¥17 trillion, 38.71% , 2013; ¥23.3 trillion, 2014TREND
Background 25% RMB Settled; 174 countries RMB Balanced
Lower Risk of Exchange Rate , Cost-Saving, Multi-
Financial Products & Services Available Notification
Win-WinBanks, Cross-border Merchants, Customers
01
02
03
04
BFOPay | COMPANY
PART ONEBackground
PART THREEWhat BFOPay
01
BFOPay | COMPANY
02
03
Cross-border Currencies Deposit
RMB Transaction Settlement with Multi-Currencies
Cross-border Currencies Withdrawal
Things You Want to KnowDeposit
Real-time RMB Deposit, CUP supported, and no limit
T+1 settled for HK, T+3 settled for overseas. Faster than Ever
12 Main CH Banks for Real-time , 7*24*365 Withdrawal, ONLY¥5/trans
From between the early 1970s and 2015, you can count the number of consumer payment innovations that has been widely used by people: PayPal, Credit Cards, Personal & Commercial & Mortgage Loans, ATMs and etc.
What Has Been Wrong?
They Are Not FAST and CHEAP.They Are Not Fit for Global Services Built natively on the Internet
BFOPay | COMPANY
01 Flexible
02 Lower Cost
03 Real-Time In & Out
04 Risk Control Mechanism
PARTTWO
Why BFOPay
PARTTWO
Spawning massive innovation in Payments Solution, RMB Transaction
Settlement
Be able to Improve the Lives of Billions of Chinese People Across the
World.
Building on Top of a global, fast, cheap payment network via the
internet
Sets of APIS that enable developers to easily build applications
Why BFOPay?
PART FOURHow BFOPay
BFOPay | COMPANY
BFOPay will sent Merchant’s info to Risk Control Department for test
Fill in the Merchant Application Document List
Documents ApprovalPaper Agreement should be signed and sent back to BFOPay
Agreement Sign
BFOPay will provide APIs to merchants and integrate it under their system
API Integrations
Step I
Step II
Step III
Step IV
Qualification Test
Q1: What is API Specification?
The BFOPay General Payments API Specification is a set of interfaces between the Client-side System and the BFOPay Payments platform, including:
•BFOPay General Interaction Interface, •Payments Interface •Notifying Interaction Interface
The specification also sets the unified standard for modes of Interactions, Data Exchange and Security between the Client-side System and the BFOPay Payments System.
Step III:After Upload, you need to go to “Payment Verification” to select the Batch no., and “Audited”(It’s for double check the amount, person)
The information must be in Chinese, is
because In China, all the bank system only
read Chinese
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