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The cross-border payment sector has sprung up, who are you most optimistic about the following companies? Don't forget to like and bookmark
Cross-border payment: Who is in charge of the ups and downs?
The story begins with Lao Wang. Lao Wang does cross-border e-commerce, and he has recently been overwhelmed by the payment of handling fees. Use PayPal, the rate is high; Use the underground bank, it is risky. Lao Wang is worried, why is this cross-border payment so difficult? He heard that the cross-border payment sector is now sprung up, and many companies claim to be able to solve his problems. But which one to choose? Lao Wang looked at the long list and fell into deep thought......
First, the battlefield of payment filled with gunpowder
Cross-border payments, in simple terms, are the transfer of funds across national borders. With the vigorous development of globalization and e-commerce, this cake is getting bigger and bigger, and it has also attracted the competition of heroes from all walks of life. In the A-share market, Yidiantianxia, Lakala, Huafeng Microfiber, Sifang Jingchuang, etc., have all shown their weapons to seize market share.
E-click, PayPal, Alipay and other bigwigs, but also played AI, claiming to be able to provide "complete cross-border payment solutions". Lakala, a veteran payment company, backed by Lenovo, supports multiple currencies around the world. Huafon Microfiber, a company that makes microfiber materials, has also obtained the software intellectual property rights of digital RMB cross-border settlement, which is incredible. Sifang Jingchuang, technology flow, provides software solutions for global financial institutions. Others, Tianyuan Dike, PetroChina Capital, Jingbei, Rendong Holdings, Hailian Jinhui, Kelan Software, Commodity City, and Xinguodu also have their own tricks.
This scene, doesn't it look like Huashan on the sword in a martial arts novel? All sects and factions want to compete for the position of the leader of the martial arts alliance.
2. The secret behind the moves
Some of these companies have strong technical strength, some have deep backgrounds, and some seem to be here to "rub hot spots". For example, Huafon Microfiber, whose main business is to make microfiber materials, suddenly crossed over to digital RMB cross-border settlement, which makes people doubt its true strength. Another example is PetroChina Capital, PetroChina's financial business management company, cross-border payment is only one of its many businesses, and it is difficult to say how many resources will be invested.
And like Eclick, which has both technology and cooperation resources, it looks more competitive. However, the blessing of AI and large models, whether it is a gimmick or a real kung fu, remains to be tested by the market. Although Lakala is an established payment company, it is also unknown whether it can maintain its advantage in the face of emerging technology companies.
This is like a master's move in a martial arts novel, ostensibly a move competition, but in fact a competition of internal strength. Who can have the last laugh depends on whose internal strength is deeper.
Third, it is still unknown who killed the deer
Cross-border payment is a piece of the cake, and everyone wants to take a bite. But in the end, it's hard to say who will eat the biggest piece.
On the one hand, the market is highly competitive, companies are constantly innovating, and whoever can be the first to introduce more convenient, safer, and lower-cost solutions will have a larger market share. On the other hand, policy regulation is also an important factor. The promotion of e-CNY will have a profound impact on the cross-border payment industry.
For cross-border e-commerce companies like Lao Wang, choosing the right payment platform is crucial. If you choose the wrong one, you may face high fees and capital security risks.
Therefore, Lao Wang and all those who are engaged in cross-border business need to keep their eyes open and carefully screen in order to find the most suitable payment partner for themselves.
Impacts and consequences:
Industry reshuffle:
Increased competition could lead to the elimination of some weaker companies, eventually creating a situation of several oligopolies.
Innovation:
In order to compete for the market, companies will increase investment in technology research and development to promote the continuous progress of cross-border payment technology.
Strengthened Regulation:
With the expansion of cross-border payments, regulators may introduce stricter regulatory policies to ensure the safety of funds and market order.
Insights:
The competition of cross-border payment is not only the competition of technology and resources, but also the competition of understanding and satisfying the needs of users. Whoever can truly solve the user's pain points will win the market.
Provoke the reader to think:
Which company do you think has the most potential to become a leader in cross-border payments?
How will the cross-border payment industry develop in the future?
As a user, what aspects of cross-border payments do you pay most attention to?
Ladies and gentlemen, what do you think? Welcome to leave a message in the comment area and discuss together!
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