From traditional banks to the Internet in the field of finance to individual banks shut down the credit card mall

From the balance of treasure to "all kinds of treasure", from Alibaba to Tencent, from the traditional bank into the Internet financial sector high-profile to individual banks shut down the credit card mall, over the past week, internet companies in the traditional financial sector of the infiltration of a brainstorming about internet finance.

Although Ali financial officials did not disclose too many details to the daily economic news reporter, but it is clear that Ali Finance's credit payment service has been Jianzaixianshang and is expected to be launched this week, the micro-letter 5.0 was launched last week, the most industry concern is the "micro-credit payment function."

By contrast, traditional banks, as "challenge" parties, reacted differently. On the one hand, a number of bank executives talk about internet finance on various occasions, as well as the High-profile announcement by banks ' shareholders that they will form electric companies, but on the other hand, it is the disadvantage of the business that is reflected by the closure of the credit card mall by individual banks.

Songzuo, chief economist of Agricultural Bank of China, told the Daily economic news that many commercial banks are using the Internet to transform their original models, and that the competition between Internet companies and traditional banking institutions will be fierce.

Tencent's micro-letter payment

Last week, the micro-letter 5.0 officially launched. The function of micro-letter, in addition to barcode scanning, Street View and other functions, micro-credit payment function is also introduced. Micro-credit payment and security system provided by Tencent Tenpay Support, initially achievable scenarios include public number payment, sweep two-dimensional code payment and app payment.

The first batch of online merchants will cover a number of electrical business segments, including air tickets booking, online shopping, movie tickets, traffic card recharge, and most of the category of goods and services, users can buy through micro-letter payment.

Prior to this, Huaxia fund has launched a micro-trust financing platform. Media reports said that micro-letter will also work with banks, the introduction of financial products, to achieve the micro-letter on the sale of financial products. Tenpay, a correspondent for the daily Economic news, said the work is now being pushed forward.

It is reported that the current micro-credit payment does not consider access to other payment platform, micro-letter 5.0 Team Hope "micro-letter payment can become Tencent in the mobile internet finance pioneer."

Earlier, Tenpay general manager Rei Zhiming said, "The future will be in the mobile end betting more than 50% of the energy, the letter and mobile phone QQ platform, combined with some of the services of financial institutions, better to provide users." ”

With the integration of the relationship chain of micro-letter payment, the future of the imaginary space will be more and more wide.

Ali's Credit payment

The financial strategy of another Internet financial giant, Alibaba, is becoming more prudent as Tencent moves into the depths of internet finance.

In addition to the previous hot discussion of the balance of treasure, August 8, there is news that Ali financial plan to introduce credit payment services, users use Alipay payment without bundling credit cards or card, can directly overdraft consumption, the maximum amount of 5000 yuan, loan funds are all provided by the Cooperative Bank.

For the above news, Ali financial related to the "Daily economic news" reporter said, because the current product is not online, the specific content to wait until the online disclosure. Although the person is not willing to disclose details, but it is clear that Ali Financial Credit payment service is Jianzaixianshang, just announced in timing.

In fact, Ali financial desire to enter the field of credit payment has long been a well-known thing. Ali Finance in March disclosed information, said Alipay will be based on user transaction data, the user to the letter, credit limit can be used in Taobao and other shopping to pay, users need to repay the repayment date, the maximum can be 38 days free period.

Traditional banks have different coping strategies

With the gradual prairie of Internet finance, the coping strategies of traditional banks are different.

August 6, Societe Generale credit card official website released a "closed" bulletin, will people's view back to the traditional bank in the field of electrical business development and survival status. But the announcement did not specify the reason for closing the mall, only "due to business adjustment."

However, in the Chinese E-commerce Research Center Director Lei, the credit card mall does not do well, does not represent the bank of the electricity business.

In fact, traditional financial institutions have also been aware of the impact of Internet change and have begun to change the traditional financial model. At present, including China Merchants Bank, Ping An bank has launched their micro-credit payment platform.

In an interview with the Daily Economic news, Ruzenwang, an e-commerce observer, said Ali financial from the balance treasure, to do credit payment, all business is actually doing some online banking, similar to bank deposits, loans, transfer, payment and other business, online finance already has a traditional financial functions.

Ruzenwang points out that while online finance is hard to compare with traditional banks in volume terms, it will spur further changes in banks, and there are still some rigidities in banking services. For example, the current network banking services, the future of the net silver will replace most of the functions of the network, which will make the function of the bank has changed greatly.

Ma, former governor of China Merchants Bank, has written that the future development of the Internet will be more far-reaching to the challenges of traditional banks, mainly in addition to the past indirect financing and direct financing, there will be a third form of financing, is the emergence of internet financing.

Ruzenwang that internet companies in some areas of the threat to traditional financial institutions is not so big, such as large deposit and loan business. But in some areas, such as third-party payments or micro-credit payments, it may impact the way traditional banks and UnionPay pay.

In Ruzenwang's view, there is more of a partnership between the current Internet finance and traditional banks, "such as the Third-party payment companies and the banks, without the support of the banks, they can not do their own business." They are not a competitive relationship, more of a collaborative relationship. ”

However, in Songzuo's view, the financial advantages of Internet companies is not as big as the outside publicity, the internet is only a relatively convenient means of payment. We should consider the advantages of Internet and traditional enterprises in order to learn from each other.