What does Baofu mean?

Baofu Payment is a third-party payment platform, and its operating company is Baofu Network Technology Co., Ltd.

Baofu’s products or businesses mainly include online banking payment, certified payment, collection agency, and quick payment:

1. Online banking payment

Baofu online banking payment is Using bank cards issued by major banks as payment media, users can complete online transactions directly through corresponding online banks, such as debit cards and credit cards from mainstream domestic banks.

2. Certified payment

Through the Baofu certified payment channel, cardholders do not need to open online banking or enter the bank's online banking payment interface. They only need to enter their bank card information and mobile phone on the payment page. number, the card-issuing bank will verify the information, and the payment transaction will be completed through auxiliary authentication.

3. Collection

After the charging unit obtains authorization from the cardholder, it entrusts Baofu to deduct the fee from the cardholder’s bank card account, such as insurance, Public utilities, agency intermediaries and other industries.

4. Quick payment

When users purchase goods or services, they do not need to open online banking. They only need to provide their ID number, bank card number, account name, mobile phone number, validity period (credit card), CVV2 (credit card) and other information, after the bank verifies the user's true identity information, it sends a SMS verification code to the user's mobile phone number. The user enters the correct verification code to complete the payment.

Extended information:

Baofu Network Technology (Shanghai) Co., Ltd. is a third-party payment company under Mandao Financial Services. At the end of 2011, it won the "Payment Business" issued by the central bank. license". Baofu aims to provide individuals and enterprises with flexible, self-service and secure Internet payment products and services.

Baofu has a wide range of products, a wide audience, preferential rates, and provides 365-day uninterrupted settlement services to help merchants quickly withdraw funds, allowing e-commerce and capital flow to be safely and seamlessly connected, and at the same time, "real-time settlement" The implementation of "total solution" as the core business model has enabled Baofu's market size to maintain a rapid growth momentum in the past two years.

As a leading third-party payment company in China, Baofu has passed the world's most stringent PCI DSS security certification. Baofu electronic payment platform adopts the most advanced application server and security protection system in the world, providing the greatest security guarantee for every payment transaction.

We cooperate with nearly 30 domestic financial institutions, covering the online banking and electronic payment services of more than 90% of domestic banks.

Baofu has reached strategic cooperation with many well-known domestic and foreign companies, and there are also a number of private equity funds interested in forming strategic partners with Baofu.

Baofu always puts social responsibility first and is committed to the fields of electronic payment and e-commerce. It adheres to professional, leading and high-quality industry development experience and advantages to build "Baofu" into the payment industry. One brand.

Baofu securely and seamlessly connects e-commerce and capital flow through a third-party payment platform. Baofu has a young, innovative and passionate heart and continues to make progress in the payment industry, combining technology and services to create higher value for customers and even society.

Mobius strip: perfect integration of space, efficient circulation, safe and seamless inclusion of all things, unlimited future

The meaning of Baofu LOGO: represented by the abstract shape of coins and copper coins The nature of the industry, the streamlined and textured color circle expresses activity and dynamics, securely and seamlessly connects e-commerce and capital flow, and efficiently circulates, perfect and eternal.