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What are the benefits of mobile payment?
Mobile payment means that mobile clients use mobile phones and other electronic products to make electronic money payment. Mobile payment effectively combines the Internet, terminal equipment and financial institutions, forming a new payment system. Mobile payment can not only make monetary payment, but also pay telephone bills, gas bills, utilities and other living expenses. Mobile payment has created a new payment method and made electronic money popular. Advantages of mobile payment:

1, payment is convenient and quick.

Wechat and Alipay can directly bind bank cards and credit cards. One-click payment is convenient and fast, and it takes 3 seconds to pay the cashier.

2. put an end to counterfeit money and keep the change.

Counterfeit money is a point that people hate in daily transactions, and mobile payment can completely eliminate counterfeit money, and there is no need for change in the cashier process, which greatly saves the time of buyers and sellers.

3. Highly integrated

Mobile payment can be highly integrated with various industries, perfectly solving industry problems, whether online or offline, entertainment, medical care, tourism, restaurants, hotels and other industry-wide scenarios, mobile payment can be well integrated.

4. Environmental protection and health

With the development of mobile payment, the use of paper money can be greatly reduced and the spread of bacteria on paper money can be eliminated.

5. Big data and marketing

Mobile payment can make better use of big data. Once customers use mobile payment for consumption, merchants can track customer information through mobile payment system software. After obtaining the data of customers' buying patterns, businesses can make full use of these data to improve their products. Or we can promote customers to spend again through the membership and marketing functions of the mobile payment system, such as issuing membership benefits, card coupons and other activities.

Tips: The above explanations are for reference only.

Reply time: 2020- 12- 10. Please refer to the latest business changes announced by Ping An Bank in official website.

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