Today, we are going to introduce SOOMPAY business and overseas branches of SOOMPAY.
SOOMPAY is a mobile payment company providing merchant across Asia comprehensive solutions to support the major Chinese mobile payment services; Alipay, Wechatpay, and Union Quickpass. SOOMPAY aims at bringing cohesion among the multitude of mobile payment services and finally cryptocurrencies. By integrating various mobile payment services, SOOMPAY will provide store oriented and customer friendly environment.
Several surveys show that in 2017, about 94% of Chinese outbound travelers wished to use their mobile payment app when they travelled. Last year, over 130 million Chinese people traveled abroad and the number of Chinese tourist is growing.
The in-store mobile payment market is very dynamic and is growing fast. But outside the mainland China, because of poor infrastructure, It is hard to use mobile payment system. Therefore, launching one simple payment application has great great potential.
Name of each branch is ‘SOOMPAY+name of country’. SOOMPAY Korea, SOOMPAY China, SOOMPAY Japan, SOOMPAY USA, SOOMPAY Vietnam tries to cooperate with the financial institutions and fintech companies associated with each country’s payment service providers.
In addition to existing overseas firm, SOOMPAY will establish SOOMPAY MACAU, SOOMPAY RUSSIA, SOOMPAY SINGAPORE, etc to broaden 4th Blockchain ecosystem.
