Shenzhen Rakinda Technologies Co., Ltd.

Mobile payment service is an important means of micropayment, accounting for 70% of payment by Internet payment website. The service began in 2000 and is estimated to have reached 90 billion won in 2001, 270 billion won in 2002, and 400 ~ 47 billion won in 2003.

The mobile market continues to grow as smartphone users grow in demand from shopping. In the first quarter of 2013, mobile payment increased rapidly, from 11.27 billion won to 57.2 billion won in the second quarter of 2015, according to South Korean statistics.

The mobile payment system has limited number of mobile phone companies. Most mobile payments are used to buy online content or to pay for online games. Mobile payment services are one of the wireless Internet payments.

Since Apple began implementing the Apple Pay service in 2014, the mobile payment barcode scanning market has grown from $12.6 billion worldwide to $220 billion in 2017, according to Gartner Inc.

Nowadays, the catering industry commonly is using mobile POS machines for mobile payment. Mobile POS machine is an RF-SIM card terminal reader.The mobile pos machine, also called mobile point-of-sale, handheld pos, wireless pos machine, which are widely used in various industries mobile sales. The reader terminal is CDMA; GPRS; TCP/IP connection to a data server. The shopkeeper uses a mobile POS machine to scan the barcode of customers’ phone screen for completing the payment.

What is a good 2d barcode scanner to recommend for the mobile POS?
LV3296 has an interface is TTL232 and it weighs only 5 grams and fits easily into even the most space-constrained equipment and the small size such as data collectors, meter readers, ticket validators and PDAs.Low current draw of the devices allows the modules to be integrated with minimal mechanical modifications.The LV3296 barcode scan engine also features an industrial grade sensor with no moving parts to wear out and the product is carefully designed based on years of industry knowledge for easy integration into OEM devices.