Looking at the future of payment from China's pay development summit

Looking at the future of payment from China's pay development summit

As we all know, the Super network Silver has been officially listed, the development of the Internet has bred a large number of third-party payments, there is strong and weak, but in any case because of the existence of these means of payment for the development of the Internet and E-commerce process faster and more convenient.

We see that the theme of the recent China Payment Development summit is "standardizing the market order and promoting the development of financial payments". It is noteworthy that as the national formal promulgation of "non-financial institutions to pay services management measures" at the occasion of the meeting, the Summit also specially invited Alipay, IPs and other third-party payment industry representatives of outstanding enterprises and banks and other financial regulators to discuss the development prospects of electronic payment in China.

Electronic payment has gone through the course of 10 years in China. The course of ten years is long and short, it can be said that no electronic payment development will not have the development of E-commerce in China today is a raging trend.

Simple retrospective history, in the domestic electronic payment of the beginning, the birth of IPs, the first letter easy to pay 2 companies, at that time, they are mainly for the electric business enterprises to build online payment platform for the nascent e-commerce in China to provide gateways and basic application services to solve the problem of gold flow. By 2003, IPs had successfully established a payment interface with 20 major domestic banks, becoming the largest payment company for domestic banks. That year, Alipay and other payment enterprises have been set up, joined the Chinese electronic Payment industry family, as more and more pay enterprises to enter, the entire Chinese third-party payment industry began to show a thriving situation.

Nowadays, the development of domestic electronic commerce industry is more and more rapid, different industries for capital security, risk control, capital management and industry applications, the compound demand is increasing, in this period, the domestic leading electronic payment enterprises in product diversification layout has been basically completed, in order to meet the voices from all sectors, E-payment enterprises have begun to deepen into different industries, to develop customized funds for the industry solutions.

Although the current Super network silver has been introduced, but for third-party payment enterprises, they assume the social responsibility and obligations are still very difficult. It can be said that they will enhance the overall operational efficiency of the society, can increase the convenience, reduce operating costs, reduce the operation of benefits, and ultimately realize the capital flow, information flow and logistics highly unified and enterprise operations fully integrated intelligent operating platform.

Third party payments have gone from scratch, from a few to many. And with the rapid development of the industry, the whole third party to pay the external environment is also constantly changing. Market access and market withdrawal, internal management, capital Security, consumer rights protection, risk control and money laundering are constantly threatening the growing third party payment industry, which hinders and destroys the orderly and healthy development of the whole industry.

Therefore, to create an external environment suitable for the healthy development of the third party electronic payment industry, and to nurture the industry innovation, will also have a very important impact on the construction of the whole financial system in China. To establish the legal status of financing bills, electronic bills, Bill interception and image technology, and vigorously promote the construction of credit system, speed up the operation of the nationwide credit system, and optimize the operating environment of electronic payment system. will promote the whole payment system in the process of informatization, computerization and industrialization.

As the most senior third party payment enterprise in China, IPs always leads the industry with innovative thinking. Over the past decade, the ongoing efforts to develop a variety of industry-leading innovative payment technology and security technology, such as international card payment solutions and credit card fraud system, for China's electronic payments and the world's leading level of the contribution of the corresponding. As a global resource integrator, IPs set up a foothold in China, the international Development strategy, and in the Decade to explore the integration of global resources for customers and users from all over the world to provide a new platform for resource integration and application, IPS also became the only award-winning payment enterprise in the new international media marketing case of Analysys.

In the future, payment is no longer a simple payment tool, but it will be the last and most important part of the whole transaction. In addition, through the payment of data, analysis of user behavior, can do precision marketing, so payment will become a marketing and customer service means, can create benefits, the value of the entire industry will continue to jump.