station network (www.admin5.com) August 28th morning news, Alipay yesterday through the official micro-blog said, "for some reason as everyone knows, Alipay will stop all the line POS (point of sale, multifunctional payment terminal business). On the original cooperative businesses we will properly handle the business will not affect the normal business. This brings inconvenience to users and partners, we apologize. But in the exploration of payment innovation, we will never stop.
it is understood that Alipay launched last year POS logistics strategy. Including two major content, namely the logistics POS payment program and electricity supplier logistics payment system investment. The logistics POS payment scheme launched by Alipay, the Alipay POS terminal equipment into conformity with the manifest credit card information management functions, can realize the electricity supplier COD (cash on delivery), real-time funds and logistics information. The Alipay announced to stop all the line POS business actually declared the end of the strategy.