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We Can Financial Technology, a hardware/software system integration service provider for payment and retail value-added services, on October 19 announced the launch of MF-2351 in the Taiwan market.
MF-2351 is a smart POS (point of sale) terminal device integrating third-party electronic payment services, electronic wallets, credit cards, cross-border payment services and stored-value cards to support multiple modes of payment in retail stores.
MF-2351 is available for use by retail stores on lease at NT$500 (US$15.90) per device per month, which is waived if total transaction value through the device reaches NT$300,000 in a single month, We Can Financial said. We Can Financial aims to deploy 20,000 MF-2351 devices in three years.
We Can Financial has partnered with 18 payment services including Alipay, LINE Pay, Pay2Go and Cathay United Bank for the smart POS device and hopes for more partners.
We Can Financial is a joint venture established in May 2016 by Soft-World International and POS device and peripheral maker Partner Tech. We Can Financial has an initial paid-in capital of NT$50 million, with Soft-World and Partner Tech holding 40% and 30% respective stakes.
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