Still optimistic about Huawei, after all, it is still innovative.
Huawei, a third-party payment license, should not explore the field of offline payment, probably for Huawei's application market. After all, so many developers and apps pay for applications to serve their own ecology.
I don't think this will have any impact on the existing domestic mobile payment market, especially for Alipay and WeChat payment, because their market share is in the top two, and their consumption scenarios have stabilized, each with more than 65.438 billion users. This scale advantage is insurmountable for other latecomers. The former UnionPay China UnionPay Express cannot be changed, and so is Huawei now.
However, Huawei can make full use of the advantages of this payment license to build its own business ecology, but this is of little significance, at least in the short term. What may really change the mobile payment market structure in the future will be the "legal digital currency" issued by the central bank. In terms of usage scenarios, digital currency, the central bank, can be used in small-sum, retail and high-frequency business scenarios without paying interest, which is no different from paper money. At the same time, it has a positive impact on anti-money laundering and anti-terrorism financing.
Moreover, I believe that Huawei's purpose of obtaining a third-party payment license is by no means to compete with other mobile payment methods, because it is very clear that Alipay and WeChat payment account for more than 90% of the market share, and their user experience and stickiness are very strong, as well as the number of monthly activities and the number of new users are gradually entering a stable period. In fact, it is impossible for China to have more new Internet users to support new mobile payment methods, and it can only eat away at other rivals.
In short, Huawei and UnionPay China UnionPay Express have missed the opportunity to change the market, and the future mobile payment is likely to be "forcibly" changed by digital currency in this way. Judging from all the signs now, it needs to be vigorously promoted.
Build your own moat. It's for personal use in the short term, but it's hard to say in the long term.
Huawei will definitely surprise us. Huawei is so creative after all.
Congratulations to Huawei. I hope to become one of the three major payers. First lay out your own Huawei ecology, and then expand outward, so as to truly form a tripartite confrontation, promote healthy competition in the payment market, and benefit the general public.