There are eight electronic payment institutions in our country.
A platform has now been launched: "Cross-institution sharing platform for electronic payment"
This new platform not only allows the exchange of cash flow between e-commerce institutions, but also opens up the channel for the exchange of cash flow between e-commerce institutions and all banking institutions.
The ultimate goal is to allow all telecom operators to use a common QR Code (TWQR), and even share access.
In the future, the store will only have one barcode and can accept all electronic payments.
However, this step may take a while to materialize.
Hope it will come true soon, so that my POS system only needs to be connected to an API to accept all electronic payments.