Bank card into the "core" era payment pass palm core treasure to grab mobile payment
According to the UnionPay data, as of the end of 2013, a total of 593 million financial IC card issuances were issued, achieving full coverage of merchant POS and ATM acceptance. At present, more than 100 cities across the country support financial IC card applications in the public transportation sector. On the other hand, the functions of IC card loading in major industry cards such as social security cards and resident health cards have also been promoted and applied in dozens of cities across the country. The rapid increase in the issuance of financial IC cards and the wide application of the industry all indicate the coming of the "core" era of bank cards.
The so-called financial IC card, also known as the chip bank card, is a bank card with a chip as a medium. The chip card has a large capacity and can store information such as a key, a digital certificate, a fingerprint, etc. The working principle is similar to that of a microcomputer, and can simultaneously process a plurality of types. Function, providing cardholders with the convenience of one card. The financial IC card can not only realize all the functions of the existing magnetic stripe card, but also has the characteristics of small size, strong anti-counterfeiting, strong anti-magnetic, long information storage time, large storage capacity and strong durability, compared with the magnetic stripe card. In terms of these characteristics, the financial IC card is more anti-counterfeiting and more secure.
Speaking of the advantages of financial IC cards, it is necessary to talk about the construction of the financial IC card acceptance environment. An IC card veteran in the industry has said that accepting environmental construction is a basic condition for the steady development of financial IC cards, and is also promoting large-scale financial IC cards to upgrade the bank card industry to meet the higher payment needs of social production and people's lives. An important guarantee. It can be seen that only a large number of supporting environment construction and improvement of the chip card can strengthen the cardholder's recognition and confidence in the chip card, in order to play the true meaning of the chip card.
According to statistics from the central bank, as of the first quarter of 013, commercial banks and UnionPay business companies deployed more than 7.36 million POS, with a transformation rate of 98%, ATMs of over 470,000 units, and a transformation rate of 96%. Basically, POS has been completed. The acceptance environment of ATM is improved. However, in contrast to the positive promotion work of financial institutions, Alipay, represented by Internet payment, and third-party payment companies such as Lakala, represented by offline payment, have not moved in the transformation of payment terminals supporting financial IC cards. .
The third-party payment company, which is committed to personal financial intelligent terminals and Internet security payment, took the lead in breaking the pattern. In November 2013, it launched the only mobile phone card reader that supports financial IC cards. This is also the strategic product layout of PayPal in the mobile payment market after payment card receipt, fixed-line payment, virtual payment, and Internet payment layout. After that, the payment pass has successively been in the payment terminal such as mini payment pass and payment pass QPOS. The acceptance environment of the financial IC card was transformed on the equipment.
It is understood that the palm core treasure is a card peripheral product connected to the mobile phone through the audio port, supporting two types of mobile phone operating systems of iOS and Android (Android). The product is divided into two series, i and s. The i series products are stylish, compact and light, easy to carry, and can complete credit card repayment, transfer, water and electricity burning and mobile phone recharge. In addition to all the functions of the i version, the S series supports the acceptance and application of new generation financial IC cards and various IC cards such as financial IC card electronic cash deposit, IC card purchase, ETC recharge, etc., to meet cardholders anytime, anywhere. Safe, fast and efficient mobile payment needs.
Cui Yilong, vice president of PayPal, said that with the outbreak of financial IC cards and the comprehensive application, it will bring new challenges and changes to platforms such as Internet payment and mobile payment. The sooner the force is launched, the more first-come advantage. With advanced technology advantages and forward-looking vision, PayPal has launched the palm-core treasure that supports magnetic stripe cards and supports chip cards. It has become the first person in the industry to eat crabs, and has moved towards the "core" era of mobile payment. Market, the "core" market layout.
Some Internet analysts believe that in the wave of rapid development of information technology, only by correctly predicting the next development direction and mastering the core technology will it be possible to become the leader of the next era.
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