Analysis on the development bottleneck and development of domestic third-party POS payment industry

Nowadays, we are welcoming a good era of rapid development of information, but it is also an era of crisis. Under the trend of mobile payment, consumers have absorbed the concept of mobile payment and are deeply ingrained in their minds. In such a big environment, people can both reduce the troubles with large amounts of cash, and can more effectively avoid the fear of cash being stolen or lost. Under the conditions of this public demand, various platforms have launched innovative payment methods, but at the same time, the platform's matching, security, and lack of payment scenarios have received high attention from the public.

Compared with the traditional payment mode, mobile payment has brought convenience to the corresponding risks. In the information age, various Trojan viruses are rampant, which is unpredictable. Many people do not have the technology and awareness to prevent this. When the problem is reached, it cannot be solved in the first place. When the loss is finally caused, there is no good way to deal with it. Although there are many successful experiences in advanced countries with information development, in combination with the actual development of China's payment industry, it is necessary to build a road that meets the development characteristics of the Chinese market according to local conditions.

First of all, because the proportion of smart terminals in China's mobile phone users is relatively low, the number of people who are accustomed to accepting mobile payments is still developing, which limits the development of mobile payment to a large extent. However, with the popularity of smartphones and the increase in the number of people receiving them, Will slowly pull into the gap with developed countries. Secondly, it is the most important security issue. People accept mobile payment is convenient and quick, but the problem involving user funds can not be sloppy at any time. Therefore, security is the biggest problem that hinders the promotion of mobile payments. Consumers' habits are not mature and the hidden dangers caused by poor awareness are also a reason why many people are unwilling to accept mobile payment. Finally, when there is interest, the market does not have a high degree of unification, which leads to vicious competition in the market and hinders market development. The payment mode of different platforms makes it necessary for merchants to install multiple types of POS machines. Consumers cannot use them without installing their own platforms, which not only consumes social resources, but also affects the popularity of mobile payment to some extent.

Therefore, in the field of third-party mobile payment, we still have to work hard to maintain. Everyone knows that the domestic market has great potential, so maintain this market and remove the "locusts" from the inside. In order to better see it in the near future for us to better serve, bring greater convenience. Under the two-way support of the people and macro policies, solve the behaviors that disrupt the market, eliminate all the stumbling blocks that hinder the development of the market, and accelerate the pace to catch up with the standards of developed countries!

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