Feng Yu's strong answer made the four bank representatives sit up and down again.
They thought that when they came this time, they could discuss with Feng Yu how to cooperate. But unexpectedly, as soon as they disagreed, Feng Yu once again showed off his attitude.
Their faces also showed a look of perseverance. Isn't this Feng Yu too arrogant? What do you mean, you want to get rid of the four major banks
But at the same time, they were also a little shocked in their hearts. Has Feng Yu already reached an agreement with other banks? How come they don't know
If this is the case, then the impact on them will be very large.
Other banks all cooperate with a third-party payment platform. Only four of them do not cooperate, which will definitely affect their customer experience.
Feng Yu must be defrauding them. How could those banks agree to such a ridiculous cooperation? Isn't this equivalent to sharing your cake with Feng Yu
Just like their bank, no one is the controlling party. Everyone discusses and jointly recommends directors and other senior executives. And if Feng Yu agrees to let them invest in the payment package, it will be equivalent to opening a new online bank, so of course there will be no problem.
But now Feng Yu means to monopolize this part of the benefits, so how can they agree? You said you would give us a share in the future. Who knows how long it will take in the future? And what will you do if you don’t know the difference in the future? What should we do if there is less allocated to us
"Mr. Feng, no matter how you develop on the Internet, you can't do without the support of our bank. It can be said that no company can do without the support of our bank. What you do makes it very difficult for us."
Feng Yu glanced at the J.P. Morgan executive who spoke: "You said that no company can do without banks. I believe this. But can you represent all banks? There are thousands of banks in the world, without you. I don’t care about the support of the four companies. As for the online payment platform, we will become the largest in the world. Without our contact, you will have fewer and fewer users in the future! Since you find it difficult, forget it."
Just like in China in the previous life, if any bank cannot be associated with the payment package, it will really affect customers. In its previous life, Payment Package was able to maintain such strength despite the encirclement and suppression of so many payment platforms. In this life, the only competitor for the time being is Beibao, and it will definitely develop better.
The store bullies the customers, and the customers bully the store. The strong position may be reversed at any time.
The representatives of the four banks left again, and Ralph asked with some worry: "Boss, didn't you say that the payment package was expanding from Eastern Europe and China to Europe and the United States? Why is it starting directly from the United States now?"
"I just provide American users with one more choice. Of course, the main battlefield is still in China." Payment package and Beibao represent two different consumption concepts. Of course, the main battlefield will be different.
But it would certainly be better if we could directly enter the US market and develop globally.
The value of the payment package is greater than that of Beibao. How valuable data is can be seen from the rising market value of Oracle, which specializes in big data analysis.
It’s not like Feng Yu has never invested in banks. For example, Feng Yu has participated in the investment in China’s first private bank, Minsheng Bank.
However, it is difficult for Minsheng Bank to develop under the squeeze of state-owned banks. If it weren't for the company support of these entrepreneurs, I'm afraid it would have been a waste of time.
Even now, Minsheng Bank is still not making money. The main reason is the above differential treatment. For example, in terms of loans, the above support for state-owned banks is very strong, but for private banks, the policy is always a step later. The same goes for other businesses, such as funds, insurance, etc.
To put it bluntly, private banks are subject to too many restrictions, otherwise they would have developed long ago.
Just by absorbing deposits for investment, Feng Yu was able to make Minsheng Bank develop faster than state-owned banks, even though Minsheng Bank was not allowed to invest overseas.
And state-owned investment institutions are already investing in overseas banks. Those investment institutions are large and have sufficient funds, but in Feng Yu’s view, many of their investments are blind!
For example, in the Internet bubble in the United States, some investment institutions in China also suffered heavy losses. They blindly pursue high prices and dare not invest at the beginning. By the time they invest, it is already a bit late.
It doesn't matter, you can still make money. But when it was time to retreat, they thought they could rise back, resulting in less and less profits, and even some investments were lost.
Zhu Tiezhi once invited Feng Yu to be a consultant for some large state-owned investment institutions, but Feng Yu refused. It's not that he doesn't want to make money with the country, but the power given to Feng Yu is too small and there are still a lot of obligations.
If those investment institutions can obey Feng Yu's instructions, then Feng Yu will be able to have a large amount of funds to operate. It will be too easy to make a profit by then.
To a certain extent, if the funds are huge, you can easily make profits if you are more conservative. The leaders of China's investment institutions are at this level.
After Feng Yu refused, he recommended Professor Liang and Fu Rongqi to Zhu Tiezhi, but because of their identities as Xiangjiang people, they were still in the investigation stage.
Although it is said that Xiangjiang has returned to the embrace of the motherland, the policies in Xiangjiang are very different from those in the mainland. They are completely unable to understand many of the ideas of Xiangjiang people. Of course, it also has a lot to do with Fu Rongqi and Professor Liang not being familiar with mainland politics.
Through this Minsheng Bank, Feng Yu has a deeper understanding of banks. Let's put it this way, although Minsheng Bank did not make any money, the shareholders of Minsheng Bank indirectly obtained a lot of profits through Minsheng Bank's accounts.
A bank that ranks last in China can bring in huge profits, not to mention banks that rank among the best in the United States and even the world.
Accounts are the most important foundation of a bank. Take Swiss Bank, for example, it is not open to the public about its customers' accounts, so it is sought after by the world. Relying on this, Swiss banks have a very transcendent status in the world.
The so-called security is just a slogan. If you deposit one billion dollars in any major world-class bank, you will be properly protected. For large customers, the services, security protection, etc. of any bank will not be inferior.
That money will never be lost!
It's just that UBS can guarantee that your money will only be passed on to the person you want to pass it to, or your direct heirs, without being affected by politics and other factors. This may not be the case in other banks.
Also because of Switzerland's status as a permanently neutral country, it is somewhat aloof from the world.
It's a pity that this is just a slogan. Switzerland's arms are often sold to war-torn areas. If you really are completely neutral, do you need to research arms? To put it bluntly, it is still to protect the big cake of interests.
Feng Yu wants to touch the cakes of those banks. Now he wants to see how those banks will choose.
(End of chapter)