Rekindling looking back has been three lives

Chapter 103 The real hero
Anyway, it was just chatting, and Svensson also started to ask.

Wu Chuzhi smiled coldly, "Forget it, old man, I'm going to die! The payment system should not be touched by individuals."

Swensen shrugged his shoulders, he knew what Wu Chuzhi was worried about.

There is no way, Huaguo has its own national conditions here.

But what about marrying abroad?

Money knows no borders.

In Huaguo, it is true that the payment system cannot be in the hands of individuals, because Huaguo is the central bank of the country.

But other countries are different.

Basically, they are all private central banks, and the natural payment system can be private.

Wu Chuzhi had no place to absorb such a huge demand, but he had plenty of ways.

In his home country, small electronic payment has always been a big problem. If the supply side of this system is transferred to the beautiful country, it will be perfect.

People in the beautiful country buy a recharge card from his card sales company to get a credit, which can be used to buy items in local supermarkets.

For this reason, he can subsidize 1% on both sides of the transaction, that is, in a transaction of 100 yuan, the consumer actually gets 100 yuan after charging 101 yuan, and after using 100 yuan, the merchant only needs to pay him 99 yuan.

Merchants in the beautiful country generally need to bear 2.5% of the credit card channel fee, which means 3.5% of the net profit.

For a large number of merchants with a net profit rate of only 10%, this is an additional 35% profit. Svensson can't think of why they would refuse.

When a large number of merchants take the initiative to use this transaction mode, natural consumers will follow, and the base effect will become larger and larger.

As for the two yuan he lost, it doesn't actually exist, or the telecommunications operator in Huaguo will replenish him.

Because when he is very large, when the operator sells the card to him, he will sell it at a discount.

In China, agents usually get a 92% discount, while for foreign agents, in order to promote sales, the discount is usually more, usually 88% off.

So if Svensson sets up the card sales company overseas, he can earn 10 points of gross profit in this link alone.

Swensen is an economist who pursues the long tail theory. In the structure in his mind, this is only one link.

After obtaining the card code sent by the beautiful country customer, the overseas card sales company can sell the card code to the recharge company set up in China.

The top-up company then uses the card to top-up the target customers, charges the top-up fee, and completes the entire business.

However, Svensson can successfully transfer all domestic funds to overseas companies legally through this method, forming a foreign exchange fund pool.

The card transaction is completed before the beautiful country users spend the money, and there is a time difference in the middle, which means that there is a large amount of accumulated funds in this treasury.

Based on the precipitated funds in this foreign exchange treasury, Svensson can carry out a series of show operations.

For example, the problem of foreign exchange quotas and letters of credit for small and medium-sized enterprises can be solved through this.

In effect, Svensson built a legal underground money house.

The profit in this process far exceeds the card transaction itself.

Looking at the transaction structure diagram on the notebook, Wu Chuzhi pondered for a moment, and drew two circles on it, "Master, there are still two loopholes in this model.

Let me talk about the first one first, why do game companies accept Shenzhou Pay?
Taking "Mythology" as an example, 30% of Shengda's income should be paid to game developers in Korea, 30% should be paid to channels, and the remaining 40% is their gross profit.

For them, whether they use Shenzhou Pay or the channels of telecom operators, the channel fee is 30%.

And as far as I know, all game companies are building their own sales channels to expand profits.

Although there are a lot of channel expenses for printing point cards or consignment sales through Internet cafes, they can be reduced from 30% to 18%. This is the direction that game companies will focus on in the next few years, let alone online payment in the next few years.

Indeed, there is what we call the applicable crowd factor, but game developers are not still fools, and there are other ways to circumvent this.

It is the terminal that sells point cards, not them, so there is no legal risk at all.

I really didn't understand how Shenzhou Pay persuaded the game company. "

Svensson laughed, no matter how evil he is, he is still a young man.

He returned to the teaching mode, "Account period. It is also 30%. The payment by Shenzhou Pay is instant. As long as the player completes the transaction, the transaction between Shenzhou Pay and the game company is also completed at the same time.

Players provide the code of the recharge card on Shenzhou Pay, and within 5-30 minutes, they will get the game point card code sent by Shenzhou Pay.

As for the 100 yuan game point card, Shenzhou Pay directly gets 70 yuan.

In this model, the game company, players, and Shenzhou Pay will complete the settlement of funds within 30 minutes.

For game companies, this is much more cost-effective than telecom operators' one-month settlement, or one-quarter settlement.

Let's talk about the problem of game companies building their own sales channels.It was not without obstacles in the early stage. For example, when they entered the network, they encountered troubles.

At that time, Sun Haitao, the person in charge of Shenzhou Fu, sent text messages to Ding Sanshi for a whole year before discussing the cooperation.

The reason why Ding Sanshi did not accept the offer at all in the early stage was that he was worried that the intervention of Shenzhou Pay would destroy NetEase’s own real card channel, which involved the necessity of the existence of the market where Shenzhou Pay was located. "

Seeing Wu Chuzhi's realization, Swensen continued, "Before Shenzhou Pay appeared, game companies mainly issued their own point cards.

Through the general agent and sub-agents, they were approved one by one. In the early days, the major Internet cafes were the terminal channels of companies such as Shengda and Wangnan.

However, there are two problems. First, the penetration rate of outlets is still too low. It is not easy to distribute game cards to hundreds of thousands or millions of newsstands in China;
The second is that it is too risky for the agent. The general agent has to take out a large amount of advance payment to buy some cards. What if the game does not become popular?
Therefore, there are only a handful of game companies that are capable of issuing their own point cards. Of course, Penguin, Wangnan, and Shengda are another matter.

On the contrary, the penetration rate of mobile phone top-up cards is much higher.

In 2007, the revenue of Huaguo's game industry as a whole was 60 billion yuan, while the three major operators earned more than 1 trillion yuan a year from phone bills.

In contrast, there is a big gap between the penetration rate and popularity of prepaid recharge cards and game point cards.

Therefore, game companies will also choose to cooperate with third-party payment tools such as Shenzhou Pay while building their own channels. This is the rationale for the existence of Shenzhou Pay. "

Wu Chuzhi nodded, he understood this.

Appropriate profit concessions can also be adopted for strong large companies. With the advantage of the billing period, coupled with the purchase factors of specific groups of people, as long as there is a slight price difference with the channel fees of telecom operators, the possibility of large companies entering the market is very high.

This is especially true for small game companies. Shenzhoupay also has the advantages of sales outlets that they do not have.

"The second loophole is that this model is too simple and highly reproducible. No matter what angle you look at to make money, people will grab it.

When Shenzhoufu is no longer the only player in the industry and is also facing the pressure of competition, its gross profit will definitely decline rapidly as the price war unfolds. "

Facing the second question asked by Wu Chuzhi, Svensson smiled, "That's true. This model is worthless, and it is a stable risk-free arbitrage.

As long as the demand for left and right hand resources is always greater than the supply, this model can continue forever. "

After that, he paused and laughed loudly, "Boy, don't forget, this is an Internet-based business model.

In the context of the Internet, there is a saying called 'winner takes all'.

When you establish a stable cooperation with a game company, others will have to pay a huge price to replace you, and as long as you survive that period, the entire market is yours.

This model seems very simple to us now, but there are very few people who can really understand this model from the outside.

Otherwise, there would not have been a situation where the IDG gang couldn't figure it out for several months.

Besides, are you a fool?Isn't it good to make a fortune in silence?
This was the case with Shenzhou Pay back then. After several years of operation, no one understood how they worked.

until they hit the market.

And I personally think that the biggest failure of Shenzhoufu is its listing.

To go public, he must clearly explain the trading model. In black and white, this model will not be mysterious and will be made public.

Only then did competitors and replicators appear later, resulting in a decline in his gross profit.

Of course, I must also admit that this was also my appeal at the time.

If he is not listed, I can't withdraw, and I can't realize my income quickly and at a high premium.

But you are different. You have no investors at all, and you have no worries about becoming a public company, so you can play for a long time.

Although, ten years later, you will be completely defeated by mobile payment and real-name authentication.

But you don't lose anything, and you earn what you should earn. This model is not the direction of heavy assets. "

Swensen also had to admit that Wu Chuzhi was actually more suitable for this model than Sun Haitao.

Sun Haitao's shortcoming lies in the insufficient funds and required resources in the early stage.

However, Wu Chuzhi does not have this difficulty at all. Whether it is the turnover of Tianjing Company or the subsequent income from the selfie stick, it can provide assistance in its development.

And the resources needed can also be quickly opened up through his cheap father-in-law Qin Yuanchao.

Wu Chuzhi nodded in conviction, "Then the problem now is technical. I have to build a complete and reliable trading system."

As soon as he finished speaking, Wu Chuzhi's cell phone rang.

Looking at the name 'Kong Hao' flashing on the screen, both he and Svensson laughed.

A genius programmer who can take the lead in creating an interconnected system of all things in parallel time and space, doing this thing is not like playing.

"Okay, I'm going back to catch up on sleep, the rest is your own business." Svensson interrupted the link.

Wu Chuzhi answered the phone, told Kong Hao the address, and then sat down and waited.

Huaqing University, he can't get in. Doesn't the air conditioner in McDonald's smell good?

……

The little golden figure in the bracelet sits cross-legged in the air in melancholy, looking at everything outside with a gloomy expression.

He didn't see Swensen's evil intentions, and he didn't think about it at all.

What he was worried about was that Wu Chuzhi outside would open a Pandora's box if he did this thing.

Shenzhou Pay is actually a distribution platform for digital products, and its model itself is inherently underground.

What pain points does it solve?
It has matched the transactions of people who should not have appeared in this market and products that should not have been sold to this group of people.

The simplest and most intuitive example is to allow minors to obtain a channel to recharge the game.

But this channel itself can not only be used for recharging games.

Compared with other uses, games may be the least harmful aspect of it.

For example, some evil websites or software also use this method to pay for their users, but it is more secretive.

But no matter how many architectures are used, the core architecture is still bridged by mobile phone bills.

The little golden man remembered an old acquaintance.

The uncle who was driven to a corner by him and finally committed suicide, Yan Yishan.

If this model is obtained by a card dealer who has a large number of mobile phone numbers and call resources, people like Yan Yishan can make a lot of money.

Such as the source of funds on the dark web.

Through the transaction mode of one end inside and one end outside, funds can easily flow out to overseas underground black villages.

The golden villain believes that some money cannot be earned, such as this Shenzhou payment.

But he has no way to stop it now, whether it is Wu Chuzhi's trust in him outside or his own strength, he is far inferior to Svensson.

At this moment, a big boy walked in the door, and the little golden man could only helplessly watch what happened.

But at this moment, Kong Hao startled Wu Chuzhi.

Sighing stubble, hair like a chicken coop, and haggardness written all over his face.

Most importantly, there is no light in the eyes.

"Haohao, have you got a claw?" Wu Chuzhi stuffed a glass of happy fat house water.

This is Kong Hao's favorite, but he doesn't seem to be in the mood right now.

Kong Hao was silent for a while, and a trace of bitterness appeared at the corner of his mouth, "Chuchu, I'm leaving the base class."

Wu Chuzhi frowned when he heard the words, "What's going on? Didn't I hear you say last time that you were doing a photon forward-looking experiment? Was it dismissed?"

The base class is the bottom elimination system. Kong Hao was a substitute at the end of his sophomore year, but he has always been in the middle class, and he will not be able to get out of the class.

Kong Hao rolled his eyes at him, "Optoelectronics! Not photons! It's a polymer electro-optic modulator on graphene material based on the research of optoelectronics!

That is, the bandwidth can reach... Forget it!I can't explain it clearly to you, a liberal arts student! "

Looking at the bewildered Wu Chuzhi, Kong Hao curled his lips, he was also drunk, what would he do with a pure layman.

He sniffed, "The main research directions and resources of the base class are all tilted on the quantum computer physical device..."

Seeing that Wu Chuzhi's eyes were lost, Kong Hao sighed, "Well, let's put it this way, my forte is software, and the base class is now playing with hardware.

Although this is a subject that combines software and hardware, I can't bring out my strengths, so I decided to quit the base class. "

Wu Chuzhi frowned, with a puzzled look on his face, "Isn't this a good thing? Why are you so sad?
You did not follow blindly, but walked in the direction of your own life. I think this is something worth celebrating. "

"The reputation is a bit bad. After all, he returned from the base class to the regular class." Kong Hao shrugged his shoulders.

Wu Chuzhi glared at him speechlessly, "You want to save face... No! You want to lose face! Your baby has something to hide from me!"

He suddenly reacted.

As Wu Chuzhi's brother who is not his own brother, will Kong Hao lose face?

What an international joke!
Moreover, Wu Chuzhi admired Kong Hao's psychological quality very much.

In the college entrance examination that year, Kong Hao had actually received a letter of recommendation from Huaqing University, and his only purpose for taking the college entrance examination was to get the No. [-] Scholar.

In Kong Hao's eyes, the number one scholar is in his pocket.

He also has this confidence. In the three diagnostic exams before the exam, he dropped No.2 by at least 10 points.

In other words, No.2 is no longer a student of the same level as him. No matter the competition or the exam, Kong Hao is the absolute leader of that class.

However, Kong Hao lost 18 points because of the failure of the hearing equipment in the college entrance examination, and the number one student in science was only 4 points higher than him.

On the train to report to Huaqing University that year, the number one student in science even crossed a few carriages and mocked Kong Hao with the admission notice of the base class.

Kong Hao didn't say anything.

So, when he was a substitute in the base class, Kong Hao replaced the No. [-] pick.

With this kind of psychological quality, would you be afraid of losing face?
Kong Hao suddenly slumped his shoulders, "Chuchu, please help me, I seem to be broken in love. Sister Xixi has ignored me for a month."

Wu Chuzhi patted his forehead and looked at him speechlessly.

As a student, Kong Hao can be regarded as a pentagonal fighter, the only one with short legs is sports.

This is also something that can't be helped. Anyone who has asthma can't be very good at this sport.

Of course, if the whole consideration is extended to the perspective of life, Kong Hao still has a short leg.

Emotional intelligence.

It seems that IQ has used up all the talent points. In terms of EQ, Kong Hao is very touching.

Especially emotionally.

Of course, it may also be that the school age is a bit younger. Kong Hao, who was born in March 84, will always be the youngest in the same grade.

If he is at least one year younger than others, he is destined to be in the class and always be that younger brother.

No matter boys or girls, even teachers, they all treat this smart child as the youngest child in the family.

Kong Hao, who grew up in such an environment, did he have any emotional experience when he was a student?
Therefore, when he met the girl he liked, he was completely at a loss.

"Please! Be sober, you have never been in love, how could you be broken in love!" Wu Chuzhi looked at Kong Hao with some resentment.

Meow!Everyone surnamed Kong is like this, he has the same virtue as the youngest Kong Ziqian in his dormitory.

Obviously just a crush.

But Kong Hao and Kong Ziqian are completely different things.

Confucius Qian is completely unrequited love.

Kong Hao, on the other hand, had a good impression of each other, but he never revealed it.

"Tell me, how did you provoke that sister Xixi this time? I really owe you in my previous life!"

Wu Chuzhi felt helpless.

After knowing the experience of the two lives in the parallel time and space, he always felt that he was a tool man who was specially here to save the people around him.

Especially Kong Hao.

As if he was the real hero.

……

【Recommendation Ticket】Channel~
【Monthly Pass】Channel~
Ask for collection~
Please subscribe~
(End of this chapter)