Mobile payment model has broad prospects for promotion of mobile payment market

With the rapid development of the mobile Internet industry, the popularity of smart devices, and the spread of O2O payment channels, mobile phone users have gradually developed the habit of using mobile devices to complete transactions. The payment market has grown rapidly and the penetration rate of mobile phone users has risen rapidly. In this context, listed companies have been involved in the mobile payment industry chain.

Listed company actively layout

According to statistics from the Analysys think tank, China's third-party payment mobile payment market reached 16.36 trillion yuan in 2015, a year-on-year growth rate of 104.2%. While the rapid growth of mobile payment, security risks are also rising.

In this context, listed companies have accelerated the development of the mobile payment industry chain. Taking Tianyu Information (14.37 -1.17%, Buy) as an example, the company develops its business around data security, online education, mobile payment services, mobile terminal security services, smart retail O2O, and taxpayer integrated services. The main revenue comes from electronics. Pay smart card sales. The company is one of the earliest manufacturers in the field of mobile payment terminal security in China. The subsidiary's core technology helped Cool to launch the first Qualcomm platform mobile phone that supports WeChat fingerprint payment.

Analysts said that Tianyu Information will continue to cooperate with major mobile phone manufacturers in China and expand the number of terminal swipes for security products, which is conducive to the deployment of terminal security application services in the future. In the future, the company is expected to rely on TEE (Trusted Execution Environment) technology to cooperate with all parties in the mobile terminal security industry chain to secure the mobile terminal security market.

The New World (18.05 -0.17%, BUY) also led the card finance, extending the analysis of e-commerce data, logistics information and credit data. In recent years, the company has also accelerated the expansion of its QR code business and has basically formed a business scope covering the entire country.

Analysts believe that the profound accumulation of the New World on the hardware side has allowed it to accumulate advantages in the customer base of the payment industry, and the company’s data has been clearly decentralized. Under the influence of payment service rate reform and payment system reform, the industry development trend of standardized management is clear. With the continuous extension of the data and supply chain, the company is expected to fully enhance its ecological payment construction.

Rapid industrial development

The rapid development of mobile payment technology, the popularization of smart devices, the growth of payment application scale, the spreading of O2O payment channels (merchants entering the market), and the use of subsidies by businesses to stimulate user use have become the main driving forces for the development of the industry.

With the popularization of the mobile Internet and the penetration rate of smart phones, online shopping payment has gradually shifted from the PC to the mobile. According to statistics from the payment business of the People's Bank of China, a total of 105.234 billion electronic payment transactions occurred in banking and financial institutions in 2015, with an amount of 2506.23 trillion yuan. Among them, online payment services were 36.371 billion, amounting to 2018.20 trillion yuan, an increase of 27.29% and 46.67% year-on-year; mobile payment services were 13.837 billion, amounting to 108.22 trillion yuan, an increase of 205.86% and 379.06% year-on-year respectively. For consumers, "convenience, discount" is the main reason for using mobile payment.

The rapid development of mobile payment technologies and payment security technologies. According to insiders, NFC (Near Field Communication Technology) payment provides a safer and faster offline mobile payment experience, which is expected to subvert the bank card consumption form. The NFC payment scale is expected to reach tens of trillions of yuan; the TEE environment can be applied to mobile applications. The service providers provide security protection. There is a huge value space for the ecosystem formed by various mobile devices and related research and application services.

Related concept shares:

Newland: It is the leading enterprise in many fields such as domestic electronic information and tax control cash registers. It is the only domestic terminal manufacturer that masters the terminal core chip design technology, and is also the first to obtain a financial tax control cash register license and the only one with reputation. It is a company that automatically identifies core technologies for the "2G bottleneck technology" QR code.

E-Commerce (18.08 -0.55%, BUY): Following the "Financial Information Security and Application Service Providers with Secure Payment as the Core Technology, Internet-Based Platform, and IDC and Cloud Computing, Helping Business Innovation and Prosperity "The company's development strategy, card through electronic recently formally shares WeChat third-party service providers leading enterprises Shenzhen Shengcan Technology Co., Ltd.

Tianyu Information: The main businesses involved include data security services covering cards, terminals, and services, and online education services with national education informatization as the background, and mobile payment service services with O2O+ financial payment solutions in the supply chain as the core.

Hengbao Shares (13.71 -1.01%, Buy): The company clearly stated that the future development focus will strengthen the capacity building of end-to-end solutions for mobile payment security and industry identity authentication, and provide banks, third-party payment agencies and other industry applications Secure identity authentication and payment solutions. We will integrate high-quality resources in the field of mobile payment and information security, focusing on technological breakthroughs and leading positions in such areas as mobile payment terminals, digital certificate authentication, biometric cloud identity recognition, IoT smart components, electronic authentication, and data security.

Business Opportunity (52.25 +0.11%, BUY): The concept of mobile payment stocks Baobao announced that the company has signed a strategic cooperation agreement with China's largest foreign-property insurance company - AIU Property Insurance Co., Ltd. Both parties will carry out in-depth cooperation in the field of Internet insurance. In the future, we will explore a new model for the Internetization of the insurance industry.