Recently, China UnionPay released news that as of the end of the first quarter of 2014, nearly 3 million “flash payment” terminals nationwide could support financial IC cards and NFC mobile phone payment acceptance, and the number of national financial IC card issuance exceeded expectations. The mobile payment industry is booming. development of. China UnionPay will continue to work with third-party payment agencies to carry out offline POS transformation and subsidies to pave the way for NFC mobile payment.

On March 13, the central bank issued an urgent document, “People's Bank Payment and Settlement Department's Opinions on Suspension of Alipay's Offline Bar Code (Two-Dimensional Code) Payment, etc.), suspended face-to-face payment services such as QR code payment, and “3• At the 15th party, CCTV exposed the risk of viral infection in a malicious QR code. The subsequent attack has caused the decline in the promotion of QR code payment, but it also provides an opportunity for NFC, one of the mobile payments.

According to the analysis of Everbright Securities Research Institute, NFC has advantages over two-dimensional code payment in terms of security, reading speed and communication mode, and NFC and financial IC card have great compatibility in the acceptance environment, in line with relevant policies of the central bank. .

According to the CIC Research Report, with the recent suspension of the payment of the bar code (two-dimensional code) payment service by Alipay and Tenpay, the central bank has issued the “Request for Payment of Payment Payment Services for Payment Organizations” and the mobile payment market. The development of the Internet system, which is not broken, is restricted, and the financial departments and operators that are at a steady pace have a good opportunity to develop mobile payments.

In the second quarter, China Telecom and China Mobile Supermarket expected NFC mobile payment card bidding. Nearly 3 million “flash payment” POS terminals in the country support NFC mobile phone payment. From card to acceptance terminal, the market penetration rate is around 30%. With the large-scale popularization of NFC mobile phones, CITIC Jiantou believes that the finance department and the operator system will catch up in the mobile payment war and achieve the go-ahead. At the same time, the leader of the Android system - Google said it will not give up the mobile payment market, is optimistic about NFC mobile phones become standard. As an international mobile payment technology, NFC is also in line with the national mobile payment standard that will be implemented on May 1 this year. Because of its safety and convenience, NFC has been recognized by the finance department and the operator department.

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