Analysys International compared the business scope of the first batch of 27 licensed payment companies, and found that the bank card acquiring business became a payment service with a higher proportion of applications and approvals by third-party payment companies. Third-party payment companies are no longer satisfied with a single Internet payment, and began to gradually expand to the offline, starting a full line of business layout. As an important offline market, the bank card acquiring market (ie POS acquiring market) is valued by third-party payment companies. Therefore, after the issuance of licenses, more and more companies will accelerate their expansion in the POS acquiring market. (1) Providing fund collection and clearing functions for merchants on the basis of POS receipt, third-party payment companies can operate the accumulated experience of Internet payment services in this area to the acquiring field; (2) Give full play to the financial attributes of the POS acquiring business, and upgrade the traditional POS to a financial POS to provide secured transactions and credit services for merchants and users. The credit business will become the main source of profit for the POS acquiring business; (3) The POS acquiring business is closely combined with the equity business to play the marketing function. For example, the payment company provides marketing value-added services to merchants by cooperating with some merchants by providing users with interest services such as points and consumer discounts. 160G Toothpaste,Activated Charcoal Toothpaste,Dentist Toothpaste,Gel Toothpaste Shenglong Co.,Ltd , https://www.sl-oralcleaning.com
Analysys International believes that with the increase of third-party payment companies in the POS acquiring market, the competition in the acquiring market will further intensify, and the profit margin obtained solely by relying on the receipt will be further compressed and eventually disappeared. In the future, POS receipts will evolve into a fund payment channel. Payment companies no longer rely on a single POS acquiring business to generate revenue. Developing various forms of value-added services will be a breakthrough in the future POS acquiring market. Take Shanghai Kayou as an example. In the acquisition solution for the wholesale market, Kayou began to earn revenue through value-added services based on the receipt, such as warehouse receipt financing, microfinance, customer relationship management and so on. Analysys International believes that the value-added services of the future POS acquiring market can be launched in the following three directions:
On May 26, the People's Bank of China announced the payment business license, and the first batch was awarded to 27 units. Among them, Alipay, UnionPay Business, Tenpay, and Epro were all licensed, and the business license also stipulated the enterprise. Business scope, bank card receipts become one of the businesses with higher success rates in addition to Internet payment.
March 30, 2023