Chief Executive of Hong Kong, Carrie Lam Cheng Yuet-ngor, visited BBPOS in Symposium on Innovation and Technology
During the recent Symposium on Innovation and Technology 2017 BBPOS executives and technology captured the attention of… Read More
During the recent Symposium on Innovation and Technology 2017 BBPOS executives and technology captured the attention of… Read More
BBPOS is pleased to announce the release of WisePOS™ 4G — our most recent upgrade of this compact and lightweight device. As current customers know, WisePOS™ is extremely portable… Read More
BBPOS recently presented at the prestigious Thales APAC Channel Partner Conference. The Thales conference draws leaders from five keys sectors: aerospace, space, ground transportation… Read More
BBPOS, along with the Hong Kong Science and Technology Park (HKSTP) and the Hong Kong Electronics and Technologies Association (HKETA), proudly announced the winner and top competitors in the 2nd WiseFriends Competition… Read More
Once more, BBPOS ranked high in annual The Nilson Report ratings. This year’s report shows changes in overall shipments around the world including BBPOS’ uptick in the United States market… Read More
BBPOS partner TPBank recently launched the v.2 mPOS upgrade to its card payment solution. TPBank selected WisePad 2™ as the hardware component for its solution, based on its ability to keep up with…. Read More
BBPOS and POSDATA Group have reached an agreement for POSDATA to stock, sell, support and distribute BBPOS products. This initiative will make it easy for ISOs, Resellers, ISVs and others…. Read More
The BBPOS executive team recently attended one of the payment industry’s leading events: Seamless Dubai, on May 1-2, 2017. Touted as the meeting place for the brand new world of commerce… Read More
To accommodate your needs, and our continued growth, BBPOS is relocating our corporate headquarter with R&D center in Hong Kong to a new location… Read More
During the recent Symposium on Innovation and Technology 2017 BBPOS executives and technology captured the attention of Carrie Lam Cheng Yuet-ngor, Chief Executive of the Hong Kong Special Administrative Region.
Lam first became aware of BBPOS technology and met team members during the Hong Kong Electronics Fair (Autumn Edition). While touring the Tech Hall and Startup Zone with Margaret Fong, Executive Director of the Hong Kong Technology Development Center (HKTDC), Lam made a stop at the BBPOS kiosk despite limited time and a tight schedule.
Although it was no surprise, it was a great honor for BBPOS’ CEO Alex Choi, CTO Ben Lo, and our team to have a dignitary of Mrs. Lam’s stature head straight to the BBPOS kiosk after delivering opening remarks for the Symposium on Innovation and Technology 2017. Choi and Lo greeted Lam and enjoyed a very cordial conversation with her, before offering a comprehensive overview of BBPOS’ history, including key points about the development of our technology and our reputation for cutting-edge innovation.
BBPOS is pleased to announce the release of WisePOS™ 4G — our most recent upgrade of this compact and lightweight device. As current customers know, WisePOS™ is extremely portable — it can be carried in a pocket, vest, or apron. This lightning-fast, Android-based mPOS powerhouse has the mobility and flexibility to run rapid transactions on the go.
The WisePOS™ 4G upgrade increases the capabilities of one of the most powerful and flexible mPOS devices in the industry. WisePOS™ 4G provides an array of payment options including magstripe, EMV, and NFC card readers as well as a barcode scanner and a 5 megapixel camera. The Android 7.0 system allows superior flexibility to develop and use customized applications, and supports an integrated mPOS platform. Despite the extraordinary capability of WisePOS™, our customers asked for more — and our innovative team of engineers delivered — bringing enhanced design, functionality, and speed to V.2.
The most impressive upgrade: WisePOS™ 4G has 4G technology and a faster CPU, which allows for “superfast” transaction processing and reliability. This technology supports quick and easy exchange of back office functionality and data as well new possibilities like high-quality visuals for retail inventory and restaurant menu display. The added power and flexibility in this upgrade, combined with the device’s innate mobility, will continue to boost the BBPOS brand and reputation as an innovator in mPOS systems.
Commenting on the recent release, BBPOS’ CEO Alex Choi said, “Leading-edge technology and exceptional customer support continue to drive our success in this highly competitive industry. The release of WisePOS™ 4G has the potential to boost BBPOS’ ranking among payment industry giants in devices shipped worldwide.”
The release of WisePOS™ 4G enhances the line of innovative products we offer our clients, and helps propel the entire industry forward.
BBPOS recently presented at the prestigious Thales APAC Channel Partner Conference. The Thales conference draws leaders from five keys sectors: aerospace, space, ground transportation, defense, and security—the industries Thales serves--as well as technology professionals from various channel partners. The conference focuses on technology topics, trends, and concerns that challenge businesses in a world that is increasingly mobile, interconnected, and interdependent.
BBPOS was the only partner in the payments industry channel invited to exhibit at the event. BBPOS earned this opportunity as a recognized technology innovator in the payments industry channel. President and CEO, Alex Choi, and Chairman and CTO, Ben Lo, led a dynamic session highlighting BBPOS’ accomplishments and supporting BBPOS’ position as a leader in mobile payments (mPOS) technology. Choi and Lo underscored the company’s reputation as a team of world-class engineers known for innovation and forward-thinking.
The BBPOS team also networked with key decision-makers and demonstrated cutting-edge mPOS products in our exhibit space. The conference ran September 5-7th in Taiwan, Taiwan.
BBPOS, along with the Hong Kong Science and Technology Park (HKSTP) and the Hong Kong Electronics and Technologies Association (HKETA), proudly announced the winner and top competitors in the 2nd WiseFriends Competition. The competition, now in its second year, challenges college students to develop innovative new tools and services that have the potential to dramatically change or advance technology in the payments industry. The competition has served BBPOS, the industry, and the government well as a way to identify, encourage, and test up-and-coming technology talent and encourage entrepreneurial thinking.
Can youthful enthusiasm and vision be translated into award winning technology? Alex Choi, President and CEO of BBPOS, now an industry leader in cutting-edge mPOS technology, knows it can. He, along with co-founder Ben Lo, conceived BBPOS’ mPOS technology as twenty-something friends. “Our idea for mobile payment technology—the heart of BBPOS—was created during a late-night brainstorming session in a coffee shop. Although we scribbled our thoughts and plans on napkins, we knew our ideas would change the payment industry. These young people are no different—they are the next generation of innovators—I encourage them all to think big and persevere.”
Top competitors brought their ideas for technology products to the multi-phase competition. Initial entries were narrowed by concept and marketability. Teams that met or exceeded the competition’s threshold for innovation and potential to sell, developed and submitted a business plan further detailing the product/service. Ultimate Grand Prize winner, Team AlphaVend, secured the award with an app that allows mobile vending and payment in amusement park crowds, lines, and parking lots.
“Teams had the opportunity to have their ideas reviewed by a hand-picked panel of distinguished judges from the payments industry; the top three teams’ efforts stood out among the other competitors,” said BBPOS CTO, Ben Lo. “Competitors certainly aim for the top prize, but placing among the top teams earns all competitors recognition as technology innovators; opportunities will no doubt find them!”
The top three 2nd WiseFriends Competition teams received their awards August 18, in a formal ceremony at the Hong Kong Science and Technology Park, in Shatin—a well-known incubator for innovative technology companies. As the competition sponsor, HKSTP provided the perfect venue for the award ceremony. BBPOS plans to continue the annual competition in 2018, with expansion into greater China.
Once more, BBPOS ranked high in annual The Nilson Report ratings. This year’s report shows changes in overall shipments around the world including BBPOS’ uptick in the United States market, but misses the fact that our combined chip and pin, and chip and sign, shipments put us in second position worldwide. Additionally, only Verifone and Ingenico surpass BBPOS in the Asia-Pacific and North American markets (excluding manufacturers that distribute to China alone).
“Again this year, we are very competitive among industry leaders,” Alex Choi, CEO of BBPOS. “We are particularly pleased with our continued growth in the United States where shipments are up 53%. Our performance in both our chip and pin and chip and sign shipments is incredibly strong.”
BBPOS’ Chipper 2x BT is the industry’s leading 3-in-1 mPOS device, continues to push our numbers higher. Demand for all BBPOS devices worldwide remains impressive —particularly sales in the U.S. as the country migrates toward EMV.
Leading-edge technology and exceptional customer support drive our success in this highly competitive industry. Contact us for a complimentary copy of Nilson’s comprehensive report. Figures extracted from The Nilson Report, July 2017, Issue 1114.
BBPOS partner TPBank recently launched the v.2 mPOS upgrade to its card payment solution. TPBank selected WisePad 2™ as the hardware component for its solution, based on its ability to keep up with the apps’ sophisticated and flexible features. The first requirement: mobility! This compact, lightweight device allows TPBank to offer customers the freedom to move or even carry the device to serve customers…including freedom from landline phones. TPBank also chose WisePad 2™ for its power. WisePad 2™ offers TPBank’s merchant-clients, and their customers, remarkable transaction speed—under 8 seconds per payment transaction using Wi-Fi, 3G, or GPRS. Despite wireless connectivity, the system is highly reliable and secure whether submitting transactions or communicating with back-office devices. And…as with all BBPOS devices, WisePad 2™ offers magstripe, EMV, and NFC readers—giving merchants the flexibility to take any payment type.
For more details, please click here.
BBPOS and POSDATA Group have reached an agreement for POSDATA to stock, sell, support and distribute BBPOS products. This initiative will make it easy for ISOs, Resellers, ISVs and others to order standard our products and take delivery in a matter of days or have it shipped fully configured to their merchants.
POSDATA will initially support our Chip & Signature line of products – Chipper OTA, Chipper BT, Chipper 2X and Chipper 2X BT. Shortly thereafter, POSDATA will add support for our Chip & PIN lines of products – WisePad 2, WisePad 2+ and WisePOS as well as our mPOS Bluetooth printer Simply Print.
“This relationship strengthens our position in North America,” says Bob Cook, Chief Revenue Officer of BBPOS. “We are particularly pleased to have POSDATA as a partner which will help provide better customer service to our mutual customers and shorter turn-around times for product delivery.”
“We are excited to become a distributor partner for BBPOS in North America,” said Jeff Creighton, POSDATA’s President and CEO. “BBPOS is impacting the market with their innovative payment products and driving payment solutions into new market segments. By delivering deployment services to meet the specific needs of BBPOS and their customers, POSDATA will help BBPOS to achieve their growth objectives for North America.”
BBPOS was founded in 2008 and is an electronic payment solution provider headquartered in Hong Kong with regional offices in San Jose, Miami, London, Singapore and Shanghai. Today, the company is respected as a leading innovator, designer, and manufacturer of end-to-end mobile POS solutions, serving key sectors including mobile merchants, retail, hospitality, delivery, transport and government.
The company’s world-class engineering team has developed a family of innovative POS devices delivering quality solutions while implementing the highest security standards. Products are designed with the flexibility to securely manage any transaction, in any environment, anywhere in the world.
About POSDATA Group
POSDATA Group is a leading payment systems distributor to the channel with a wide breadth of supporting services. Headquartered in Gig Harbor, Washington, POSDATA Group has offices throughout the United States and operates its logistics services from its centrally located facility in Louisville, Kentucky.
The BBPOS executive team recently attended one of the payment industry’s leading events: Seamless Dubai, on May 1-2, 2017. Touted as the meeting place for the brand new world of commerce, Seamless Dubai welcomed over 400 major vendors and 10,000 payment, e-commerce, and retail industry professionals. BBPOS demonstrated our customized, middle-eastern bazaar payment application throughout the event, while networking with decision makers in the expo hall. Payment industry leaders revealed innovative ideas and cutting edge trends during presentations and workshops. In a Launch Pad session, our CEO, Alex Choi, shared BBPOS’ most innovative technologies, focusing on WisePOS, and examples from case studies. “Seamless Dubai provides a unique opportunity for BBPOS to exhibit our products and expertise with thousands of industry decision makers,” said Choi. “It is imperative that we show ourselves as an emerging leader in the payments industry, and are seen at events like Seamless Dubai as a technology innovator and trend-setter.”
To accommodate your needs, and our continued growth, BBPOS is relocating our corporate headquarter with R&D center in Hong Kong to a new location:
Suite 1903-04, Tower 2, Nina Tower, 8 Yeung Uk Road, Tsuen Wan, NT, Hong Kong
That will house our head office, R&D and technology units together. The move is effective on 1st Mar, 2017.
Additionally, we are opening research and development centers in both ShenZhen, China, and India. These new R&D centers will allow us to tap the best and brightest talent in the industry, and to be in locations where we can be responsive to both our clients and the ever-evolving mPOS industry.