What is the impact of Alipay and WeChat payment on the banking industry?

The impact of Alipay and WeChat payment on the banking industry is still relatively large.

2065438+In July 2006, twelve banks joined hands to transfer money for free through electronic channels. Alipay and WeChat appear as new payment methods. The main advantages over traditional payment are user experience, such as convenience, speed and security, followed by value-added services, such as after payment is completed.

The system can form automatic reconciliation and bookkeeping records, which brings great convenience to users' consumption and sales, which is precisely the weakness of traditional banks. Taking advantage of its own advantages, in order to quickly prevent a large amount of funds from entering Alipay, banks began to besiege Alipay from the policy.

Extended data:

Alipay and WeChat payment are introduced as follows:

Bank card to Alipay, WeChat limit, charges, etc. In addition, the bank has made the following planning adjustments: fully learn from other people's superior products. Taking Yu 'ebao as an example, the bank strengthened market research and quickly launched similar products by virtue of its inherent advantages in operating deposits.

For example, online banking can automatically purchase T+0 to redeem the money fund and expand the payment function of T+0 money fund. In order to reduce the impact of Alipay and WeChat on related businesses of commercial banks.

People's Daily Online-Alipay and WeChat payment hurt the bank POS payment by 30%.

People's Network-Third-party payment opens the payment mode. Why does WeChat Alipay sing against the bank?