Blue Bamboo has teamed up with KPay to launch retail payment services for the Beijing transit card…
KPay and Blue Bamboo have partnered to integrate contactless IC technology into the Blue Bamboo H50 GPRS Terminal to provide a point-of-sale solution deployed into local convenience stores, where Beijing transit cards are being accepted for "tap-and-go" retail purchases.
With over 12 million transit cards issued to commuters in Beijing for use in the subway, buses and taxis, merchants can quickly realize the benefits of this fast, reliable, and secure contactless payment solution. KPay expects their point-of-sale solution footprint will grow to cover thousands of retail stores in Beijing by the end of 2007.
It will be interesting to see just how quickly this system gets going. We'll keep an eye on it here.
