The turmoil of the third party to pay the market again explosive material

The turmoil of the third party to pay the market again explosive material.

August 27, Alipay official Weibo released the message: "Due to some well-known reasons, Alipay will stop all offline POS business." We will properly deal with the original cooperative merchant and will not affect the normal business of the merchant. We apologize for the inconvenience caused to users and partners. But in the quest to pay for innovation, we will never stop. ”

Alipay internal staff told reporters that the news "well-known reasons" is the recent payment in the field of the controversial UnionPay "incorporation" third party to pay this move.

On the 22nd of this month, there was news that UnionPay required a full access to UnionPay on the internet for the AU (mainly "third-party payment agencies") and a detailed road map and timetable before July 1, 2014. A stone stirred thousands of waves, and as a representative of a Third-party payment agency, Alipay has been silent.

Alipay last March launched a logistics POS payment scheme, the total investment of 500 million yuan, the aim is to upgrade the electronic goods to pay (COD) system. The scheme, Alipay first layout offline payment, the main push logistics POS payment Scheme and the Electrical Business logistics payment system two investment construction projects.

Concretely speaking, Alipay realizes the real-time matching of the cod funds and the logistics information by paying the merchant with the payment of POS terminal equipment, which integrates the credit card and the cargo manifest information management function. The distribution personnel after the user swipe card, the receipt funds may according to the T+1 way, transfers to the electricity merchant or the logistics Merchant's Alipay account.

The aforementioned staff said that the current Alipay has been assigned to the type of POS terminals more than 10000 units. Prior to the announcement, Alipay had contacted a number of one or two banks, which had been accepted by the bank and had agreed to maintain the existing rates unchanged. In addition, Alipay does not set any recovery timetable for this business, whether or not to completely abandon the business plan, depending on the follow-up industry changes to make a decision.

Have engaged in offline mobile phone payment Business senior personage analysis, Alipay this move is to catch up with UnionPay intent to incorporate all third party to pay receipts business, the initiative to abandon this area. "UnionPay needs to be fully collected to raise the rate so that the user costs will increase." Although Alipay did not dare to openly oppose UnionPay, but now simply put this part of the bank to do, take a co-operative attitude, with practical action to protest. He analyzed.

A source told reporters that a number of third-party payment agencies dissatisfied with the move, that the request to borrow the name of management, the practice of monopoly. In the payment business of UnionPay card, the actual fee rate paid by the AU institution to the main member bank is only about 0.1%, which is below the 0.3%-0.55% price level in the UnionPay network. If UnionPay completes its "unified incorporation", the industry's fees will be substantially increased to maintain the alliance's interests, and ultimately these costs will all be shifted to the user's head.

"While banks, UnionPay and third party payments have been made more profitable in the short term, it is bound to shrink the internet payment trading cake, forcing a new business model to emerge," he said. said the person.

The above line under the mobile phone payment industry Analysis, Payment PO Line POS Business Using the T+1 settlement method, is actually the first transfer funds to the designated bank card, and then transferred to the designated Alipay account, equivalent to the use of this money to the merchant's Alipay to recharge. Therefore, after the withdrawal of Alipay, the bank took over the business, the rate is unchanged, only the transfer of funds to the designated bank accounts rather than Alipay account, the impact on the merchant is not.

"Alipay is a part of the business that has been connected to UnionPay before, and after the subsequent bank takeover, UnionPay will not be affected." This is equivalent to Alipay's own losses to UnionPay ' demonstrations ', but also just ' demonstrations ', it is not difficult to see the third-party payment agencies in the ' incorporation ' road map before the frustration. ”