Alipay Responds To Third Party Payment Consolidation: Obtaining License Is Not A Problem.

Will Alipay stop when rectification comes to a sudden?

The central bank ordered the third party payment business to apply for a permit yesterday.

The biggest impact of this regulation on our lives is "Alipay" and "mobile payment".

The people's Bank of China issued the central bank's decree 21 days, formulated and promulgated the "non-financial institutions' payment service management measures", and standardized the payment business of non-financial institutions. The "measures" came into effect on September 1, 2010.

According to the "measures", payment services for non-financial institutions mainly include Internet payment, issuance and acceptance of prepaid cards, receipt of bank cards and other payment services determined by the central bank.

Among them, Internet payment includes currency remittance, Internet payment, mobile phone payment, fixed telephone payment, digital TV payment and so on.

The measures clearly stipulate that non-financial institutions shall provide payment services according to the provisions of these measures and become a payment institution.

The payment institutions accept the supervision and management of the people's Bank of China in accordance with the law.

Without the approval of the people's Bank of China, any non-financial institution and individual shall not engage in or disguise the payment business.

A

Bear the brunt: online shopping can not be separated from Alipay

Alipay responded: Welcome rectification, permission is not a problem.

Previously, people's network reported that the central bank's efforts to build the second generation payment system - Internet banking interconnection application system may run on-line in August this year.

The online banking interconnect application system can be described as "super online banking", which can provide interbank real-time capital pfer, interbank account and accounting inquiry, and interbank deductions, third party payment, third party pre authorization and other business functions.

At that time, people familiar with the matter said that the three party payment platform such as Alipay was suspended from the Internet banking system.

Whether in terms of time or content, this "payment order" message first reminds people of the "Alipay" which has become an indispensable tool for many online shopping fans. Will Alipay, as a "non-financial institution", therefore "stop"?

Alipay said that the management method is good for the industry, and will actively apply for a permit according to the regulations, and be optimistic about obtaining the license.

Alipay also welcomed the move of the central bank, which is good for the entire payment industry.

Reporters also found that after Suzhou cracked the "Paradise Paradise" casinos case, the third party payment platform "fast money" senior management personnel to help overseas gambling group pfer funds of 30 billion yuan, "quick money" from the profit of more than 1700 million!

B

Affected by: mobile phone brush bus and other mobile payment

Operator response: will apply for nationwide payment permission.

The central bank announced the "non financial institutions payment services management" in the network payment, in addition to the Internet payment, but also includes mobile phone payment, fixed telephone payment, digital TV payment.

Among them, the most important concern is the gradual warming of mobile payment.

Mobile payment has facilitated quite a number of users.

Take Jiangsu as an example, Telecom "Tianyi bus wing cartoon" has been launched in Nanjing, Suzhou and other places, allowing users to directly use their mobile phones to take public pport, and in some supermarkets, gas stations and so on can also be paid by mobile phones.

Jiangsu mobile also has mobile payment business, for example, you can dial 12580 for movie tickets and for Expo mobile phone tickets.

Jiangsu Unicom is also planning to launch a mobile phone brush bus in some cities in the province.

It is predicted that by 2013, global service providers will earn more than $5 billion from mobile payment services and remittance services.

Now mobile phone payment users in Jiangsu mobile have reached more than 150 thousand.

Does this management method involve mobile payment and inconvenience to users?

Insiders told reporters, "from the way of use, there are several kinds of payment that the telecom operator involves. One is micro payment, mobile wallet, and mobile phone to replace a card. Through the technology of Internet of things, radio frequency can be used to pick up the mobile phone to take the bus, or to pay for the small amount of cooperative business. This is because there is a small payment account different from the telephone account in the mobile phone," usually tens of billions of dollars. "In addition, the mobile banking which can achieve more payment is linked to the bank card as a mobile payment channel for bank accounts.

These two ways may also involve non-financial institutions' payment services.

"If we are in line with the management measures, we will definitely apply for business in the whole country." yesterday, operators in Jiangsu told reporters that they had not yet been informed of the notice. However, operators should apply for payment permission in the whole country, because operators not only carry out business in one province.

C

Unaffected: consumers of Alipay and mobile payments

Not only will it be used as usual, it will not be charged extra.

Alipay and mobile payment have been widely used now. Consumers are generally worried about whether these payment methods will be stopped before the implementation of this method and the permission of the relevant enterprises. Besides, according to common sense, the relevant enterprises should pay for the license. Will this cost be passed on to consumers?

Alipay stakeholders have made clear to this reporter that during the bidding period, the online payment service should not be affected, and ordinary Internet users can still use the online payment function normally.

Since the method will come into effect on September 1, 2010, the non financial institutions engaged in payment business before the implementation of this method shall apply for the payment business license within 1 years from the date of implementation of these measures.

According to this statement, Alipay will not have a "lockup" period.

In addition, if users worry about whether they will charge the consumers after the accreditation, Alipay personage said that at present Alipay has been collecting some service fees for merchants, but it will not receive money for ordinary consumers.

Telecom operators also said that the implementation of the method for some time, "temporarily will not affect the use of mobile payment users."

Moreover, "even if it is necessary to meet certain conditions according to the management method, it is also a matter between the operator and the operator, and has nothing to do with the users". That is to say, even if the cost goes up, it will not be pferred to the users, so the mobile payment users need not worry at the moment.

In addition, the reporter understands that the mobile phone micro payment business of all operators in the province is still in the promotion stage, and the monthly functional fee is only a few yuan, and some do not charge monthly fees.

Shop buyers and sellers welcome "rectification".

As a VIP buyer of Taobao, Ni Xiaorong, a 26 year old online shopping giant in Nanjing, agrees with the introduction of the "measures".

Ni Xiaorong used to read goods on the Internet and deal with each other.

"It's a waste of time."

With the emergence of Alipay, Ni Xiaorong's online shopping is more smoothly.

"There are still many things that need to be standardized in this platform."

Ni Xiaorong said that for online shopping, Alipay still has a large user base at present because there is no better payment method.

"Many phishing websites mimic Alipay's pages and steal users' accounts and passwords."

After all, the third party payment is very different. The introduction of the measures means at least that the government has begun to pay attention to the payment of security issues.

But the seller? The net goods brand "enjoy the guest" boss Dong Shiping has the right to speak very much, Dong Shiping initially sells on his Taobao the hometown Ling'an special product hickory, sells the fire.

He began to realize the convenience of online pactions.

Dong Shiping said that the reason why Taobao shop is in full swing is closely related to Alipay.

"As a third party payment platform, it solves the problem of security funds."

This is also the reason why Taobao can become bigger. After all, the payment problem is the foundation of the online store.

And for the newly issued "measures", Dong Shiping feels that this is also a good thing for sellers.

The third party payment is also mixed, and various cash and fraud behaviors are repeated.

"This is a rectification of the payment industry. It is necessary to make payments more standardized."

Wang Juan