China Mobile pays 2-3 years to form industrial scale

"Financial Network" trainee reporter Song Jiandong September 14, China Information Promotion Alliance Secretary General, Ministry of Industry Electronics Information Center, Deputy director Liu Jinjun in the 2010 Mobile payment China Summit, said the Chinese mobile payment business is in the early stages of development, in the next few years is still in the investment period, but with the market development and user demand changes　　The new mode of cooperation and the mode of competition must appear, and form the industrial scale.　　Mobile payment business, also known as mobile payment, is one of the most concerned mobile value-added services in recent years, including telecom operators, banks and third-party payment platforms.　　Liu Jinjun said, currently in the global, mobile payment countries and regions close to 100, in 2009, the global mobile phone payment business transaction amount has been close to 40 billion U.S. dollars, the number of users exceeded 40 million people, Chinese mobile phone users broke through 700 million people, mobile internet users increased by 120 million people, mobile phone users up to 82.5 million people.　　According to China UnionPay data statistics, mobile phone payment customization Total breakthrough 19.2 million households, only the first half of 2009 amounted to 62.685 million transactions, turnover of 17.04 billion yuan, year-on-year growth of 42.4% and 63.7%. Keng Wenjun, director of the product cooperation room of China UnionPay's product innovation department, told reporters during the summit that China UnionPay will continue to promote mobile payment applications, has been deployed in the National business District 7, 80,000 of the People's Bank of China to meet the standard of the non-contact POS terminals, to the end of this number will be around 300,000, Accounting for the total number of non-contact financial terminals 10%.　　China UnionPay will also complete the renovation of the terminal system of all contacting financial terminals, UnionPay, in excess of 1 million units by the end of the year.　　In the Chinese silver Joint machine payment, Keng Wenjun said that from 2002 to date, based on SMS Interactive technology, mobile payment has accumulated more than 20 million users, the monthly transaction amount has now exceeded 3.6 billion yuan, and based on contactless smart card and wireless internet mobile payment has become a new form of payment. As for the prospect of mobile payment, Liu Jinjun said, in the next two or three years, from the current business development perspective of far-field payments and near-field payments, the former is limited by the development prospects, the latter is limited by infrastructure, difficult to achieve rapid growth in user development. The possible breakthrough is that, for far-field payments, cooperation with third-party payment platform will greatly expand business development, but operators will lose some of the dominant power; for near-field payments, breaking industry barriers and innovative operating mode becomes the key.　　However, it can be confirmed that in China's market environment, mobile payment business in recent years will still be in the investment period, it is difficult to generate a stable revenue contribution to operators.　　文俊 said that the next two or three years mobile payment industry will form its own size, but did not quantify the size of the forecast.　　Analysys International FORECAST: 2011 China Mobile payment user size reached 221 million, mobile payment market revenue scale will reach 5.24 billion yuan. (for the Securities Market weekly)