Financial computerization is an unstoppable trend

In a few short years, credit card consumption has been rapidly popularized, eating, shopping can be swipe. The advantage of convenience and security makes China's financial industry rapidly transition from cash consumption to credit card consumption, and the financial industry has entered the era of card consumption. The popularization of 3G has achieved the dream that people can log on to the internet everywhere, and also for people to innovate a new consumption mode: Using Alipay and IPs to pay such an electronic payment platform consumption.

Compared with bank cards, electronic payment is more convenient, safer and more widely used. Now, in addition to the function of the bank card, electronic payment has more advantages. IPs can now complete transactions between different currencies, which many bank cards cannot achieve. No handling fees, instant to the account, electronic payment products of these advantages is also a bank card can not match. Bank card is now only the same city peer remittance does not accept the procedure, and the electronic payment products are global remittance without handling charges, and can be immediately to the account. For ordinary users, the advantages of electronic payment do not have to say much.

It is because electronic payments have many advantages that electronic payments quickly penetrate all aspects of people's lives. As with the prosperity of the bank card consumer market, it is an indisputable fact that electronic payment consumption will quickly prosper. Once electronic payments become the mainstream of consumption, the financial industry will enter the era of electronic finance, which will inevitably become unstoppable trend.

In the enterprise market, the advantage of electronic payment is more obvious. With the advantage of Internet platform, the electronic payment platform simplifies the tedious link of payment and reduces the operating cost of the enterprise. To the consumer mall, the user pays for the transfer through the bank, through the user and the consumer mall in both banks and UnionPay institutions, with electronic payments, users can directly to the consumer mall payment shopping. It is not difficult to see, electronic payment helps the enterprise to simplify the payment link, improve the operation efficiency of the enterprise, some of the more targeted electronic payment products emerged.

In the electronic ticket has been popularized, and has been recognized by the user today, IPS launched the air ticket online payment business for major airlines to provide online payment services to purchase tickets. It is understood that IPs has launched a multi-channel, multiple-card type, multi-currency payment service and corresponding funding solution for the aviation industry, including C.A.T. (Credit card authorization payment system), Icpay (International credit card payment solution), Sinopay (RMB card payment system), Simplepay (stored value card payment system) and IPs personal account system, WAP payment solution and other innovative products, Basic coverage of domestic and foreign cardholder ticket purchase and travel of all electronic payment requirements.

Compared with the traditional air ticket sales model, the new model of electronic ticket purchase can not only save a lot of human resources cost for the airlines, but also speed up the speed of the airlines ' capital flow, because the electronic payment realizes the direct payment between the users and the airlines. In addition to the airline ticket industry, the insurance industry, water and electricity payments and other applications have a mature electronic payment products, electronic payment products are rapidly penetrating into the operation of all aspects of the enterprise.

Whether users, or enterprises, are deeply aware of the electronic payment brings convenience. China's E-commerce Research Center data show that as of June 2010, China's online payment market transactions amounted to 450 billion yuan, an increase of 71%. This means that electronic payments are becoming a common form of payment, and that the era of financial computerization has arrived. At the end of the month's upcoming electronic Payments Summit, many in the industry will explore how to make electronic payments play a bigger role in the financial sector. By then, the pace of financial computerization will be faster and more stable.