IT House, August 6 News According to Huawei’s official website, Huawei recently released a digital payment cloud solution at the 2020 Win-Win Future Global Online Summit, which aims to help digital payment operators build super applications (Apps). The core payment ecosystem accelerates inclusive finance in emerging markets .
IT Home understands that Huawei’s digital payment cloud solution builds a digital ecosystem from three aspects to bring value to payment operators.
Ultimate digital experience: The digital architecture allows user data and transaction data to be opened in real time, which not only guarantees the real-time query experience of users and merchants, but also enables real-time risk control built by AI analysis capabilities to identify fictitious transactions and avoid cash out risks.
Accelerate business listing: Ecological openness, through API (Application Programming Interface), H5, applet, UI Bricks (UI building blocks) and other technical means, so that partners’ business can be released to the super App within 1 week, within 3 weeks Complete marketing activities from planning to execution.
Rapid software iteration: A cloud-based platform that supports containerization/microservices, elastic scaling, and gray release, so that the software version can be iteratively updated and launched within a few days.
Huawei also stated that it has previously joined hands with KBZ Bank to launch KBZPay in Myanmar. In just 18 months, it has developed 6 million registered users, more than 1,000 partners, more than 290,000 merchants, and accumulated transaction value of 7 billion U.S. dollars, becoming the largest market share in Myanmar. One of the mobile payment operators.
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