Huawei Petal Payment Company successfully changed its name to accelerate the construction of Hongmeng ecosystem

According to news from this site on November 17, Aiqicha shows that recently, the original Shenzhen Xunlian Zhifu Network Co., Ltd. has undergone industrial and commercial changes, and the company name has been changed to Huaban Payment (Shenzhen) Co., Ltd. .

#In March 2021, Shenzhen Xunlian Zhifu Network Co., Ltd. underwent industrial and commercial changes, and Huawei became the sole shareholder. This also means that Huawei has successfully become the second mobile phone manufacturer to acquire a payment license after Xiaomi

According to previous reports on this site, the People's Bank of China updated the licensing information for major changes in non-bank payment institutions on October 13 , agreed that Shenzhen Xunlian Zhifu Network Co., Ltd. should be renamed as "Petal Payment (Shenzhen) Co., Ltd."

The company was established in In June 2013, the legal representative was Zheng Liying, with a registered capital of 200 million yuan. Its business scope includes technology development and technical consulting services for electronic payment, payment settlement and clearing systems, Internet payment, mobile phone payment, and digital TV payment business etc., wholly owned by Huawei Technologies Co., Ltd.

According to the Science and Technology Innovation Board Daily, Huawei responded to this change by saying that The name change is not a big deal, in essence it is Huawei has accelerated the construction of Hongmeng ecological infrastructure, and the newly upgraded negative screen will also fully support Huawei payment. "This is an important step in promoting Hongmeng Yuan services. Now Didi, Meituan, Maoyan, Tongcheng, etc. All major partners have settled in Negative Screen in the form of meta-services."

According to reports, Huawei’s positioning of payment is not just mobile payment, but a full-scenario payment platform. As the underlying infrastructure of the Hongmeng ecosystem, Huawei Pay will be deeply integrated with the Hongmeng system. Huawei developers and partners can directly complete commercial closed loops in the Hongmeng ecosystem. Payment operations on multiple Huawei terminal devices can be transferred across devices to the mobile phone, allowing users to complete payment conveniently and safely.

It is worth mentioning that Xunlianzhipay was originally invested by ZTE Software Co., Ltd. and obtained the "Payment Business License" issued by the People's Bank of China in 2014, approving the development of Internet services. payment, mobile phone payment, digital TV payment and other services. However, the company later voluntarily terminated the "digital TV payment" business

In January 2018, ZTE Software completely withdrew from the ranks of shareholders of Xunlian Zhipay, and Xunlian Zhipay has been in Shanghai since then until it was acquired by Huawei. Woruiou is wholly-owned by the company and is also a payment institution under Zhengtong Co., Ltd.

In October 2020, Huawei Technologies Co., Ltd. applied for the "Petal Payment" trademark, covering categories such as financial property management and scientific instruments. According to reports, the content covered by Petal Payment includes real estate management; debit card payment processing; insurance information; electronic transfers; online banking; credit card payment processing; currency exchange; e-wallet payment services; capital investment; using membership cards to provide services to others at participating institutions Offer discounts.

In the first half of 2022, Huawei Pay will be officially launched, covering Huawei Music, Huawei Video, Huawei Reading, Mango TV, Youdao Cloud Notes, PP Video and other Huawei applications and some third-party applications.

In July 2022, Ma Chuanyong, President of Huawei Terminal Cloud Service Payment BU, revealed to the outside world that the number of monthly active users of Huawei Wallet has exceeded 100 million. Ma Chuanyong also emphasized that Huawei Pay is not only mobile payment, but also an innovative full-scenario payment platform.

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