Third party payment battle staged nternet Financial Prelude opened

in 2012 the scale of China’s third party online payment of about 3 trillion and 660 billion over the past 7 years, the average annual growth rate of up to 111%, the current number of users using the Internet to pay up to 220 million. With the further application of the online payment industry in 2012, growth has dropped to 66%; in addition the industry structure is relatively curing, Alipay with the advantages of electronic business platform to occupy 49% market share; caifutong business model similar to Alipay, the market share of about 20%; China UnionPay system mainly depends on the advantage of the market share of 9%; the other third party payment institutions is relatively marginalized, mainly take the professional road segment.

currently online payment into a situation of tripartite confrontation situation. Alipay, caifutong is both business platform and virtual account with two magic weapons, general Alipay, caifutong and UnionPay market share of more than 80%.

, a research organization that mobile payment may be the future of the third party payment important innovation and explosive growth, mainly based on the following points: mobile payment to online payment terms more scenarios, greater market potential, but not by administrative monopoly or oligopoly, the future may not only impact and replace the traditional offline payment, but also we can derive a new application mode.

mobile phone users to accelerate the growth of the size of the rapid development of mobile payment market

in 2012 China’s mobile payment market transaction size 151 billion 140 million yuan, an increase of 89.2%, although the total is still relatively small, but the growth rate is accelerating, the development potential is huge.

according to the Ministry of statistics, by the end of 2012, China’s mobile users has exceeded 1 billion 100 million, representing an increase of 120 million year; and with the popularity of smart mobile phone and the laying of the 3G network, China’s 3G users reached 220 million, representing an increase of 92 million year. Innovation and development of mobile networks and mobile terminals directly promote the application of mobile internet. As of June 2012, the number of mobile phone users in China has reached 388 million, an increase of 72.2%. The popularity of smart phones, the laying of 3G/4G networks and the majority of mobile communications users have built a huge potential customer base for mobile payments.

core third party payment UnionPay incorporated the "cheese" battle upgrade

China UnionPay urge all members of the Bank of unified action, and gradually the non gold institutions UnionPay card transactions overall migration to UnionPay network, and before the first proposed time node to achieve the goal of July 1, 2014. Informed sources told reporters that the four session of the board of directors of China UnionPay held last month, China UnionPay has moved, and put forward a detailed roadmap and timetable, the target directed at the third party payment company in.

August 27th, Alipay through its official micro-blog announced that due to some reasons, as everyone knows, will stop all lines >

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