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UMPay Won the Bidding for the Item of "Beijing-Tianjin-Hebei IC Card for Traffic" of Beijing Municipal IC Card Corporation
2016-03-03

In recent days, Union Mobile Pay Co., Ltd. (hereinafter referred to as "UMPay") won the item of "IC Card System Software Upgrade for the First Phase of the Interconnectivity of Beijing-Tianjin-Hebei IC Card for Traffic in Beijing (II)" of Beijing Municipal IC Card Corporation (hereinafter referred to as "Beijing IC Card Corporation"). The successful bidding means that UMPay and Beijing IC Card Corporation have embarked on a new journey for their cooperation.

 

In May 2015, Ministry of Transport issued the Guidance of Ministry of Transport on Promoting the Healthy Development of Beijing-Tianjin-Hebei IC Card for Traffic to Speed up the Implementation of Interconnectivity, where it pointed out that the inter-city and inter-provincial interconnectivity of IC Card for traffic shall be realized basically among all the major urban agglomerations by 2020. Under the background of this policy, among the overall item of "Interconnectivity of Beijing-Tianjin-Hebei IC Card for Traffic", the first phase in Beijing has seen the finish of project bidding, the interconnectivity of Beijing-Tianjin-Hebei IC card for traffic are projected to be realized by 2017, and the business type will also be changed from traditional travel services to data, finance and other user-centered life services. At present, more than 90 million Beijing Municipal IC Cards have been issued, and about 16 million are traded each day. With the progress of Beijing-Tianjin-Hebei Integration Initiative, IC Card will be applied all over the Beijing-Tianjin-Hebei region.

 

The products of UMPay IC Card have been popularized in many cities in Gansu, Fujian, Shandong, Liaoning, Guangdong and other provinces. And UMPay has accumulated rich experience by establishing local IC Card systems for traffic in cooperation with local bus companies and telecom operators. From 2014, UMPay began to cooperate with Beijing IC Card Corporation to take charge of the establishment of online business system for Beijing IC Card, including WeChat official account, APP, the upgrade of system architecture of online platform and so on. It also provided professional technical support and business planning at the same time. By winning this bidding, UMPay can, on one hand, strengthen the cooperation with Beijing IC Card Corporation, and on the other hand, lay a good foundation for itself to join in other cross-region IC Card items in other provinces or cities of China in the future.

 

As a professional provider for third party payment, information service and Fintech Service business, UMPay will continue to service in the city IC Card industry with high standards and superior levels to help improve the quality of IC Card service and realize the transformation of Internet in order to explore the integrative development direction for smart city.

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