Mobile is applying for a third party payment license

Source: Internet
Author: User
Keywords Move
Xinhua News (reporter Zhao) in China Telecom and Chinese unicom have set up mobile payment company, for mobile phone payment license to prepare the occasion, yesterday, reporters learned that China Mobile chairman Wang Wang during the two sessions confirmed that mobile is applying for third-party payment licences, preparation and financial institutions to cooperate to establish a Third-party payment platform. Mobile payment, that is, the operator for mobile phone users to open an account, users can use the account for shopping and consumption, can achieve bank cards, bus cards, shopping cards and other functions. The ultimate goal of mobile phone payment is that daily consumption can be solved by brushing mobile phone, without wallet can travel. March 2010 to move shares in Pudong Hair Bank 20%, and claimed that equity Pu Fajian refers to mobile payment business.  So far, China's three major telecom operators have launched mobile payment business. But big mobile phone to pay the "cake", mobile operators and banks have both competition and cooperation. Mobile phone payment has been promoted for a long time, but it has not been able to launch the market substantively, the problem is that banks are not enthusiastic about it, according to Chinese mobile insiders. The banks that monopolize financial resources do not want to operate mobile payment business as the main operator. Because mobile phone payments need to be tied to the operator's account and bank account.  The bank wants the phone to pay for a bank account, and the operator wants to pay through the account, and the bank account becomes the affiliate account for the money transfer. According to the Analysys data, the 2010 mobile payment market revenue scale reached 2.93 billion yuan. It is expected that by 2013 China Mobile will pay a market income of 23.5 billion yuan.
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