Baofoo.com

Baofu Payment (Shanghai) Co., Ltd., formerly Baofu Network Technology, operates as a prominent third-party payment enterprise in China, specializing in digital payment and comprehensive industry solutions. The company develops and deploys a robust suite of payment products, including agreement payments, one-click card binding, and various banking integrations, to support digital operations across sectors such as banking, consumer finance, retail, and cross-border commerce. Their technical approach integrates payment, accounting, marketing, and financial value-added services to address complex transaction pain points for their partners.

The company was founded in 2011, establishing its headquarters in Shanghai. Its legal representative, Zheng Bingmin, oversaw its entry into the third-party payment industry, driven by the increasing demand for secure and convenient online transaction methods. Baofu obtained its initial Payment Business License from the People's Bank of China, strategically positioning itself to provide essential payment infrastructure in a rapidly evolving digital economy.

Baofu serves a diverse customer base, including over 20,000 enterprises and merchants across more than thirty distinct industry sectors, complemented by extensive partnerships with mainstream domestic banks. The company's mission is to drive industrial digitalization through technology, with a vision to become a respected global enterprise. It aims to deliver continuous value to customers and society by focusing on niche market needs and fostering a globalized operational presence.