Executive Summary
GRGBanking has recently secured the exclusive contract for Qingdao Rural Commercial Bank's "Micro Cloud" smart self-service terminal project. This project aims to upgrade nearly 1,600 rural service points across Qingdao. This initiative will significantly enhance the accessibility and efficiency of basic financial services in rural areas, effectively bridging the "last mile."
GRGBanking has recently secured the exclusive contract for Qingdao Rural Commercial Bank's "Micro Cloud" smart self-service terminal project. This project aims to upgrade nearly 1,600 rural service points across Qingdao. This initiative will significantly enhance the accessibility and efficiency of basic financial services in rural areas, effectively bridging the "last mile."
Service Branch of Qingdao Rural Commercial Bank
The "Micro Cloud" platform, developed by Qingdao Rural Commercial Bank, integrates advanced financial technology to deliver a comprehensive suite of financial, livelihood, and government services. By deploying the proprietary internet-based Micro Cloud terminals, residents can access various financial services, including small cash withdrawals, remittances, transfers, and bill payments. Additionally, the platform is interfaced with municipal systems, allowing residents to conveniently manage social insurance, housing fund inquiries, and withdrawals. The strategic rollout of these smart self-service terminals, alongside 344 service branches, has enabled the establishment of a "1-kilometer financial service circle" that effectively covers Qingdao's urban, rural, community, market, and remote island regions.
"Micro Cloud" smart self-service terminal
In response to growing service demands and the need for enhanced service quality, GRGBanking, in collaboration with Qingdao Rural Commercial Bank, has developed a next-generation "Micro Cloud" smart self-service terminal. This new terminal features an adjustable screen for both standing and seated users, enhancing transaction comfort. It also includes a larger display, improving accessibility for seniors and special groups, and boasts superior performance, ensuring the stability of business operations and supporting future functionality expansions.
Key Advantages of the "Micro Cloud" Deployment:
1. Enhanced Service Network and Value-Added Offerings:
The broad deployment of the "Micro Cloud" smart self-service terminals has effectively resolved service bottlenecks at the grassroots level, fostering stronger customer relationships through superior service quality. This expansion of service touchpoints also paves the way for additional value-added services, bolstering the bank's capacity for financial innovation and accelerating its digital transformation.
2. Optimized Use of Space for Mutual Benefit:
Rural small merchants can maximize their unused space by installing these smart terminals, earning subsidies from the bank by offering agency services such as deposits and withdrawals. In turn, these services help generate additional business, driving sustainable growth for local merchants.
3. New Pathways for Rural Revitalization:
As a vital extension of the convenience service platform, the "Micro Cloud" smart self-service terminals directly bring high-quality financial, livelihood, and government services to residents, reducing time and transportation costs, and contributing to overall improvements in quality of life.
1. Enhanced Service Network and Value-Added Offerings:
The broad deployment of the "Micro Cloud" smart self-service terminals has effectively resolved service bottlenecks at the grassroots level, fostering stronger customer relationships through superior service quality. This expansion of service touchpoints also paves the way for additional value-added services, bolstering the bank's capacity for financial innovation and accelerating its digital transformation.
2. Optimized Use of Space for Mutual Benefit:
Rural small merchants can maximize their unused space by installing these smart terminals, earning subsidies from the bank by offering agency services such as deposits and withdrawals. In turn, these services help generate additional business, driving sustainable growth for local merchants.
3. New Pathways for Rural Revitalization:
As a vital extension of the convenience service platform, the "Micro Cloud" smart self-service terminals directly bring high-quality financial, livelihood, and government services to residents, reducing time and transportation costs, and contributing to overall improvements in quality of life.
GRGBanking's "Finance + Scenarios" solutions have already been successfully implemented in regions such as Guangdong, Zhejiang, Heilongjiang, and Shanxi, with rapid replication across China. GRGBanking will continue leveraging its technological expertise and deep industry experience to strengthen partnerships with leading financial institutions, driving continuous enhancements in payment services. This commitment ensures that domestic and international customers will benefit from the convenience and efficiency of advanced financial solutions.