What EQLink does

EQLink Technology (易速联科技) is a privately held Chinese company founded in 2020 and headquartered in Qingdao, Shandong, that delivers an end-to-end Hardware + SaaS IoT platform for cashless payments and remote management of self-service equipment. Its primary commercial deployment is in the self-service laundry industry, where it sells to single-store operators as well as distributors, brands, franchises, and multi-store operators.

The technical stack centers on an IoT connectivity module supporting 4G/5G, WiFi, Bluetooth, and NFC with offline-ready transaction capability, paired with a cloud-based management dashboard that handles orders, finance, marketing, employee role controls, and multi-store, multi-device operations. A separate payment layer advertises global cashless coverage across 183 countries with cash, e-wallet, credit card, and bank transfer support under end-to-end encryption, and the company exposes open and private APIs so customers can build custom H5, Mini Program, and App experiences on top. Additional modules include real-time fault alerting, remote coinbox auditing, and an automated RMA after-sales workflow with a replacement-not-repair warranty and 24/7 support.

EQLink operates a sales-led and API-first go-to-market via its bilingual website, phone, and email, with no publicly disclosed pricing. Revenue mechanics span hardware module sales, recurring SaaS subscriptions to the management dashboard, and transaction fees on processed payments. The company has 1–10 employees, no disclosed funding, no disclosed revenue, no named customers, and no disclosed partnerships in the available data.

Name

EQLink

Legal name

EQLink

Website

https://eqlink.top

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

EQLink is a Qingdao-based IoT hardware and SaaS provider enabling cashless payments and remote management of self-service equipment, primarily serving the self-service laundry industry including distributors, brands, franchises, and multi-store operators globally.

Ownership category

akta.pro rank

Product category

IoT Payment & Self-Service Equipment Management

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Prepackaged Software (7372), Computer Communications Equipment (3576)

akta.pro primary industry

Payment Gateways & API Connectivity (FSAGABAB)

akta.pro secondary industries

Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Open Banking APIs & Connectivity (FSAMAFAA)

Keywords

• IoT payment solutions
• Self-service management
• Cashless payment platform
• Smart vending solutions
• IoT connectivity modules

Headquarters

HQ city

Qingdao

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Hardware Sales: Sale of IoT hardware modules (connectivity modules with 4G/5G, WiFi, Bluetooth, NFC capabilities) that integrate with existing equipment in the self-service laundry industry.
2. SaaS Subscription: Ongoing subscription for access to the management dashboard, payment processing hub, smart monitoring, and automated after-sales workflow systems. Revenue generated from multi-store, multi-device management platform access.
3. Payment Processing: Transaction-based revenue from processing payments across 183 countries supporting cash, e-wallets, credit cards, and bank transfers. End-to-end encrypted payment services with centralized management.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

EQLink provides end-to-end hardware and SaaS IoT solutions for cashless payments and smart management of self-service equipment, with successful deployment in the self-service laundry industry. The offering combines IoT connectivity modules (4G/5G, WiFi, Bluetooth, NFC) with a cloud-based management platform, a global payment system covering 183 countries, and an open API for custom application development. It enables distributors, brands, franchises, and multi-store operators to centralize payments, remotely monitor equipment, and unify operations across multiple locations.

Product overview

EQLink Technology provides an end-to-end Hardware + SaaS platform solution for the self-service laundry industry. The unified system consists of an IoT Module for device connectivity (supporting 4G/5G, WiFi, Bluetooth, and NFC), a Powerful Dashboard for backend management of orders, finances, and marketing, a User Experience System for QR code and contactless payments across H5/Mini Programs/App, a Payment System covering 183 countries with multiple payment methods, a Smart Management System for real-time monitoring and fault alerts, and Support Services with long-term warranty and 24/7 support. The open IoT platform enables one platform with multiple applications across diverse business scenarios.

Differentiator

Problem solved

Functional benefit

Products and services

• IoT Module Hardware connectivity module supporting 4G/5G, WiFi, and Bluetooth networks with NFC capability for instant transactions. Features offline-ready functionality for uninterrupted business operations and easily integrates with a wide range of self-service devices.
• Powerful Dashboard (SaaS Management Platform) Centralized cloud-based management platform for streamlining orders and finances, running marketing and promotions, controlling employee roles, and supporting multi-store and multi-device operations. Ideal for distributors, brands, and franchises, providing full operational insight for informed decision-making.
• User Experience System (Multi-Channel Payment & UI) Multi-channel payment and user interface system featuring QR code payments, centralized payment hub, tap-to-pay contactless payments, and cross-platform support across H5, Mini Programs, and native App for every user touchpoint.
• Payment System (Global Cashless Payment Processing) Global cashless payment processing supporting 183 countries with multiple payment methods including cash, e-wallets, credit cards, and bank transfers. Features end-to-end encryption for transaction security and centralized payment management.
• Smart Management System Remote monitoring and management platform enabling quick deployment, real-time fault alerts, remote coinbox auditing for fund security, and mobile control capabilities accessible anytime, anywhere for self-service equipment operators.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Adyen: Global payments platform offering unified online, in-app, and in-store payment processing with extensive payment method coverage. Comparable global payment reach and API-first approach, though focused on enterprise rather than unattended SMB hardware.
• Stripe: Global payment processing and fintech infrastructure platform with developer-first APIs (Stripe Terminal for in-person payments). Comparable open-API payments positioning and global reach, but not specialized in unattended retail hardware.
• Block (Square): Broad incumbent in small-business payments with hardware (Square Reader, Terminal) and a SaaS ecosystem (Square for Retail, Appointments). Comparable hardware-plus-software payments model, though Square does not specialize in unattended self-service machines.
• Ingenico (Worldline): Large payment terminal and unattended payment hardware vendor serving retail, vending, and self-service. Overlaps with EQLink on payment hardware + processing for unattended use cases, but operates at vastly greater scale and breadth.

Direct peers

• PayRange: US-based mobile payment platform purpose-built for unattended self-service machines including laundromats, vending, and amusement. Direct competitor in the unattended cashless payments niche EQLink targets, with hardware dongles and a SaaS operator console.
• KioSoft (formerly Coin Meter / Washlava): Provider of cashless payment and management solutions for laundromats and other unattended self-service verticals. Closely comparable in target market, hardware-plus-software stack, and multi-store operator dashboard functionality.
• SoftPoint International: Provider of cashless payment systems, kiosk controllers, and management software specifically for laundromats and dry cleaners. Highly comparable vertical focus and integrated hardware-plus-software delivery model.
• Canteloupe Systems: Provider of integrated payment processing and IoT telemetry for unattended retail, including vending and self-service. Comparable in delivering hardware + SaaS + payment processing to self-service operators with remote monitoring.

Emerging players

• Vend (Lightspeed): Cloud-based POS and retail management platform with multi-store dashboards and payments. Comparable SaaS management layer and multi-store operator focus, though it does not ship its own unattended IoT hardware.

Regional players

• LaundryLux / ESD (Espress): Supplier of commercial laundry equipment and increasingly cashless payment / store-management systems to laundromat owners in North America. Comparable in serving self-service laundry operators with integrated equipment and management software.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/eqlink-top

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EQLink