嵇 Wenjun joined third-party payment

Deng Li Ping, a reporter from Shenzhen

On July 22, the reporter of "Daily Economic News" learned from insiders that Gao Wenjun, former senior director of China UnionPay Innovation Department, has left China UnionPay and joined the box of a third-party payment company in Shenzhen to pay for COO (Chief Operating Officer) Post.

Reporters contact China UnionPay, confirmed Jun Wen Jun has left the box payment also confirmed the news.

Box Payments is a third-party payment company primarily engaged in mobile payments. In fact, the past few years, the rapid development of mobile payment industry, insiders believe that Jun Wen join the box to pay, or optimistic about the future development of the mobile payment industry.

Former UnionPay job

According to the statistics, Yu Wenjun worked for China UnionPay since 2004 and served as the head of several important products of China UnionPay in recent years. These include comprehensive solutions of China UnionPay aviation industry, consumer credit products and supply chain financing products, cardholder services Platform construction (ie UnionPay wallet), integral products and B2B products, and non-financial payment products and other products strategic cooperation.

Box payment was established in July 2011, mainly for small and medium micro-enterprises to provide smart cloud POS terminals and smart credit card services, and China UnionPay signed a strategic cooperation in hand-swipe card, the first third-party payment company.

Data show that the box payment has now completed two rounds of financing, or will be the third round of financing.

In May this year, when the box payment "micro-payment" came online, the box-payment related parties put forward the concept of introducing socialization into the transaction and launched the "living circle" based on the supply and demand relationship between consumers and merchants. "It is to make full use of the advantages of the Internet to connect merchants and users to form a closed loop of trading, promotion and re-trading and achieve reverse O2O from offline to online," the official said.

Jun Wenjun previously said in a media interview also expressed a similar view, "No one is to pay for and must be what problem needs to be resolved.Therefore, to build a good, easy-to-use mobile payment application environment is the most crucial issue. You should put the power together to create an application mall and improve the on-site payment environment. "

Mobile payment is growing rapidly

According to the "Overall Operation of the Payment System in 2013" issued by the Central Bank, there were 1.674 billion mobile payment businesses last year, amounting to 9.64 trillion yuan, up 212.86% and 317.56% respectively from the previous year.

The 34th Statistical Report on the Internet Development in China (hereafter referred to as the "Report") released by China Internet Network Information Center (CNNIC) on July 21 shows that as of June, the online usage rate of mobile Internet users in China reached 83.4%, the first time Beyond the traditional PC overall usage. Mobile payment grew rapidly, reaching 205 million users, a 63.4% increase in the first half of the year.

Ma Yuan, an analyst at BOCOM International, pointed out in his research report that mobile payment will be the area where third-party payment has the greatest potential. Due to the connection of many offline scenarios, objective payment of "anybody, anytime, anywhere" Mobile payments will grow rapidly.

"The combination of mobile online payment and consumer life has spawned a number of application scenarios and data service functions and has led to the rapid development of mobile-side business applications. Compared to the number of users of mobile shopping, mobile phone shopping and mobile travel reservations by the end of 2013 The growth rates reached 42.0%, 25.5% and 65.4% respectively. "The report said.

As the mobile payment market continues to grow, the realization of O2O based on payment has also become the direction that many agencies value.

When WeChat Payment was launched, Liu Chih-Ping, CEO of Tencent, said: "TenPay, as the basis for the realization of the open platform of Tencent, will become an efficient revenue channel for partners. TenPay can leverage the WeChat platform on mobile payment Of the scalability of Choi Fujitsu will provide developers with good solutions and more support in the field of mobile payments O2O closed loop for partners.

China Ping An's "One Wallet" 2.0 on the line, in addition to increasing financial management, lending capabilities, but also added a line of "storefronts pay" function.

Ping An of China has said that it will continue to enrich and expand the use of the environment around the needs of people living in medicine, food, shelter, transportation and entertainment, innovate offline payment forms, and provide consumers and businesses with various kinds of financial value-added, marketing payments, etc. One-stop financial services.

In the research report, Ma said that because of the cost advantage of mobile payment, it is easier to create the financial needs of long-tailed customers. After offline payment is released, it is most likely to achieve a quick breakthrough and thus seize the share of traditional finance.