Electronic payment is needed to build a regional financial center in Guangzhou

The past, the concept of e-commerce electronic payment, in fact, the traditional economies in transition can also be leveraging e-commerce to promote the "off".

Recently, Pearl River Financial Forum held in Guangzhou, said Lihan Dong, deputy secretary general of the Guangdong Provincial Government, Guangdong, Guangzhou electronic payment and e-commerce to accelerate the development will contribute to the credit card processing gateway construction of the Guangdong financial province and Guangzhou regional financial center, and then speed up the Guangdong economy restructuring and upgrading. Li Handong said that Guangzhou has a cultural tradition of the Millennium mercantilism, Chong will vigorously support the development of electronic commerce, to create a good environment for the favorable development of electronic commerce, and strive to create the digital age "network operators".

At the Forum, the industry from the banking, payments and e-commerce giant paid for the Guangzhou market, the electricity supplier market bigger and stronger to offer.

Guangzhou to pay a huge market space

Li Handong said at the forum, e-commerce to rise rapidly, the traditional business faces many challenges today, with the Millennium mercantile, Chong Shang culture traditional Guangzhou has also ushered in a new historical turning point. Guangzhou will also through the strong support of e-commerce development, to create a favorable environment conducive to e-commerce development, and strive to build the digital age "network providers" to continue the heritage of Guangzhou Millennium.

Quick money CEO Guan Guoguang (microblogging) pointed out that Guangzhou is a very centralized distribution center side of a trade, whether it is from Asia or from the Inter-American point of view, the trade distribution of the local culture intertwined most concentrated. Guangzhou area as a platform for material circulation, the advantage in the country are very obvious. With the development of e-commerce, this advantage will become Guangzhou's unique characteristics.

"Quick money in Guangzhou, education, aviation, insurance and logistics industry, such as a considerable number of traditional industries do a lot of groundwork," Kwan think, Guangzhou in the future certainly will transition development, in the original rely on traditional entities, trade will go to more efficient e-commerce, not only across the country, may also cross-border. The coming Canton Fair Canton Fair that never ended, 24 hours a year can be traded, then this will become one of the largest nationwide product or service the import and export platform. Corresponding to the payment of services of various types, including supply chain, including trade finance, including cross-border, will be a very important market space. Kwan, Guangzhou to pay a huge market space in the process of economic transformation.

Guangdong Development Bank official said, bear the bounden responsibility and sense of corporate mission as the national joint-stock commercial banks of the only one headquartered in Guangzhou, Guangdong Development Bank in the Guangzhou Economic and strategic transformation.

Cai Lifeng, deputy governor of Guangdong Development Bank, said that demand from the market point of view, the annual growth of e-commerce transactions "big cake", financial institutions and non-financial institutions have a huge space for development. With the common development of the industry chain parties, the future of financial services types will gradually expand to include iron and steel, logistics, funds, insurance, education and many other traditional areas, by the mere payment and settlement services upgrade to a comprehensive industry solution.

Banks and payment companies are not a monopoly

Recently, ICBC to suspend open Kara repayment port incident sparked speculation that subtle changes of the cooperative relationship between enterprises and banks, the market for third-party payment. In this forum, the third-party payment and the relationship between the bank has also become the focus of much debate.

Kwan, third-party payment and the stability of the banks depends on the positioning match. "Our relationship with the bank is very commercial market price is determined by supply and demand, our position will cause prices to gradually become more rational, more market-oriented. With the banks are unable to monopolize the market. Payment and bank co-operation win-win, can not damage the interests of the bank, only to reach such agreement, it may be long if the payments business into a commercial bank, then, under a highly regulated environment, innovation will be more slow and rely on technology to promote innovation, but always under the definition of commercial banks, must comply with the rules of the commercial banks. two choices tell us to go the way of commercial banks is dead. "Kwan stressed.

Payment of security is not a hardware problem

Another major concern to the industry payment security has also become a hot topic in the Forum. GF Fang Qi, general manager of e-banking department pointed out that, regardless of the bank or payment companies, payment of security hardware has reached the highest in the world. "I know the banks of the recent rumors U shield vulnerable, I engaged in electronic banking did not encounter more than a decade U shield under attack to crack the case."

Fang Qi, why people still feel unsafe when paid, on the one hand there are habits. "We are engaged in electronic payment business or industry as a whole to take, such as two-factor authentication, dynamic password, we used multiple means of digital certificates, phone verification, but we do electronic transactions using a mobile phone, mobile phone not the same with the previous phone and it has become a credit card processing gateway vector of the elements of the transaction, so, we want to improve the safety level in particular, how do we protect our wallets, on how to care for our phone. "Fang Qi believes that the current user does not form such a concept.

In addition, Fang Qi appeal from the law, including law enforcement system and judicial practice in terms of e-commerce businesses and our customers benefit protection.