Traditional Culture Encyclopedia - Traditional customs - Which do you think is better, cash payment or mobile payment?

Which do you think is better, cash payment or mobile payment?

Cash payment is the simplest way to pay the price in a transaction. Internationally, cash payments are made in both immediate and deferred payment. Deferred payments are usually made with the help of an investment bank, which can issue some form of note on behalf of the acquiring company as payment to the target company's shareholders. The acquirer can repay the note over time using cash receipts generated by the target company.

The advantage of a cash payment is that it is a simple and quick transaction, especially in the case of a hostile takeover that catches a rival off guard.

The disadvantages are twofold:

1. The acquirer will have to make a large cash outlay in the short term, and if the acquiring company is unable to obtain the necessary financial support through other means and has to pay with the company's cash in hand, the company will be under great pressure.

2, the seller receives cash, the books appear a large amount of investment income, the income tax payable also increased a lot, if you can defer payment or to pay in equity, the target company shareholders tax burden can be postponed or reduced.

Mobile payments are payments that are completed or confirmed using a regular or smartphone, rather than cash, a bank card or a check. Buyers can use their cell phones to purchase a range of services, digital products, or merchandise, among other things.

Advantages: convenience, security, environmental protection, awareness, financial management, trendiness, discounts, etc.

Disadvantages: risk of theft, leakage of personal privacy, problems with cell phone battery life, etc.

Warm Tips: The above information is for reference only, and is not intended to be any advice.

Answer time: 2021-09-17, the latest business changes, please refer to the official website of Ping An Bank announced subject.

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