International payments giant Gspay the end of the era of foreign trade imitation brand

According to seowhy and foreign trade circle of reliable news, a generation of so-called imitation card to pay the best channel of Gspay in the recent burst with money to abscond with the signs, has not been in the domestic merchant for the money and settlement.

Say it from the end of 06.

Gspay is a British payment company with http://www.aliyun.com/zixun/aggregation/13348.html "> Chinese customer Service Department in China and no agency company in China." Gspay is a kind of foreign trade receivables, is to do credit card payment of Third-party payment company, in the end of 2008 into the Chinese market.

The development of Gspay can be described rapidly, although in the payment industry. In particular, credit card payment industry is unknown, with paypal,moneybookers, such as giants can not match. But the focus of its business, that is, to encourage imitation brand to specialize in the international imitation brand of the payment channel, but a rise. 07 Gspay in full swing of rapid development, and has been China's domestic imitation brand merchants unanimously recognized, and in 08 to become the world's largest imitation card payment channel.

Because of its visa and Master Card two cards compatibility (most of the imitation card payment channel can only support one), can be at the same time in the foreign Trade imitation brand merchant website on the same time customer-oriented. That is, in 08-09 years basically China's 80% of foreign trade imitation brand merchants, have chosen to use Gspay as the preferred payment gateway interface.

In addition Gspay's payment success rate is also in the International Imitation card field leading. But also because Gspay did not have the account fee and was approved by the merchant. Although its single transaction fees remain high, from 2007-2008 years of 5% rose to 2009-2010 of 8%, also did not block the domestic trade imitation brand merchants for its support and enthusiasm.

As of August 2010, the Gspay official website announcement will not support the Imitation card transaction, the original text reads as follows:

URGENT

Dear Merchant,

Kindly be informed this starting from lag Gspay forbids the selling the following types of hereby:

any type of software;

-DVDs;

-Any items by GUCCI brand;

-Any items by CHANEL brand;

-Any items by Balenciaga brand;

-Any items by

BOTTEGA VENETA brand;

-Any items by Yve SAINT LAURENT brand;

-Any items by LOUIS VUITTON brand;

-Any cosmetics; and

-Any mobile phones

After that, most of the merchants were skeptical, but they did not freeze the merchant accounts and were ignored by the twists. And that was in June 2011, the month of the incident. Exposed most of the merchant's capital is frozen, and the frozen merchant is mainly imitation card. The amount of money is not a few.

This incident in the foreign Trade imitation card industry is not uncommon, once the domestic Beijing, a payment company has been confirmed closure, but the facts are said to be fully refunded the merchant's funds. This gspay face such problems, not only the Internet to pay security problems, but the entire trade imitation licensing industry problems.

2007-2008 is China's foreign trade imitation brand looted international first-line luxury year, that year only the imitation card industry's total output value has reached tens of billions of dollars. International retail consumers face the same as the French luxury products, such as low-priced imitation brand products, how can not be tempted. It was just the onset of the global financial crisis, with Low-cost, high-quality products that continued to export to the mainland. Laissez-faire, brand companies can not sit idly by, formed by a top-tier luxury brands of trademark protection Alliance in the global brand of imitation is a high-pressure blow, the composition of the group of lawyers also sword, shook the entire chain of all aspects of the attack range from the domain name registration agency ICANN, to advertising Google AdWords, and then from the payment faucet PayPal, and then to ebay. Then the rise of the SEO service industry was spared the "Holocaust" but Google's official ranking algorithm for the nature of the adjustment, but also intended to have pointers in the Imitation brand industry.

Although a gspay has fallen, the inspiration for us is. The entire trade imitation card hundreds of thousands of people's industry scale, the annual output value of tens of billions of dollars, the future will go. is worthy of our reflection and imitation licensing industry businessmen consider. Regardless of gspay, imitation brand practitioners, especially business owners, should consider the transition rather than upstream.