How does Alipay respond to the central bank's digital currenc
Now with the continuous development of the network, our way of life has also undergone fundamental changes. Modern people in the new century are enjoying the convenience brought by science and technology. Among the continuous innovation of lifestyle, the innovation of payment mode is probably the most revolutionary. Now our mobile phone has become our wallet, and there are no restrictions on mobile payment scenarios. Under such circumstances, the digital currency of the central bank is also available in Shenzhen
now we are basically using WeChat or Alipay for mobile payment, and after the emergence of digital money, Alipay and WeChat will definitely have a certain impact. Strong>, however, because the promotion of digital money still takes some time, the impact on Alipay and WeChat will not be very large in the short term. Similarly, Alipay and WeChat may also benefit from their advantages in digital currency promotion. RRRRR}
three, opportunity, of course, Alipay and WeChat are also facing great opportunities in the face of crisis. In fact, digital currency is still currency. It is different from cash only in form, and there is no difference in essence
under such circumstances, the introction of digital money into Alipay and WeChat is not a reality. Therefore, in the current situation, Alipay and WeChat should stand on a higher level to look at the digital currency. P>
, ladies and gentlemen, what are your views on the digital currency for WeChat and Alipay? Speak freely in the comment area. p>
On October 8, Shenzhen Municipal People's government and the people's Bank of China jointly launched a pilot project of digital RMB red envelope
after the news was sent out, it has aroused warm repercussions from all walks of life across the country. At this stage, people are most concerned about the impact of digital RMB on our daily life? Will it replace Alipay and WeChat? Due to the lack of introction and promotion of digital RMB by authoritative institutions, the citizens and businesses participating in the activities also have many questions about digital RMB. According to the official announcement, the red envelope activity of digital RMB is a routine test in the process of digital RMB research and development. It can be seen that there is still a certain distance from the official implementation of digital RMB
China, as a global mobile payment power, Alipay and WeChat have long been a national payment method. It is almost no need to carry a wallet now. Shopping just sweeps away, does not need purse, do not change, really feel the convenience, and whether it is Alipay or WeChat payment, the experience is very good. p> The DCEP, which will be launched by the central bank at the end of this year, indicates that the replacement of paper money is inevitable. So, will WeChat and Alipay be terminated? What's the difference between them
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you can imagine such a scene: as long as you and I have DCEP digital wallets on mobile phones, we don't even need the network. As long as the mobile phone has power, two mobile phones touch each other, and we can transfer the digital currency in one person's digital wallet to another person
four, WeChat and Alipay must first bind the bank card, then pay the with Alipay or WeChat payment code. DCEP doesn't need to be bound to a bank account. The transfer between users is independent of the bank account. This is the same as bitcoin and other digital currencies. As long as you have a digital wallet of DCEP, you can scan the code to pay
in fact, DCEP and WeChat pay, Alipay is very similar in the payment scenario, and the experience is expected to be very similar in the future. In the future, as long as electronic payment can be used, there will be digital payment ports of the central bank
so, for the common people, with DCEP, you just have a more payment method, as if mobile payment had Alipay first, and you could also pay WeChat. Use whatever is convenient. However, the emergence of digital money will also be a part of WeChat's payments and Alipay's share of 90%+, which now occupies the mobile payment market share. p>
digital currency compares with Alipay: digital currency is equivalent to RMB with legal compensation. Digital currency is more perfect and convenient01 and the central bank say there is no competition between digital money and Alipay. p> On October 12, digital currency was tried in a district of Shenzhen. It is precisely because of this that digital currency officially came into people's sight. Digital currency has appeared before, but it is not digital RMB, but in other ways
many people speculate whether the arrival of digital money will have an impact on WeChat and Alipay payment. Mu Changchun, director of the digital Monetary Research Institute of the Chinese people's Bank of China, on 25 June, said that there was no competition between digital money and Alipay 10.
but if the transaction amount is relatively large, it needs identity verification , and it is more secure, for every money, the central bank can find out where it is going, know who the other party is , and put an end to some unidentified transactions and some scams
Alipay is the payment software that many of us will make when shopping. The rise of Alipay has also greatly changed our traditional way of payment, which has provided people with great convenience. But with the introction and continuous development of the central bank's digital RMB, it will have a huge impact on Alipay, and will also change Alipay and WeChat &ldquo. Divide the world & quot; It's a new pattern{ RRRRR}
its future prosperity and development will surely impact Alipay and other traditional network payment. As consumers, what we need is a truly affordable, convenient and secure payment environment, and the digital Renminbi can obviously meet all the requirements. I also hope that this new type of currency can be further promoted to facilitate the life of more people
central bank website issued the notice of "bar code payment business standard (Trial Implementation)". WeChat and Alipay responded in succession, indicating that they agree with the central bank regulation, and actively develop new technology and explore the feasibility of new technology applied in the field of bar code payment. p>
the full text of wechat payment response is as follows:
just now, the central bank website released the notice of "bar code payment business specification (Trial)". Tencent TenPay company is very concerned and is organizing relevant teams to learn and digest the notice
we agree with the efforts made by the central bank to regulate bar code payment, which are reflected in this regulation. We are also collecting the actual needs of users and merchants, while actively developing new technologies and exploring the feasibility of applying new technologies in the field of bar code payment. Tencent TenPay hopes to explore a more forward-looking innovation mode with the instry and regulatory authorities
As the foundation of the development of financial technology, the third-party payment institutions have always been concerned. Under the effective guidance and supervision of the central bank and various regulatory departments, the third-party payment instry has achieved a blowout growth in the past decade. The number of users of Tencent TenPay's wechat payment and QQ wallet procts, which have the third-party payment license of the central bank, has exceeded 800 million, and the average number of daily transactions has exceeded 600 million. The level of Tencent mobile payment, including online and offline, continues to grow steadily. The risk controllable and mature third-party payment institutions and the booming bar code payment have played a positive role in serving the public life and stimulating the innovation economy. Tencent TenPay will continue to develop in compliance, providing consumers with safer, faster and more convenient mobile payment servicesAlipay responded to the full text as follows:
has just announced the notice issued by the central bank website on the code for bar code payment (Trial Implementation). Alipay is very concerned and is organizing the team to seriously study this notice. p>
in recent years, under the guidance and support of the people's Bank of China and other regulatory authorities, China's mobile payment has developed rapidly, and its scale ranks first in the world. Mobile payment has become one of China's "four new inventions" in the new era. It plays a positive role in serving the public life, promoting Inclusive Finance, improving the people's good quality of life, and serving the real economy. It has become a highly watched Chinese phenomenon. China's China mobile payment technology one belt, one road, has taken root in recent years, and has contributed to China's global contribution. P>
's achievements are closely related to the regulatory authorities' tolerance and support for innovation. Alipay agrees with the efforts made by the central bank to standardize bar code payment for mobile payment. For the relevant contents of this specification, we will continue to collect the actual needs of users and merchants, and continue to actively develop new technologies and explore the feasibility of applying new technologies in the field of bar code payment together with the instry and regulatory authorities
Alipay has been putting the user's account security and rights protection in the first place since the first day of its birth, and has launched a security plan like "you dare to sweep and I dare to pay". The constant development of Alipay on the basis of standardization and safety is the principle of development. In the future, according to the spirit of the document, we will continue to explore and use technological innovation to solve the problem of unbalanced and inadequate development, and continue to work hard for the better life of small and micro enterprises and the public
extended information:
Beijing News reported on December 28, 2017, using Alipay, WeChat and other applications to sweep code payment, will officially usher in the quota limit. The official website of the people's Bank of China yesterday released the "Notice of the people's Bank of China on printing and distributing & lt; Bar code payment business specification (Trial) & gt; Relevant technical specifications have been printed and issued, and management has been carried out from the perspectives of quota, risk prevention, etc
the new rules for bar code payment specify that payment institutions must be licensed to provide bar code payment services. In addition, the bar code payment amount will be managed at different levels, and the new rules will be implemented from April 1, 2018
One of the key points of the new regulations is to emphasize the business qualification requirements. When providing barcode based payment services to customers, Payment institutions should obtain the license of online payment business; If a payment institution provides barcode payment acquiring service for entity and network special merchants, it shall obtain the license of bank card acquiring business and network payment business respectivelythe new regulation points out that banks and Payment institutions should carry out limit management on the barcode payment business of indivial customers according to the grading of risk prevention ability in the technical specification for barcode payment security (Trial) (YBF [2017] No. 242)
specifically, if the risk prevention ability reaches a level, that is, if two or more types of effective elements including digital certificate or electronic signature are used to verify the transaction, the accumulated limit of one day can be independently agreed with the customer through agreement
if the risk prevention ability reaches level B, that is, if more than two types of effective elements (including digital certificate and electronic signature) are used to verify the transaction, the accumulated transaction amount of a single bank account or all payment accounts of the same customer in a single day shall not exceed 5000 yuan
if the risk prevention ability reaches level C, that is, if less than two types of factors are used to verify the transaction, the accumulated transaction amount of a single bank account or all payment accounts of the same customer in a single day should not exceed 1000 yuan
and the risk prevention ability reaches level D, that is, if static bar code is used, the accumulated transaction amount of a single bank account or all payment accounts of the same customer in a single day should not exceed 500 yuan
static bar code is considered to be one of the most risky payment fields. In addition to the quota management, the new regulations also put forward a series of measures to prevent the risk of static bar code: the static bar code should be encrypted by the background server, the media displaying the static bar code should be placed in the sight of the commercial cashier, and the commercial merchant should check the media regularly It is required that the static bar code should be protected by physical means such as protective cover to avoid being covered or replaced
barcode payment is divided into payment scanning code and collection scanning code in the specification“ "Payment scanning code" refers to the payer's behavior of completing payment by reading the barcode displayed by the payee through mobile phones, pad and other mobile terminals. It is the user's active scanning code payment, commonly known as "main scanning"“ "Code scanning" refers to the behavior that the payee completes the collection by reading the barcode displayed by the payer's mobile terminal. It is a passive code scanning payment, commonly known as "scanned"
Zhao Yao, a special researcher of the payment and clearing research center of the Institute of finance of the Chinese Academy of Social Sciences, believes that because in the previous pilot application, bar code payment risks and even users' capital losses mostly occurred in the "main scanning", especially the "main scanning" static bar code, the "standard" limits the static scanning limit and restricts banks The specific behaviors and risk control measures of Payment institutions to carry out payment code scanning service, and require them to provide specific terms such as the settlement mechanism for customers' rights and interests damage, actively guide the payers to "scan" the dynamic barcode after secure encryption and setting the validity period (generally one-time barcode), and guide the merchants' large amount collection behavior to "be scanned"
Zhao Yao believes that the code is a "driver's license" for bar code payment. The new regulations of the central bank let bar code payment bid farewell to "driving without license" and "dangerous driving"
for security risk considerations, two-dimensional code payment has been suspended
the development of barcode payment has experienced "twists and turns": in 2011, the central bank agreed that some non bank payment institutions (hereinafter referred to as payment institutions) carry out barcode payment business in limited scenarios, and put forward strict risk management requirements. In 2014, without the establishment of effective security measures, unified business rules and consumer protection system, some Payment institutions widely promoted bar code payment business by means of continuous subsidies, and the people's Bank of China took the regulatory measures to suspend offline bar code payment business
in the next period of time, the Alipay and Fu Tong Tong as the representative of the two-dimensional code Payment institutions, through the transformation of the sweep code process (for example, from users to merchants to sweep merchants to sweep the user) and other ways, did not give up to seize the two-dimensional code payment market; Under the large subsidies of Internet giants, QR code payment is graally known to the public
in response to a reporter's question, the relevant person in charge of the central bank pointed out that with the wide application of payment tokenization and other technologies in mobile payment in recent years, the security standard of barcode payment has been objectively improved. However, e to the lack of unified business norms and technical standards, there are still potential risks in the barcode generation mechanism and transmission process, which also lead to risk cases of payment security, and unfair competition in the business promotion process of market institutions
in order to standardize the barcode payment business, protect the legitimate rights and interests of consumers, and promote the healthy and sustainable development of mobile payment business, the people's Bank of China has guided the China payment and Settlement Association to organize market institutions, experts and scholars to fully discuss and reach a high degree of consensus on issues related to barcode payment, and has studied and formulated corresponding business and technical specifications
data source: Fenghuang finance and Economics - new regulations of the central bank! WeChat, Alipay sweep code payment will meet the quota limit