Wosai

About Wosai

Wosai, operating under the brand Shouqianba, is a digital services provider for merchants in China. Founded in 2013, the company offers a suite of tools to enhance the digital capabilities and operational efficiency of offline businesses.

The core of Wosai's offering is an aggregated payment platform that supports major mobile payment methods like Alipay and WeChat Pay, as well as traditional bank cards, through a variety of hardware and software solutions. These include smart POS terminals, QR code payment stands, and APIs for integration into existing business systems. The platform consolidates transaction data, providing merchants with unified and customizable accounting and reconciliation.

Beyond payments, Wosai provides a range of smart store management services. This includes software for order management, self-service ordering, takeout integration, and customer marketing tools such as loyalty programs and coupon redemption. The company also offers value-added services like advertising and shared power banks.

Wosai serves a wide array of clients, from small single-owner shops to large chain brands across various sectors including retail, food and beverage, and hospitality. The company has established a significant presence, with a service network covering all cities in China and serving nearly 10 million merchants. Co-invested in by Tencent (WeChat's parent company) and Ant Group (Alipay's parent company), Wosai leverages deep integration with these ecosystems. Headquartered in Shanghai, the firm also has research and development centers in Shanghai and Suzhou.