Joint JPMorgan Chase Alipay to provide bank card services for American buyers of Alibaba.
Recently, JPMorgan Chase announced that it will join hands with Alipay to provide credit card payment processing services for B2B business department of Alibaba Group.
JPMorgan Chase is the number one transaction processing provider in the United States. The launch of this new feature will enhance the service experience of American users at Alibaba International Station.
According to Statista's prediction, in 2020, the global online transaction volume will reach 4.2 trillion US dollars. With the rapid growth of e-commerce market, small and medium-sized enterprises increasingly need fast, convenient and safe payment schemes to better meet the needs of global users for differentiated payment channels and methods.
With JPMorgan Chase's payment processing capability, Alipay can now provide better bank card payment services for Alibaba's transaction protection in the United States, and provide free payment and order protection services for transactions on all platforms.
Douglas Fagan, senior vice president of Ant Group, said, "We are very happy to cooperate with JPMorgan Chase in digital payment business to support the digitalization and globalization of American SME business."
02
PhonePe continued to lead in September with a turnover of16.5438+0.9 billion UPI.
The use of PhonePe and Google Pay in digital payment is in the market leading position in dealing with unified payment interface or UPI transactions.
According to the data released by the National Payment Company of India, in September, the two companies * * * handled 2,947.75 million transactions, among which PhonePe was ahead of Google Pay, recording 65.438+06.5438+09 billion transactions.
Google Pay recorded transactions worth 654.38+294.56 million rupees. 2,503,936,500 yuan, and the amount handled by PhonePe is recorded as rupees. 306,437.37 million. In the past 10 months, PhonePe has been ahead of Google Pay in terms of transaction volume and transaction amount.
United press international recorded transactions worth 3.65 billion rupees. In September, 65435 1.8 1 ten thousand.
As far as UPI's volume market share is concerned, as of September, PhonePe and Google Pay controlled 45.2% and 35.42% respectively. Last month, PhonePE's share in August was 45.64%, while Google Pay's share was 34.72%.
Among the top five UPI uses, Paytm[Paytm Payments Bank] recorded 462,765,438+billion transactions, amounting to 40 million rupees. 537.9306 billion, followed by Amazon Payment and BHIM, which recorded 62.9 million and 25.36 million transactions respectively.
WhatsApp has been showing impressive figures, breaking through the 1 10,000 transaction mark for the first time. The Facebook messenger recorded a transaction worth 10 10000 rupees. In September, it was 623, 100, compared with 500,000 rupees. Last month it was 447 million.
It is worth mentioning that PhonePe was also the most downloaded financial technology in India in September.
According to the data of Sensor Tower, the number of downloads of PhonePe on Play Store and App Store reached 6.5438+0.32 million this month, followed by 6.4 million from Google Pay and 5.9 million from Paytm.
03
Two top engineers of the Facebook project left digital currency.
10 On June 2nd, two top engineers of Facebook Blockchain and Digital digital currency Project left to join the cryptocurrency team of Anderson Holovitz (a 16z).
Riyaz Faizullabhoy and Nassim Edkuouaq spent two years developing Novi digital wallets for Facebook. It was called Calibra at first, and then it was renamed.
However, Facebook digital wallet was resisted by global regulators and legislators, and eventually many senior leaders left the project.
Andreessen Horowitz's cryptocurrency team is named a 16z Crypto, Riyaz Faizullabhoy will be the chief technology officer of the team, and Nassim Edkuiouaq will be the chief information security officer. In June this year, Facebook set up a new cryptocurrency fund with a scale of $2.2 billion.
A 16z invested in cryptocurrency and blockchain in the early days, and the listing of Bitcoin base made a 16z earn a lot of money. On the other hand, Facebook has no outstanding achievements.
In 20 19, Facebook established the Calibra project, and announced that it would launch libra digital currency, and related products would be launched in 2020. But 202 1 year will soon pass, and we haven't seen the shadow yet. Calibrata changed its name to Novi and libra changed its name to Diem.
04
Australia's payment market may face great changes! A new eQR payment platform will be launched.
Federal Bank and National Bank of Australia, as well as supermarket giants Coles and Woolworths, all cooperated with Eftpos to launch a new eQR payment platform.
This platform is similar to Pay-as-you-touch launched in 2007, which is expected to greatly change the payment market structure in Australia.
"The epidemic has changed the behavior of customers, and Australians are now ready to accept the enhanced payment experience provided by eQR," Benton said.
Since the integration was completed in July, some Australian companies have tried this payment method. The payment system will allow shoppers to pay, scan discount cards and receive digital receipts. Compared with other payment methods, the security is also higher.
Related Questions and Answers: Related Questions and Answers: What are the general payment methods abroad? Why? First of all, there are several national payment methods.
PayPal, that's how Musk started. It is a foreign Alipay method with simple usage. In the early years, it was registered by email, and in the early days, it was registered to send US dollars. Now it's the charging period. Now you need to register your mobile phone number. Now PAYPAL needs to charge a handling fee. The first handling fee is similar to that of POS machines, and there are also currency exchange fees and withdrawal fees. The cost is not low. However, the biggest advantage of PAYPAL is relatively free currency exchange. Pay attention to foreign anti-money laundering rules when using.
QIWI wallet, which is Russian payment software, is not very convenient. You need to buy a foreign SIM card, that is, the phone number, in order to register. This compatibility is not as good as PAYPAL, and I am not satisfied with it. Mainly in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, United States and United Arab Emirates. Its function is similar to PAYPAL. Of course, since it is Russia, sometimes things are more convenient, you know.
Japanese payment software WebMoney keep is a subsidiary of KDDI. Good use and bad use exist at the same time. Good use means that domestic mobile phones need to be registered, but bad use. Verify, verify, and verify again. Appropriate loss of SMS fees. Of course, cross-border payment is mandatory, so try it.
Sofortbanking, the Europeans are here. Don't you think this is Softbank? NONO, this is not Softbank, this is a payment software in Europe, which was established in 2005 and headquartered in Munich, Germany. Sofortbanking supports most bank transfers in Germany, Austria, Switzerland, Belgium, France, the Netherlands, Britain, Italy, Spain, Poland, Hungary, Slovakia and the Czech Republic. If you need trade with these countries, you may need this payment software. Unfortunately, he doesn't have an APP. It should be noted that he is a payment method and does not touch money. He is only responsible for transfer docking, and you can transfer money to the other party from your PayPal or credit card. He will not refuse to pay. Don't use it at will unless you have extreme trust.
Then there is the general payment method, including the e-commerce platform.
Credit cards, checks that are still popular around the world have indeed withdrawn, NFC payment for mobile phones, and Apple Pay. This actually has no concept. I think it can also be used, although it has not been used much except Apple store.
Amazon Pay, Amazon, the largest e-commerce company overseas, also has his payment method.
Google wallet, open Google play, and bind credit cards first.
Bitcoin wallet, this can really solve some problems.