Future sonic payment or will replace POS payment

Recently, Alipay launched a new internal mobile wallet. At present, the mobile payment is being tested. According to the reporter, Lu Yashan, Lubao Shan, learned that this is not a simple translation of the online payment to the mobile terminal. This version of the avatar upload function enhances user interaction, and when this mobile payment product is officially launched in January, there will be a new sonic payment function, and will determine the final name, not the "card treasure" that the network circulates, no doubt Alipay is fully committed to â€œprotecting the line, attacking the lineâ€, and the future mobile payment will set off a competitive boom.

It is understood that Alipay's mobile phone payment embedded in the Alipay wallet is very simple, you only need to install a software on any of the merchant's existing terminals (computer, tablet or mobile phone), you can consume. And this will undoubtedly pay for the POS machines that are now popular, and NFC technology will bring shocks. It is not impossible to replace them.

And look at the current payment method, have to say that the recently fired NFC near field communication technology, its technology can buy, sign in, brush bus cards or tickets through the NFC-enabled mobile phone, or exchange business cards with others, Transfer files, play games online, and more. Even if your phone is out of power, you can still use it as a transportation card, exactly the same as the various sensor cards in your hand. At the same time, it also increases the cost of having to use the inductive device, the safe sharing of the mobile phone after being picked up by others, and the necessity of pairing within 10cm.

For the rapidly rising NFC technology, Xu Ji, the technical director of Alipay's mobile products, also said that he is not optimistic about NFC. First, because NFC technology itself still has security loopholes; second, all hardware devices need to be upgraded, including personal mobile phones and merchants' PDS machines; third, the POS machine penetration rate of merchants is still very low, 60-70 million domestically. Small and small merchants, but only 3 million merchants have pos machines.

Indeed, through the POS machine payment, the merchant also needs to install the CPU, RAM, EEPROM, printer, display, magnetic stripe/IC card read/write head, built-in MODEM and so on. This will undoubtedly bring cost pressure to the merchants, and the payment of sound waves by Alipay Wallet will be more convenient and lower cost. Once popularized, POS machines will also be eliminated.

In short, online transactions now account for only 5% of the total retail sales, and 95% of the market is offline. Driven by the mobile Internet boom, mobile payments are also being watched by offline promotions. It will also increase.

In this new field, Near Field Payment (NFC) technology relies on funds to transfer between two devices, without having to go through a remote server, the experience is convenient, the network limitations are small, but its scalability is weak, security is weak, and the industry chain is integrated. Difficult, costly and forgotten, but the "remote payment + near-field recognition" sonic payment, eliminating the need for users to enter the other party's account, just install the appropriate software, you can complete the payment, with social attributes, Enhance user retention, experience convenience, security and scalability, etc. This will gradually replace the NFC technology + POS payment mode.

Crowd Control Barrier

Anping County Shengxin Metal Products Co., Ltd , https://www.shengxin-fence.com