Mobile payment up to 1 time times higher than the pay wind control still need to be gatekeeper

Non-cash payments business growth is slowing, while mobile payments remain high.

August 18, the central bank announced the 2014 second quarter payment system operating overall situation. Data show that the second quarter of the country to deal with non-cash payment business 15.038 billion, the amount of 456.2 trillion yuan, year-on-year growth of 23.35% and 17.42% respectively.

And the amount of electronic payment is much higher than the whole Non-cash payment business average level. Over the same period, the national banking institutions to deal with electronic payment business 7.696 billion, the amount of 327.11 trillion yuan, year-on-year growth of 23.24% and 30.31% respectively.

Among them, the mobile payment business 947 million, the amount of 4.92 trillion yuan, the year-on-year growth of 1.55 times times and 1.37 times times, the mobile payment business continues to maintain high growth.

By contrast, the growth rate of bank card issuance slowed down continuously. As of the end of the second quarter, the national cumulative issuance of bank cards 4.54 billion, the chain growth of 3.4%, the growth rate slowed to 0.79% in the last quarter.

The future of mobile payment will continue to grow rapidly

Yang, a researcher at the Financial Institute of the Chinese Academy of Social Sciences, told the first financial daily that the reasons for the rapid development of mobile payment business benefited from the development of e-commerce and the promotion of Internet finance. Mobile payments will continue to grow at a higher rate in the coming years.

In fact, since 2013, the mobile payment business has developed rapidly. The central bank "2013 payment system operation overall situation" data shows that 2013 China Mobile paid 1.674 billion pens, an increase of 212.86%, the market size reached 964 million yuan, the year-on-year growth of 317.56%.

Yang said that financial products and value-added services in Internet finance have also facilitated the use of payment patterns. Mobile payment to financial management, insurance and life services and other areas of extension, cross-bank cooperation has been escalating, mobile payment of the financial trend is obvious.

The development of mobile payment has led to its rapid development. In May this year, the China Pay and Clearing association issued the "China pay and clearing industry Operation report (2014)" said that mobile payment products and services in business model, application scenarios, terminal carrier and so on to accelerate innovation, to provide differentiated, characterized by convenience and value-added services.

In recent years, the traditional online and offline payment model to achieve organic integration, users in a complete payment business process, can complete the transaction, consumption and other basic business activities. SIM card, SD card and other security modules become a new carrier of funds account, in schools, transportation, logistics, supermarkets and other industries, many areas to achieve a card multiple applications. The introduction of new mobile terminal equipment drives the renewal and transformation of the mobile payment industry's innovative ideas.

The payment of wind control needs to be gatekeeper

"In the first 10 years, we have come to a point where we have to pay for all the infrastructure work that we have done in China, to drive the scale of work, and to start working towards maturity," he said. Gu Qinghua, vice president and head of wind control, told the first financial daily that based on the accumulation of infrastructure for payment systems in the past 10 years, the future of electronic payment in China is promising.

After ten years ' development, China's third party payment industry has already come to an important stage of industrial upgrading. The mark of this stage is to pay the arrival of the 2.0 era. Payment will no longer only bear the original single payment function, but can be with financial management, financial services, marketing management and other types of application scenarios superimposed, so that the effect of payment to be extended to enable enterprises to achieve accelerated development.

Gu Qinghua said that in the area of electronic payment, 2/3 of the pre-sale consumption is done electronically. 2013, the network revenue industry transaction scale is 1.8 trillion, the network revenue industry behind is all types of electronic payment, at the end of 2014, the network revenue industry data is expected to be 2.8 trillion. In the size of such a huge deal, it is very important to pay wind control.

"From the perspective of our business wind control this matter, wind control for the enterprise still has great significance, especially in China's domestic payment industry, at least for us have different meanings." "Gu Qinghua said," Good wind control, is the regulatory requirements, there are requirements for payment, there is information security requirements, there are application management requirements. ”

(Responsible editor: Lvguang)