"Brother Ji, in fact, this payment software is the capital that I am confident will be able to compete with other companies in the future. You know the financial industry, but do you understand what Internet finance is?"
The payment package of Ma Yun in the past life can become the largest third-party payment platform in the world. It is the undisputed number one in terms of scale, number of users and cash flow. At that time, the payment package still had many competitors. It shows that many people are aware of the profits in this.
In this life, it will develop earlier and can be used on multiple platforms such as eBay, Amazon, Alibaba, and Polar Bear Network Company. It is also expected to control the three major markets of North America, China, and Eastern Europe. It will definitely be more powerful than in the previous life.
In the previous life, this payment package technology was originally developed by the team of Yahoo, Softbank and Ma Papa. Then when Ma Papa was the CEO, he spun off the payment package business and transferred it to a company he controlled. In the end, Yahu and the others were tricked.
Yahu's stock price has fallen again and again, but Alibaba's stock price has been able to continue to rise. This payment package has contributed a lot. The evaluation value of the payment package also far exceeds that of several e-commerce websites under Alibaba, becoming the core value of Alibaba.
Hearing Feng Yu talk about Internet finance, Kirilenko thought to himself, what's so hard to understand? It's just finance on the Internet.
"Feng, of course I understand. Just like Nasdaq, isn't it just electronic trading on the Internet? Stocks are not financial products, so Nasdaq stocks are Internet finance, right?"
Feng Yu took out two cigars, handed one to Kirilenko, lit it, took a deep breath, and blew out a smoke ring: "If you say so, it counts. But the Internet finance I'm talking about is different from what you are talking about. Very different. Internet finance is not a simple combination of the Internet and the traditional financial industry, but a traditional financial industry that uses Internet technology, including information and communication technology, to realize new financial business models such as financial financing, payment, investment, and information intermediary."
"The online stock trading you mentioned is a type of investment, but it does not represent everything. It is right that everything in our Internet finance must be based on the Internet. Whether it is markets, services, organizations, products or regulatory systems Etc., everything must be on an online platform, without any actual trading desk. All operations are conducted online, without the need for person-to-person meetings. Even if you hire a financial broker, you can still communicate on the Internet. .”
"Feng, isn't this right? If I hire a financial broker and communicate online, how will the contract be signed? How will the salary be paid? How can I trust him?" Kirilenko retorted.
"At this time, we are needed again as a third-party payment platform. We provide credit guarantees and of course do credit assessments. The contract will be based on the template on our network, and both parties can confirm it through online video. Of course, the initial Sometimes, you still have to print out the contract and sign it, but it will definitely not be necessary in the future.”
After the implementation of the real-name system on the Internet, many agreements really do not need to be signed, just click OK. For example, downloading a mobile stock trading software and confirming it with a video on the Internet, including uploading an ID card, only requires taking a photo, and does not require any signature, but it is still legally binding.
"Online video confirmation? Isn't that very clear?" Now there is online video technology, but due to the limited network speed, the clarity is poor. Some ordinary users are even unable to use this technology.
"The Internet is developing rapidly. You can't use today's perspective to understand the products three years from now. Now mobile phones can take pictures. Three years ago, have you ever thought about it?" Feng Yu picked up the Fengyu mobile phone on the table and shook it. Liaohuang asked.
"Really, you mean, online videos will be popular in three years?"
"In developed countries, there is definitely no problem. Even in countries with average Internet access, most Internet users can know about it. And after this thing is launched, it will develop faster and faster, perhaps faster than we think."
"Then what does the Internet financial service you are talking about include, and what products are there?" Kirilenko asked again.
"We have everything that the traditional financial industry has. For example, investment and financial management, deposits, withdrawals, lending, capital circulation, exchange transactions, etc. Moreover, some things that traditional industries cannot do, our Internet finance can do, such as mass Raise money.”
"Crowd financing? What do you mean, everyone raises money for one person? What's so special about this? It's the same thing in the traditional financial industry, right?" Kirilenko said as if you don't think I don't know.
"Yes, there are indeed traditional industries, but let me ask you, if a traditional industry wants to raise one million yuan and divide it into one million shares, can it be done?"
"What? One million has to be divided into one million shares. That's not one dollar per person? How to raise funds? Who would go to a financial institution just for one dollar."
"Yes, no one would go to the bank to raise funds for one dollar. But what if it is online? You only need to click the mouse a few times and enter the password of the third-party payment platform. It can be completed in one minute. .”
This one million divided into one million shares is not Feng Yu's nonsense, but the crowdfunding that Feng Yu actually experienced in his previous life. An author wants to publish a book, but no publisher is willing to publish it. For example, the content is too sensitive, too niche, etc. At this time, an author launches a crowdfunding campaign. A fan donates 100 points, which is one yuan. Money, scrape together a sum of money to publish a book for this author.
For fans, one dollar is nothing, but a little adds up to a lot. Some authors even use crowdfunding to adapt their novels into games or even movies.
It is too troublesome to go to the bank to donate a dollar, but if you only need to operate online for one minute, it will be much easier.
There are also young singers who want to release records, new directors who want to make movies, and even roadside stalls who want to open stores and crowdfund. Many of them fail, but there are also many who succeed.
In other words, Internet finance can produce many detailed products that the traditional finance industry cannot.
These are just the tip of the iceberg. There are so many ways to make money through this third-party payment platform. Think about those bankers in traditional finance, when have you ever seen them lose money
Let’s just say that China’s world-class companies and all the large state-owned banks are all on the list, right? And this third-party payment platform is an institution that can compete with these large state-owned banks, and is even expected to surpass them!
"Brother, Internet finance is much more convenient than you think. For example, if you want a loan, if your credit record is sufficient on our payment platform, then our platform can provide him with a loan. We can even launch some online Financial management products are promoted to those who like to invest in financial products to make profits... "
As Feng Yu narrated, Kirilenko's eyes became brighter and brighter. This Internet finance is really a treasure trove. The third-party payment software must be developed immediately!
… (To be continued.)
(End of chapter)