In recent years, mainland mobile payment has been continuously popularized, whether it is young urban white-collar workers or melon farmers who go to the city to sell vegetables, everyone is using mobile phone mobile payment. Compared to cash payments, mobile payments can avoid problems such as paper money change or receiving counterfeit banknotes.
The data shows that the number of users using Alipay has reached 1.2 billion, while the number of WeChat users has reached more than 1.15 billion, which fully shows that more and more people in China use this payment method. But it is strange that in more developed countries, the less mobile payment is used, and even their own people cannot use mobile payment tools.
First, why is it difficult to popularize mobile payment in developed countries
Mobile payment is very popular in the mainland, so that users rarely use cash payment, why is the popularity of mobile payment tools such as WeChat and Alipay less and less in more developed countries? Analyzing the reasons for the difficulty of popularization in developed countries, there are mainly several reasons.
1. Security issues
The inhabitants of our country were originally poor to rich, and everyone did not care much about personal privacy, as long as this mobile payment tool was easy to use and fast. But in the developed world, ordinary people have always been wealthier, they are more concerned about personal privacy information not being illegally obtained by others, so mobile payment is not suitable in developed countries.
2. Consumption habits
In developed countries, they are more accustomed to using credit cards for daily consumption, which is also their consumption habit for many years, and residents in developed countries generally believe that bank-issued credit cards have strict protection for their privacy. In developed countries, most residents like to spend ahead of time, overdraft credit card debt, mobile payment to bid farewell to the habit of overdraft consumption.
3. Governments and banks in developed countries do not encourage mobile payments
It's not hard to understand why if there were mobile payments, the credit card business of the banking industry would suffer. Banks in the developed world differ from those on the mainland, which rely mainly on deposit and loan spreads, while banks in developed countries rely mainly on intermediary and retail business.
4. Developed country networks lag far behind the continents
The networks of developed countries mainly cover the central urban areas of large cities, and for rural areas, due to the long recovery period of base station construction, the network cannot be covered and mobile payment cannot be used. Therefore, the development of mobile payment abroad is related to the failure of its network to achieve full coverage.
Second, why mobile payment can be popularized in the mainland
Mobile payment has developed rapidly in the mainland, as long as you bring a mobile phone to get everything, all aspects of life can be paid by mobile phone, and some people jokingly claim that it is precisely because of the launch of WeChat Alipay that thieves have been indirectly eliminated. In recent years, while mobile payment has brought us convenience, it also has fatal flaws and must rely on the network.
When the network is lost, there will be an embarrassing situation, although the possibility of no network being available is very small, but it cannot be completely eliminated, is there a way to achieve transactions without using the network? The answer is yes. That is the NFC function of the mobile phone, NFC is a short-range wireless communication technology, as long as the mobile phone terminal is bound to bank cards, credit cards, etc., you can achieve payment through the NFC function.
The NFC function is similar to the way the bus card works, without network card support, consumption can be achieved by swiping the card, and the digital currency issued by the central bank can also be used without the network. The digital currency issued by the central bank is different from the three-party payment platforms such as WeChat and Alipay, but replaces the currency in the form of electronic money.
In addition to the different forms of expression of electronic money, like paper money, the digital currency issued by the central bank will be installed in mobile phones, digital currency wallets, whether it is payment or remittance, there is no need to rely on the network. In some developed areas of the mainland, the pilot work of digital currency has begun, and the salaries of government officials are also paid through digital currency. Digital currency is more convenient and fast, and there is no restriction of networks such as WeChat and Alipay, which will be the main means of payment in the future.
Will cash payments be completely eliminated?
Mobile payments have made their way into most people's lives. By 2020, the use of mobile payment in mainland China has exceeded 850 million, and this number will continue to grow. Moreover, the central bank has launched the digital yuan pilot in the past two years and has achieved considerable success in many pilots, so has cash payment been completely eliminated by the times?
Mobile payment is really convenient, no matter where to spend, as long as you take out the mobile phone to sweep or be swept, you can make the entire consumption process completely complete, no need to consider other reasons, even if the wrong amount is deducted, you can find it in the first time through the record, no longer need to hold the banknote to calculate carefully. And after the emergence of mobile payment methods, the number of counterfeit money has decreased significantly, mainly because mobile payment has strong anti-replication and anti-theft.
Few people can make a difference in the field of mobile payments. Since secure payment means are extremely powerful in this field, a breakthrough in the field of mobile payment security is equivalent to committing a very serious crime. Even if we lose our phone, we can still get back the money we previously saved in the payment platform through the account, and we will never lose it completely due to some problems.
In any case, the benefits of mobile payment are obvious, but this does not mean that mobile payment is used to replace cash payment, because paper money has its unique advantages and significance, and mobile payment is especially convenient for ordinary people.
Some banknotes change from the nature of circulating money to collectibles. Many collectors divide banknotes differently according to the year, and some banknotes with a small number of issues and special significance will increase the collection value a lot, and the renminbi pattern is also very distinctive.
In addition, there is a certain amount of privacy in paper money transactions, after all, there are many friends who do not want to disclose their consumption habits, and mobile payment is judged by big data. If you use mobile phone payment for a long time, each of our transaction records will exist in the platform, the platform is likely to use this to analyze everyone's consumption habits, and we are constantly making related consumption, at this time many friends feel very disgusted, and using paper money transactions can completely get rid of these problems, so that their transaction privacy is better protected.
brief summary
Today, when mobile payment in the mainland is booming and popularizing a large area, although many developed countries have also begun to use mobile payment, the use rate is pitifully low, and the reason is mainly caused by various considerable reasons. The rapid development of mobile phone payment in the mainland has made the Chinese people bid farewell to some troubles in the paper money era, and now paper money also has some special collection value.
While the global era of mobile payments may still be a long way off, we firmly believe that electronic money must dominate the future of payments. What do you think about the unsatisfactory popularity of mobile payment in developed countries?