Shopping consumption, restaurant meals, taxi travel, bicycle sharing ... ... to large chain stores to buy buy, small to breakfast stalls fritters, can sweep a two-dimensional code to complete the payment without the habit of wallet in China has been Slow popularity.
In fact, the payment industry in China started later than many countries in the world. In the initial stage of development, the payment industry was slow to start and was running in the international arena. Now all-out payment is easy and quick. The payment in China has led the international community and is at the top of the list. All this The development is that regulatory norms allow China to pay the foundation firmly under the soil of innovation.
According to statistics from the Ministry of Industry and Information Technology, by the end of October 2017, the scale of China's mobile payment transactions has exceeded 81 trillion yuan, ranking the first in the world. More and more people can really enjoy the convenience of "one cell phone running the world".
Mobile payment, one of the four new inventions, is rooted in the volume of China's economy and the active spending power of the general public.Meanwhile, with the development of science and technology, mobile payment not only brings about an upgrade of the consumer experience but also spawns new Economic form.
In constant innovation, payment has already established perfect paths between people, people and businesses, people and financial institutions, covering online and offline, serving the network economy and real economy, and becoming an essential part of national economic development infrastructure.
The development of payment can not be separated from the innovation of the payment enterprises in the payment methods.With the payment terminals of Alipay and WeChat as the representative, the Bank vigorously promotes the payment of two-dimensional codes under the line; on the other hand, with the representatives of UnionPay Business and LaCala Enterprises continue to accept from the receiving port, for a variety of payment methods to do the same receiving end of the port, to achieve 'ready to pay, but also at any time' convenient consumer environment. The account side and the receiving end formed a complete payment transaction chain, and further Connect the liquidation end where UnionPay and UnionPay are located, divide and cooperate with each other under the lawful and compliance, complement each other's advantages and promote the development of the entire payment industry.
At present, China's mobile payment layout is very wide, covering urban and rural areas, stimulating the balanced development of all regions, active economic form.
Insiders pointed out that regulatory norms allow China to pay a solid foundation for payment under the soil of innovation in the past year, the new rules of the payment industry closely, the various binding laws and regulations at different levels at first glance, strict supervision will restrict the payment of Development, but in fact the scale of the transaction not only did not decline, but showed explosive growth.
According to the Analysys Institute for Internet Research, the third-party mobile payment transaction in China reached approximately RMB29.5 trillion in the third quarter of 2017, up 28.02% MoM. In addition, according to the "Mobile Payment User in 2017 Research report "shows that in 2017, China Mobile pays 41% of the user base over 4.6%.
In the face of increasingly large mobile payment market, it is necessary to take certain measures to standardize the market.From 2017 onwards, the central bank repeatedly issued a document on the payment of the existing problems in the industry to regulate the documents from the payment of quotas, certificates, information Security and business management in four areas of the mobile payment market regulation.
Market analysts pointed out that under the supervision of 'regulate trade and encourage outstanding enterprises' will become a new strategy to pay for the new ecosystem in the industry.Payment industry should continue to promote industry regulation, regulate all aspects of the transaction, severely crack down on gray areas in the industry, Strengthen risk control in the industry so that the transaction can be conducted in a safe and healthy environment.In addition, the payment industry should be encouraged and encouraged to actively explore and innovate under the premise of lawful compliance and create a richer living soil for its development so that healthy enterprises Create a healthier atmosphere in the industry, form a complete and sound solid foundation for the real economy, and add new momentum to the rapid growth of China's economy.