi Co., Ltd. after signing the financial industry with Pufa and Postal Savings Bank this year. Among them, “mobile POS mobile phone” is one of the main projects of the “village to village” people's livelihood project of the Agricultural Bank. The two sides have begun to jointly design and research and develop, and it is expected to be promoted to the society in mid-August this year.

According to the person in charge of Shanxi Mobile, “Mobile POS Phone” is a comprehensive mobile payment service based on mobile terminal products. The financial smart card in the mobile phone is used as the payment account carrier, the mobile phone is used as the payment information processing terminal, and the corresponding functions such as the POS card slot and the terminal identification are added, and the normal operation and transaction are realized through the data line of the China Mobile Shanxi company. “Simply put, it is to put the bank card into the mobile phone and turn the mobile phone into a mobile POS machine. Users can purchase the card at any time, and it is more real-time, convenient and fast in daily payment, transfer and repayment. ”

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