Two-dimensional code payment war again sounded

In view of safety and regulatory considerations, the central bank suspended this March from the barcode (two-dimensional code) and other face-to-face payment services, namely Alipay and Tencent two-dimensional code payments (Tenpay). Although "pause" rather than "stop", but this pause does not matter, UnionPay with time to change space, now, also completed the development of two-dimensional code payment system.

Media reports, since the two-dimensional payment was called off these days, UnionPay one in with Alipay, Tenpay and other third-party payments together with the central bank to pay clearing center to discuss the development of two-dimensional code payment standards, the other end of the non-stop layout of two-dimensional code to pay. This rhythm, have to make people's imagination, hard not to concerned subterfuge?

Two-dimensional code to pay plainly is the seller will trade information generated a two-dimensional code, the buyer through the mobile phone scan this two-dimensional code to complete the transaction. At present compare the fire to support the two-dimensional code payment platform has Alipay and Tenpay. Of course, the two-dimensional code provided by the seller can be either offline or online.

Take UnionPay developed two-dimensional code payment system, including line and window sweep code payment, and line sweep code to pay two parts. and the line sweep code to pay for the response is the central bank suspended Alipay and Tenpay of the offline two-dimensional code payments. The same is the line of two-dimensional code payments, UnionPay and Third-party payment platform model is different, which is now the talk of UnionPay did not touch the central bank's bottom line is why.

The reason why the first stop Alipay and Tenpay, the central bank's notice that offline bar code (two-dimensional code) payment broke through the traditional cashier terminal business model, the level of risk control directly related to customer information security and capital security. In this view, the main reason for the suspension is security. But the industry believes that the security issue is not the root cause, the initial suspension may be due to the central bank's inability to fully control the line of the two-dimensional payment of the concerns, and third-party payments agencies have touched the interests of vested interest such as UnionPay.

We know that the central bank (People's bank) manages other commercial banks and regulates UnionPay. UnionPay is a bank approved by the People's Bank, responsible for the liquidation of funds between the institutions, mainly including ATM and POS machine, is actually a Chinese card organization. Third-party payers such as Alipay and Tenpay do not seem to be in the system.

Now, with the uncertainty of the central bank's stance, UnionPay is seen as a late-comer, but is thought to have failed to touch the bottom line of the central bank. As the media analyzed, UnionPay this time the introduction of two-dimensional code payment, is essentially a UnionPay original payment business technology upgrade version.

UnionPay this so-called "sweep code way" of the two-dimensional code payment, in fact, we are in the Merchant's POS machine to brush the bank card payment method, through technical upgrades to brush Mobile Terminal UnionPay's two-dimensional code, and then by the merchant's terminal scan two-dimensional code to complete the payment. It is said that the future banking Association to introduce a number of bank card binding mobile terminal app, the equivalent of carrying a mobile electronic wallet.

Can really let you get out of the phone in the client to generate payment two-dimensional code, and then let the merchant brush two-dimensional code, enter the password to complete payment, this series of procedures may not be directly take a card out brush easily. Business logic does not change in nature, the user experience is not much breakthrough, UnionPay's line of two-dimensional code innovation does not seem to be much higher.

Alipay and wealth through the two-dimensional code payment mode around the original line of pay card pay rate-sharing mode, that is, "card issuing bank: the receipt of a single body: UnionPay =7:2:1", the original offline payment into real online payment, can achieve O2O closed loop. Look to see that Alipay and tenpay two-dimensional code payments broke the original online credit card payment of the ecological environment, replaced by UnionPay and receipts agencies, but also compressed the credit card bank's split. The emergence of new things to break the original rules, it is bound to be hindered by layers, the third party Internet payment is no exception.

If the central bank's standards came out, two mutually reverse two-dimensional code payment model, who can grasp the hearts of consumers? Third party payment analysts believe that UnionPay POS sweep code Landing Advantage, while Alipay and Tenpay in the consumer side of the coverage of more advantages, both sides have their own advantages.

The pace of the times is always moving forward, the future, two-dimensional code payment is inevitable trend. In addition to UnionPay, Alipay, Tenpay, other financial institutions and third-party payments are also pushing up the two-dimensional code payments, such as Citic Bank's March end of the app. So swarming, offline consumer terminals and corresponding payment tools without corresponding standards to unify, or will trigger the payment system difficult to clean up the situation.

As we all know, the central bank has been organizing Payment Clearing Association, Ministry of Finance, bank card Testing Center, with UnionPay, Alipay, Tenpay and other third-party payment agencies to discuss two-dimensional code payment standards. According to industry sources, the next month, two-dimensional code payment related standards are expected to be issued. Two-dimensional code to pay the Horn of the war is doomed to blow, a single big or harmonious win, time will give the most accurate answer. "Responsible editor/Wang"