Read and understand the four opportunities for aggregate payment to seize the opportunity
Two-dimensional code payment is like a cyclone sweeping the streets of China. Whether it is selling unhealthy sweet potatoes or aunts who buy green vegetables, they stick two-dimensional codes on their booths, and now the market for two-dimensional codes is very common. The mobile payment represented by Alipay Payments and Wechat Payments has extended electronic payment from large-scale merchants to all aspects of our lives, which is the era of mobile payment.
What is the aggregate payment?
Aggregate payment is a payment interface that integrates multiple Internet payment methods. Through the integration of its own technologies and services, it enables businesses and cashiers to collect various kinds of two-dimensional codes to provide businesses with a unified platform and back office management. Construction can be completed by a variety of payment methods, access to merchants, provide unified reconciliation and fund management, so as to provide consumers with convenient payment. No matter what payment tools are used, a QR code can be scanned to provide merchants with fast cash register management.
The biggest drawback of the traditional payment methods is that there are too many payment methods and they become pain points for a large number of merchants. They have been occupied by various POS machines on the cashier bars of merchants. Many cash register terminals have become the biggest headaches for merchants. Even with the emergence of two-dimensional codes, major institutions have their own payment channels, and problems will arise along the way. In the face of numerous QR codes, they do not know which one to use, and it is even more difficult for cashiers of merchants to manage them. In this context, aggregate payments came into being.
Looking at the development trend of the payment industry, the trend of development from one cabinet of multiple machines (one cabinet and multiple yards) to one cabinet (one cabinet and multiple yards) can be described as a general trend. With the national supervision and regulation for the industry's full range of specifications, Ending the brutal growth of aggregate payments, the development of future convergent payments will usher in a big opportunity for compliance development.
Aggregate payment development trends:
1. Multi-scenario aggregation: With the popularization of two-dimensional mobile smart phones, mobile payment will gradually diversify, and even more areas will be converged payment markets. From a development point of view, it is more than just a two-dimensional code scenario that converged payments are more than simple. With the rise of smart terminals, converged payment methods will be integrated into a larger category.
2. Multi-institutional connectivity: Currently, the main development area of ​​syndication payment is the convergence of two-dimensional code payment, and its aggregation agencies are mainly WeChat payment and Alipay payment. As the convergence develops rapidly, more institutions will converge, and multi-institutional multi-media will become Development trend.
3. Multi-finance integration: Payment is the entrance to all financial scenarios. As an entry form, aggregated payments converge in multiple channels. In the future, aggregating payments will make it possible to realize multiple payments in one transaction and no longer restrict services to traditional payment services.
4. Multi-market penetration: Today's mobile payment is mainly concentrated in first and second-tier cities. The competition among various agencies is fierce. In the second-tier cities, counties, and rural markets, the market has not yet started. The types of payment products are single, and simple POS machines can hardly meet the increasing demand. With increasing merchant demand, the convergence payment trend is gradually formed. By cooperating to pay low-cost advantage to attack the secondary market below, it will become a possibility for aggregate payment to open up an industry blue ocean.
The convergence of payment outlets has come and there will be greater opportunities for development after compliance development. At the moment of history, we are at the scene. At the same time, the advent of the convergent payment era is a good time for people to start a business. Those who want to engage in the mobile payment industry must seize the opportunity to occupy a favorable position.