Sihai network

What do you mean by a deposit? Central bank's impact on Alipay and WeChat

Now we can basically go out with a mobile phone. We seldom go out with cash. First, it's safe and second, it's convenient. I think mobile payment has really changed our life a lot. When Alipay and WeChat were the most popular mobile payment companies, the central bank announced that as long as it was the mobile payment sector, it started to increase from 20% to 100% in January 14, 2019. As soon as the new rules came out, there was an uproar. Will directly affect the profits of Alipay and WeChat.

What is the meaning of the reserve fund mentioned by the central bank? Why does it have such an impact?

Some people don't understand the meaning of the provision. The provision simply says that if a social platform has 100 billion yuan, it needs to be fully delivered to the state for management. The purpose is to prevent the loss of money, or the platform can be used by itself. Generally speaking, it is also to protect consumers' rights and interests, prevent users' money from being stolen, or be taken by the platform to do other investment and financial management. The advantages and disadvantages of the new regulations are twofold.

In the past, if we put money in WeChat or Alipay, there would be corresponding gains, whether high or low. But after the new rules of the central bank, the earnings may drop a lot. Even though WeChat and Alipay are two giants, their strength is quite strong, but they will also become tight capital flows. They will get less profits, and users will get less naturally, so many small mobile platforms will not survive and face the situation of closing down.

However, the new rules of the central bank must be implemented. Both WeChat and Alipay must go smoothly. As for the latter issue, it depends on how the situation changes. What do you think of this new rule? Please leave a message in the comment area below!