In offline payment, UnionPay is the boss, especially in acquiring business. The handling fee of a few thousandths is quite generous. Think about how many credit card transactions are offline every day. Now many third parties have entered this field, such as Kuaiqian, Lacarra. Of course, Lacarra's convenience payment business is also quite profitable, except for the admission fee and maintenance fee, it can almost make ends meet.
With the development of e-commerce, online transactions have also exploded, and the situation of online transactions is quietly stable. Alipay, Tenpay, UnionPay and other bosses have occupied favorable terrain.
Mobile payment is different, a bit in between. Mobile payment has changed the original rules of the game for offline transactions. At present, the amount is not large, but it will definitely touch the cheese of UnionPay in the future.
If the virtual transaction mode is adopted, it is equivalent to changing the offline credit card into online payment. If the near-field payment mode is adopted, the original credit card will be changed into a debit card. Is the debit card machine an upgrade of the original POS or a new terminal? This is the process of profit redistribution.
Therefore, the profit source of mobile payment, on the one hand, is the cake that occupies the original credit card market, on the other hand, it is the cake that makes virtual transactions bigger.
There are three ways of mobile payment: Near Field Payment (NFC), Virtual Remote Payment (Mobile Banking, Mobile Alipay) and Credit Card Payment (Square, Lacarra). The future must be the mode of "near-field payment+virtual remote payment", and credit card payment will die out sooner or later.