Electronic payment requires green

Two years ago, the http://www.aliyun.com/zixun/aggregation/7756.html "> E-Payment topic also revolved around when to develop." Today we find that the topic of electronic payment has become a product and a service. Electronic payments actually took a big step from two years ago, and the whole concept began to evolve from the bud. The development of the most concern is not how fast development, more concerned about the long-term, sustainable development, which is the connotation of payment, is to create value from the payment, so that the entire payment industry, e-commerce industry benign and orderly development, and even drive the entire economy to innovative economy, green economy.

Electronic payment is an industry that needs green

The electronic payment industry took a big step in the past two years, showing up in three more obvious places. One aspect is the perception and engagement of the industry. Two years ago, many people have not heard of electronic payment, even without such a bank card, now may be 80% know electronic payment. The demand for the second electronic payment merchant has also changed, and a market that might be around 10 billion two years ago could break 50 billion this year. The third is policy, the People's Bank is considering the electronic payment licensing, through the licensing regulation of the market benign development, also from gray to green development.

But electronic payments are still a grey industry because of the pending plates. If the use of color to describe the domestic electronic payment, may be not much green, perhaps gray, black, or red, is the Red Sea. Two years ago, a set of draft norms was introduced, and the draft was basically formed, and it should be issued anytime, anywhere, and when there was no way to predict it. But the significance of this license, one is the normative risk, the second is to promote benign development, which is any one really want to create value through payment, the creation of a brand of companies welcome.

The black tone of the electronic payment industry

I mentioned the electronic payment of gray, black, and red. This black refers to the lack of integrity and bad competition.

This is not just a matter of paying the industry, but the whole Chinese Internet problem, the whole black tone certainly many. At this time as a payment company, how to make the transaction more honest, make the transaction more reliable, I think this is the pay company should focus on the core point. Through the technology, the internal control, through the business model design, lets the black ingredient to be few and far.

08 e-commerce will move towards profitability

from 05 to 07, I think it is a critical step, from the bud to the beginning of development, 07 to 08 should be from the beginning of development towards a rapid development, there is a fast-maturing stage. This step to the electronics company, should be from the profit to the profit of the jump, 08 began to profit, for the future development Dozen Good Foundation.

(Excerpt from September 25, 2007 Internet Conference media interview content)