Perfection of Rebirth

Chapter 491 Competition in the payment field

Chapter 491 Competition in the payment field

Although this scolding battle is over on the surface, it has also stimulated their respective sense of competition.

"Mr. Jiang, this is our cooperation plan with Beijing West this time." Shen Yanhuan came to Jiang Hui's office and gave Jiang Hui the next promotion plan of Guanghui Payment for confirmation.

Although Guanghui Payment is now the largest online payment company in China, with more than 5000 million registered users, Jiang Hui does not dare to take it lightly, and Alipay is chasing closely behind.

Online payment has the advantages of convenience, speed, efficiency and economy.As long as the user has an Internet-connected PC, he can complete the entire payment process in a very short period of time without leaving home.The payment fee is only equivalent to a few tenths, or even a few hundredths, of traditional payments.Online payment can completely break through the limitations of time and space, and can meet the 24/7 (7 days a week, 24 hours a day) working mode, and its efficiency is beyond the reach of traditional payment.

Originally, the network payment developed very fast in Tianchao, but with the influence of Jiang Hui, a reborn person, it developed even faster.

Of course, in order to avoid security problems in the fast-growing Guanghui Payment, Jiang Hui also made great efforts to recruit a bunch of network security experts. Of the more than 600 employees in the entire Guanghui Payment, [-]% are technicians.

Brilliance Payment can use digital signatures and digital certificates to realize the authentication of all parties in online business to prevent payment fraud, authenticate the validity of the identities of all parties involved in online trade, and issue digital certificates to participating parties through certification agencies or registration agencies. certificates to verify the legitimacy of their identity.

At the same time, Brilliance Payment also uses a dual-key system to encrypt and decrypt all information flows.By adopting technologies such as digital envelopes and digital signatures, the confidentiality and integrity of data transmission are enhanced to prevent unauthorized third parties from obtaining the true meaning of information.

It is not a fluke that Guanghui Payment can develop to this day. Jiang Hui has paid a lot silently.In fact, online payment cannot be done by any company. Its settlement involves multiple parties such as customers, merchants and banks. The transaction will continue, and the bank will only provide payment if the payment is confirmed.In order to ensure security, the merchant cannot read the customer's payment instructions, and the bank cannot read the merchant's purchase information. This multilateral payment relationship needs to be realized with the help of technologies such as double digital signatures provided by the system.

It is also because of paying so much that Jiang Hui hopes that Guanghui Payment will be successful.And Guanghui Payment did not disappoint Jiang Hui, and became the largest online payment company in China as he wished.

However, Jiang Hui was not satisfied. He was used to going out without even carrying a wallet. Jiang Hui, who only carried a mobile phone, set various goals for Guanghui Payment.Today, Shen Yanhuan, as the vice president, is here to report on the new cooperation between Brilliance Payment and Jingxi.

For a long time, Guanghui Payment has lacked a dedicated shopping website to support its development.Although Xiaonei, Guanghui games, etc. also need to use Guanghui payment frequently, but without the use of shopping websites, it always makes people feel that something is missing.

"Is the operation of Guanghui Payment still stable after taking it to Jingxi?" Jiang Hui asked while taking the information handed over by Shen Yanhuan.

"It's quite stable. Our Guanghui payment is very mature, and Jingxi's daily orders are not many. This connection can be said to be perfectly completed."

"Well, that's good, but Jingxi's trading volume will go up when it's finished, we have to be careful not to have any payment problems at that time."

"OK".

"Five yuan off for every one hundred? Is this too low?".

"Mr. Jiang, the things sold in Jingxi are all high-quality and cheap genuine products, and the profit margin is very low. We are subsidizing the fee by five points again. In fact, we are almost out of money."

"Discuss with Liu Qiangxi again, Jingxi and Guanghui will each offer 1000 million yuan, and launch a campaign that you can use Alipay to get a discount of [-]. Guanghui will add a link to Jingxi on its official website at the same time."

Although Guanghui Investment only holds 40.00% of the shares in Beijing West now, Jiang Hui believes that after the second and third rounds of financing, Guanghui Investment will definitely hold more than half of the shares, so it is not a bad idea to support Beijing West now. I have more energy.

The full discount event is a rotten street promotion method in later generations, but it was quite new in 2006.

"Mr. Jiang, according to this strength, we are selling things at a loss?"

"The significance of the event cannot be simply calculated from the profit margin. There are several benefits to the full discount event.

First, discounts make users have an impulse to buy, and many things that can be bought or not bought become want to buy.

Second, full discount coupons are time-limited, which will allow users to place orders as soon as possible. Many people who originally wanted to buy products that have been added to their favorites or shopping carts place orders because they want to catch up with the discount, which can make most of the expected sales come true.You know, many of these people may have forgotten in two days or saw better and cheaper ones later.Only when an order is placed will there be results, and if no order is placed, it is likely to be lost.

Third, full discounts will allow users to take the initiative to make up orders.Originally, I only planned to buy more than [-] things, because users with full discounts may add more than [-] things, and earn more on average.

Fourth, multiple items can amortize logistics costs and various costs.

Under these measures, the sales volume, customer unit price, and the number of sales items have all increased, and the report is much more beautiful in an instant.All costs have been shared equally, the numbers are better, and the most important buyers are satisfied.This is the sales method of Internet e-commerce." Jiang Hui had a rare talk with Shen Yanhuan.

Shen Yanhuan, as the deputy general manager of Guanghui Payment, is usually in charge of the company's daily affairs, so Jiang Hui felt that it was necessary to talk to him carefully, and let him understand that sometimes spending money now is to earn a lot of money in the future.

"Mr. Jiang, I understand. I will contact Jingxi again immediately."

……

"Mr. Ma, Brilliance Payment and Beijing West jointly launched the use of Brilliance Payment to settle settlements in Beijing West where you can get [-] off [-]. Should we follow up?"

"We must follow up. Guanghui Payment has been overwhelming us now. We must keep up with its pace and not be left behind by it."

"But there is a problem. The merchants on our platform are all personal. If we launch a full discount event, it is equivalent to our company subsidizing merchants for free."

"The wool comes from the sheep, and sooner or later the money will be recovered from them."

"Understood, then I'll arrange it right away."

……

Brilliant Pay and Alipay, which have broken away from the scolding war, have started a new round of subsidy wars with real knives and guns. Not every company can follow suit.

(End of this chapter)

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