Evolving smart order payment system
The 9 Company, which is leading the global market of unmanned order payment system, adds a change to a new business structure through the convergence of AI and platform change to the business structure of the system equipped with the existing simple smart order payment function to achieve “free integration”. and “Equal system operation”.
The9Company’s “Smart Order Payment Platform” Business Structure
The 9 Company's smart order payment platform business, which has ownership and operating rights for the entire kiosk and kiosk operating system, is a smart order payment system for store owners and consumers. In addition, it can provide convenient services such as various payment, mileage, and online gift certificates, and can secure big data through operation.
The9Company has a background in building a strong ecosystem.
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Free Rental
The “Order Nine” kiosk provided by The Nine Company is provided free of charge with no installation / transportation / rental / program usage fees. Therefore, it is strong in competitiveness with the same company and has competitiveness in durability and recyclability as it is manufactured with a mold for the first time in Korea.
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The 9 company's Ownership / Operations Rights
The “Order Nine” kiosk provided by The Nine Company is free rental. Since it is operated in this way, the ownership of the kiosk and operating system is owned by The9 Company. The 9 Company owns the ownership, so the 9 Company retains all rights for future operation, and through this, various operating methods and profit models can be operated.
Overview of “Smart Order Payment Kiosk” of The 9 Company
Kiosk specifications
- 15.6 inch Touch Monitor
- 16:9 / FullHD
- Control PC Android
- IC Card reader
- Bar code reader
- Receipt printer
- 400X420X110
Order Nine cost structure
| Division | Order Nine | Competitors |
|---|---|---|
| Rental fee | NONE | KRW 12-30 million per month |
| Deposit | NONE | Some |
| Installation cost | NONE | KRW 10-20 million per month |
| Transport cost | NONE | KRW 5 million |
| Network construction | NONE | KRW 25-45 million per month |
| Program fee | NONE | KRW 2-3 million per month |
| Program Update Fee | NONE | KRW 5 million |
| Forced purchase items | NONE | Some |
| Maintenance fee | KRW 33,000 per month | KRW 30,000 per month |
| Add-ons | Gift / mileage Delegate operation / Dedicated payback credit card | NONE |
OrderNine's rental fee is supported by the head office through installment financing, and customers only need to bear the maintenance cost for using OrderNine's kiosk.
Ecosystems are making progress and evolving.
① Small shop target business
The kiosk business for small shop owners installs kiosks free of charge in general stores and uses the installed kiosks as a medium. A business that operates platform revenue models such as integrated mileage and mobile gift certificates.
② Business for hotel rooms
The hotel room kiosk operates a profit model such as special products and delivery through the kiosk installed in the hotel room, and ticket issuance for tourist destinations, and forms a profit structure through hotel services such as room service.
③ Business for sales of local specialties
The local specialty kiosk business is a business in which local governments and local farmers and fishermen cooperate with each other to install and operate special products in the region through non-face-to-gace kiosks in areas with densely populated floating populations and tourist destinations.
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As of November 2021
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Blockchain “THE9” Strong payment function and value collateral structure
The blockchain token payment in the kiosk linked to the kiosk platform provides a very strong foundation for ecosystem construction. The currently developed token payment system provides a payment process that is 5 seconds faster than credit card payment and applies a very convenient payment method. In addition, integrated mileage and mobile gift certificates using tokens provide convenience to customers and new sales expansion channels for store owners. As such, the 9 Token was built based on the efficiency of the ecosystem. In particular, THE9 token, which is operated with the value of the product as collateral, is very excellent in stability and effectiveness.
Payment simulation
Road Map
2019
- Established “The 9 Company Korea”, a kiosk platform corporation
- Started development of “order nine” kiosk for platform business
- Started development of kiosk system for platform business
- Development of blockchain system for integrated mileage/mobile gift vouchers Establishment of “The 9 Company
- Foundation” for blockchain token operation (in Hong Kong)
2020
- Completed development of “Order Nine”, a kiosk for platform business
- “Order Nine” basic system development completed
- Completed development of blockchain token for mileage
- Inside kiosk platform and field testing
- Proceeded with hotel-type kiosk business test (with Jeju)
- Listed on Poblegate Exchange for Mileage Token test
- Completion of mass production system for “order nine” (with CTM)
2021
Cumulative operation 8,000units
- Started “order nine” business
- Contracted and installed about 8,000 units in Seoul, Seoul metropolitan area and Jeju area
- Supplied Kyochon Chicken Kiosk
- Supply contract for 21 hotel kiosks in Jeju area
- Daemyung Resort Samaksan Cable Car System Development and Kiosk Supply
- Supply of kiosks for direct transaction of special products in Chuncheon
- Business linkage with KT serving robot and system linkage
- Collaboration of small business kiosk with Hite Jinro Co., Ltd.
- Completed development of blockchain token payment system jointly with KOK
- Development of wallet & kiosk linkage with exchange Poblegate
- Completed development of “order eleven” slim kiosk
- Establishment of the kiosk U.S. corporation The Nine Company USA
- -Apply replacement with “THE9” token for mileage token
2022
Cumulative operation 30,000units
1/4
- The 9 Company Foundation moved from Hong Kong to California,USA
- The 9 Company kiosk supply contract in the US
- “Order Nine” payment system interlocking development contract in the US
- 1st listing on overseas exchanges
2/4
- “THE9” token mileage and mobile product operation wallet development
- Applied blockchain payment to all operating kiosks
- Completed relocation of The Nine Company Foundation to California, USA
3/4
- Listed on the domestic exchange (in KOREA)
- 2nd listing on overseas exchanges
- Completion of development and application of Poblegate Exchange wallet and kiosk linkage
4/4
- Initiation of integrated mileage and mobile gift certificate services
- Started DeFi service to support small business
- Accumulated contract for 30,000 kiosks in 2022
2023
Cumulative operation 60,000units
- Mileage linkage with Chinese tourist destination platforms
- 5,000 units of kiosks in the US
- Operation of kiosk linkage with KT serving robots and other robots
- KT big data and AI joint venture
- Entry into Indonesia / Japan / Thailand of the kiosk platform business
- Listed on major exchanges in Indonesia / Japan / Thailand
2024
Cumulative operation 100,000units
- Kiosk linkage with global exchanges
- Started big data analysis business through kiosk operation
- Entered Eastern Europe for kiosk platform business
- XR payment platform “Order Seventeen” launched
- Initiation of food material analysis business through big data
- Listed on a local exchange in Eastern Europe
- Global integrated payment system service test (with THE9)