Breaking the payment bottleneck online payment industry into the fast lane

Source: Internet
Author: User
Keywords E-Payment e-commerce bottleneck online payment

Data show that most of the time there are 50~60 home electronic payment enterprises, and now the business has done better, only 30 or so, a large part of which has chosen to exit.

However, in recent years with the development of electronic ticket, online tourism and other industries, the past only based on the Internet E-commerce Electronic Payment enterprises also appeared a lot of gratifying changes, began to penetrate the industry, mining applications.

Since the birth of Internet E-commerce, China's consumers and enterprises pay more and more concern online. This is what we call "payment bottlenecks". With the establishment of third-party payment platforms, this situation is changing rapidly. Similarly, the payment embarrassment faced by the online tourism market has been gradually changed after the full implementation of the October 26, 2006 e-ticket. This provides a good opportunity for the development of the tourism and online payment industries. Therefore, the electronic payment bottleneck breakthrough, is for the popularization of the consumption way to remove the last line of defense.

Tourism is a typical "trans-space" industry, which has great demand for e-commerce and accompanying electronic payment and settlement. E-commerce in tourism is divided into two aspects: first, business-to-business/website to consumer E-commerce, and the other is E-commerce (business dealings between the trade).

In the e-commerce of tourism business, the demand of electronic payment is expanding continuously. With the implementation of electronic ticket, more and more passengers will be from the "telephone booking, send tickets payment" Traditional way, the transition to "online payment, real-time out of the ticket," the full digital way. In the hotel reservations, although most tourists pay at the front desk, and most hotels in the peak period of travel require credit card guarantee or payment, resulting in the demand for electronic payments.

For travel companies, online travel, air tickets, hotels, vacations, business trips, can be done online payments, for the traditional channel is a revolutionary change. Take the electronic ticket as an example, before sending a ticket, a lot of receipts are through motorcycles and other ways, both unsafe and inefficient, and the introduction of electronic payment system, the entire ticket agent industry is a revolutionary change, will greatly reduce logistics funds, improve efficiency. IPS has been fully equipped to expand the overseas tourism market conditions.

Great potential for market development

At present, China's online payment business is mainly focused on air tickets, internet shopping, online games, such as Consumer-to-consumer and the field of business, the market is far from saturation, there will be a large market space to be developed in the future. In addition, with the rapid development of online payment, payment demand is no longer limited to the Internet industry, but widely to the traditional industry infiltration, more and more traditional industries began to move forward to E-commerce, such as education, publishing industry and tourism industry. Once the licence has been issued, the electronic Payment enterprise, which has obtained the licence, has undoubtedly gained the approval of the State so that its application area will become wider.

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.