Fingerprint payment or will get rid of its always been embarrassing situation

Each press by Tao Li from Shanghai

Fingerprint-limited or application scenarios will get out of their usual embarrassing situation.

Yesterday (July 16), the reporter learned from Alipay, the company's mobile payment platform Alipay wallet in the first trial launch fingerprint payment. However, because it is still in the trial stage, this feature is currently only available on the Samsung S5 models, only for the amount of 1,000 yuan in the small payment.

In response, Alipay stakeholders told the "Daily Economic News" interview, said: "The current fingerprint payment is mainly targeted at mobile Internet users, which has a broader context than line. As long as the market is equipped with fingerprint recognition feature phone , Will cooperate with us. "

As early as March of this year, it was reported that WeChat will also launch the fingerprint payment function in the next version. More than four months later, the latest version of WeChat has not yet seen its trace.

Although Tencent stakeholders did not respond to this, but the industry believes that biometric identification represented by fingerprint payment will lead the wave of mobile payment, Alipay took the lead in testing the water, coupled with mobile phone manufacturers follow-up or set off a wave of new wave.

However, due to the fact that mobile phones with fingerprinting are not commonplace, the service is limited in scope and security is the biggest test.

Small payments only

Although fingerprint recognition technology has been applied to many types of terminals, including mobile phones, computers, Pad and so on, but Alipay launched this service is still limited to the Samsung S5 mobile phone.

According to reports, users in the Alipay wallet within the shopping and transfer, no longer need to enter the tedious number of passwords, just take your finger in the "Home" key fingerprint sensor slide, payment can be successful.

Alipay sources said the aforementioned, although Apple iPhone5S also has fingerprint recognition capabilities, but did not open the interface for third-party payment applications, so the need for the next system upgrade to use.

In an interview with the "Daily Economic News" reporter, an industry expert who asked not to be named said that fingerprinting is not the most important function for users because many mobile phones are not equipped. In addition, the market Android phone using the virtual "Home" key settings, the user can not enter the fingerprint.

"There is an important issue is that the fingerprint is certainly not a single password, but also set a layer of encryption, otherwise the user is very easy to misuse, resulting in security risks." The industry believes that at this stage, this feature is more to create a Concept, and will not be used on a large scale.

For people's attention to the security issue, academician of Chinese Academy of Sciences and vice president of Chinese Artificial Intelligence Association, Tan Tielou, believe that biometrics is the most safe and convenient identification technology at present, and it recognizes people as themselves. Fingerprint is a unique biological characteristics of each person, unique, and in a certain period of time and stability, not easy to counterfeit and fake.

Based on this consideration, during the trial period, fingerprinting will only be for small payments up to RMB 1,000. Since then, this amount will also be gradually opened by the user to set.

Alipay sources said Alipay wallet cooperation with Samsung in the fingerprint payment program, all the fingerprint data is stored on the local device, will not be uploaded to the cloud, in order to effectively prevent the server was attacked may lead to security incidents.

Alipay is not the first "eat crabs" payment platform. As early as 2007, the third-party payment platform "FuTong" launched the service in Shanghai and reached a cooperation with Alipay in 2009 on fingerprint payment.

It is reported that the user has four channels opened "refers to pay-pass" business: through some bank outlets, convenience stores, supermarkets, businesses or Li Bai Fun companies. However, because of inconvenient use, this technique has not been used. The Alipay fingerprint payment by the offline entity into a mobile payment, co-object also by the finger into a mobile phone manufacturers.

Promotion still takes time

It seems that many industry insiders interviewed by reporters, there are certain requirements on the hardware identification of fingerprints, currently only Apple, Samsung, HTC, BBK brands have, follow-up manufacturers follow up still take time. At the same time, mobile payment and NFC (Near Field Communication) do not form a unified standard, which is also an important reason why users and manufacturers are not motivated.

However, the future prospects of mobile payments can not be ignored. Analysys International's latest report shows that in 2013, China's mobile payment market entered a stage of explosive growth. The overall transaction size exceeded RMB1,301.0 billion, an increase of 800.3% over the same period of previous year.

In addition, the central bank announced on the 15th the fifth batch of third-party payment license list. The total of 19 enterprises approved, together with the previous four batches of licensed enterprises, third-party paid license agencies reached 269.

Analysys International analyst Li Ye believes that the development of the industry will inevitably lead to fierce competition. The development of third-party payment industry will include two directions, one is diversification; the other is innovative development of cross-border business. "Such applications like fingerprinting and retinal payments will all be a supplement to mobile payments and an innovation and breakthrough, but it will take a long time to become mainstream among the majority of users."