Please think about the electronic payment, network banking and other things on the traditional payment of what influence

Electronic payment, Internet banking has the advantage:

First, online payment is better suited to the needs of e-commerce development. The operating environment of online payment is based on the open Internet. While the traditional payment is in a more closed system, such as post offices, banks operate, has great limitations.

Second, convenient - online payment 24 hours a day connected, consumers can pay anytime, anywhere through the Internet implementation. The traditional payment methods are limited by time and space, it is difficult to meet the needs of many users in time, space and other habits.

Third, fast - online payment can realize the order information in real time query, including whether the order is successfully paid and other information. The traditional payment method requires consumers to notify the merchant before the merchant can go to the appropriate unit to inquire, the process is cumbersome and time-consuming.

Fourth, economic - online payment has a low-cost advantage. This advantage is specifically reflected in the formation of low cost, low business costs and low operating costs and other aspects. In terms of the bank's single business costs, the cost of online payment is only 1% or less of the cost of traditional payment.

Fifth, online payment can also play a role in stimulating consumption. To some extent, online payment enables consumers to complete the transaction process smoothly when their desire to buy is strongest, thus promoting the development of e-commerce.

Obviously, online payment is more convenient and faster than traditional payment, which is the key to its superiority. At present, online payment in the function of expandability, technical security, system ease of use and other levels of the strong position is becoming more and more prominent, is bound to become the enterprise directly to the terminal market, improve economic efficiency, reduce operating costs, enhance core competitiveness and accelerate the development of the main flow of funds.

The emergence of e-payment and Internet banking will greatly impact the development of traditional payment.

Electronic payment and internet banking will greatly affect the development of traditional payment.