NetworkNewsBreaks – Moxian (NASDAQ: MOXC) Cashes
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Posted On: 10/03/2017 6:41:58 PM
NetworkNewsBreaks – Moxian (NASDAQ: MOXC) Cashes in on China’s Growing Cashless Trend
Within the global market, consumer trends are ever tending toward the utilization of mobile devices when making purchases and otherwise connecting with businesses—something seen particularly among Chinese consumers. Well aware of China’s cashless trend, Moxian, Inc. (NASDAQ: MOXC) is cashing in by serving the online-to-offline (O2O) market with its Moxian User App and Business App—both of which feature UnionPay’s payment gateway. An article further discussing this reads: “China has 1.3 billion residents. A large number of them use smartphones, and three-quarters of all online payments are sent through mobile accounts, according to analyst estimates. Spending through mobile payment platforms in 2016 was 50-times as much as in the U.S. Consumers are increasingly opting to use resources such as the Moxian O2O marketplace rather than cash. MOXC’s social marketing and promotion platforms enable merchants to target mobile users in their advertising and better interact with consumers. Given the increasing popularity of mobile payments, the company’s solutions are expected to help merchants to continue to grow.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Within the global market, consumer trends are ever tending toward the utilization of mobile devices when making purchases and otherwise connecting with businesses—something seen particularly among Chinese consumers. Well aware of China’s cashless trend, Moxian, Inc. (NASDAQ: MOXC) is cashing in by serving the online-to-offline (O2O) market with its Moxian User App and Business App—both of which feature UnionPay’s payment gateway. An article further discussing this reads: “China has 1.3 billion residents. A large number of them use smartphones, and three-quarters of all online payments are sent through mobile accounts, according to analyst estimates. Spending through mobile payment platforms in 2016 was 50-times as much as in the U.S. Consumers are increasingly opting to use resources such as the Moxian O2O marketplace rather than cash. MOXC’s social marketing and promotion platforms enable merchants to target mobile users in their advertising and better interact with consumers. Given the increasing popularity of mobile payments, the company’s solutions are expected to help merchants to continue to grow.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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