5 thoughts on “The central bank launched DCEP instead of banknotes. Will WeChat Alipay be terminated?”
Jack
As a global mobile payment country, Alipay and WeChat have long been a national payment method. There is no need to bring a wallet when you go out now. You only need to sweep for shopping, you do n’t need to find a wallet, you do n’t have to find zero. You really feel convenient, and whether it is Alipay or WeChat payment, the experience is very good. DCEP will be launched at the end of this year, indicating that the replacement of paper money is inevitable. So, will Alipay be ended? What are the differences between them?
. First of all, DCEP is a digital currency, with trading attributes, and is a payment tool; and WeChat payment and Alipay are just electronic payment methods. In other words, Alipay or WeChat payment is just a payment system Just, it is a third -party platform. . For example: We go to the supermarket to buy things. If the settlement method of digital currency is payment, and payment with paper money is a attribute; and the use of Alipay, WeChat and other software is to use the payment system, and use UnionPay cards to use UnionPay cards Payment is a attribute.
. DCEP was issued by the central bank and settled by the central bank; Alipay and WeChat payment were settled by commercial banks. In this way, DCEP's effectiveness and security are higher than WeChat payment and Alipay. Because the central bank does not go bankrupt, commercial banks will go bankrupt. The deposits within 500,000 in commercial banks are guaranteed, and there is no guarantee that exceeds. . The most special place for DCEP is that it can achieve no network payment. Even if you are in the garage, the basement, on the plane, as long as the mobile phone has electricity, you can achieve barrier -free payment; WeChat and Alipay must connect to the Internet to achieve payment.
It you can imagine such scenes: as long as you have DCEP digital wallets on your mobile phone, that connected network No need, as long as the mobile phone has electricity, the two mobile phones can touch the digital currency in one person's digital wallet to another. . WeChat and Alipay must first bind the bank card, and then pay the code with Alipay or WeChat. DCEP does not need to bind a bank account. The transfer between users is independent of a bank account. This is the same as digital currency such as Bitcoin. As long as you have DCEP digital wallets, you can scan the code to pay. In fact, DCEP and WeChat payment and Alipay are very similar in payment scenarios, and the expected future experience is also very similar. In the future, as long as the electronic payment can be paid, there will be a central bank digital payment port. So, for the common people, with DCEP, you just have an additional payment method, as if mobile payment first has Alipay, you can also pay WeChat. What kind of convenience is used. However, the emergence of digital currencies will share a share of WeChat payment and Alipay with a 90% market share of mobile payment, which is also inevitable.
The central bank DCEP digital currency will have a great impact on WeChat and Alipay, but it will not completely replace it. It seems that mobile payment is popular, but there are still cash transactions, and both parties will coexist for a long time. In the simplest words, DCEP is released by the central bank and has the status of legal currency and is also a symbol of currency sovereignty. The functional and attributes and paper currencies are exactly the same. DCEP is essentially the digital form of traditional paper currencies. It is just a visible and touching thing. DCEP payment application scenes will not be much different from the current WeChat Alipay. Large commercial supermarkets, online shopping, personal transfer, etc., but the popularity may be higher, because it has a dual offline payment model. Use in the network state and can be conveniently used in the area of the network (or no network).
extension information DCEP is the legal currency endorsement of the central bank. High, the payment method is more flexible, and it can meet the public's demand for anonymous payment and ensure the security of personal payment information. However, this anonymous controlling state will not be used for money laundering. Finally, because DCEP is a digital currency, it will also have strong advantages in storage, recovery, and anti -counterfeiting.
The payment method of WeChat and Alipay uses the deposit method of commercial banks to pay, and DCEP uses the central bank's digital deposit currency to pay, which is the only difference between the two. Simply put, there is change in the payment tool, and it may be more convenient to function. There is no essential difference between the remaining payment application scenarios and channels.
The central bank has not launched DCEP. Even if it is launched, it only allows everyone to pay a payment method, and it will not completely replace WeChat and Alipay's mobile. On November 13, 2019, the central bank rumored: the legal digital currency (DC/EP) was not issued, and any asset trading platform was not authorized to conduct transactions. The legal digital currency was still in the research and testing process. For inaccurate information. The People's Bank of China issued an announcement on the situation: . The People's Bank of China did not issue legal digital currencies (DC/EP), nor did it authorize any asset trading platform to conduct transactions. The People's Bank of China began to study statutory digital currencies in 2014 and is still in the process of research and testing. The "DC/EP" or "DCEP" in the market is illegal, and the launch time of legal digital currencies on the Internet is inaccurate information. . At present, the so -called legal digital currency issuance, and the behavior of "DC/EP" or "DCEP" in the name of the People's Bank of China on the asset trading platform may involve fraud and pyramid schemes. The general public improves risk awareness, does not believe in trust, and prevent damage to interests. Pucting information: The legal currency in China is RMB, and any payment method must not be replaced, replacing RMB in the market. Relevant laws and regulations are as follows: "Regulations on the Management of the People's Republic of China"
It Article 3 The legal currency of the People's Republic of China is RMB. To pay all public and private debts in the People's Republic of China, no unit or individual may refuse to accept it. It 28 Any unit or individual shall printed or sell token tickets in order to replace the RMB in the market. Reference information Source: People's Daily-central bank: Unreasonable statutory digital currency is still studying testing Reference materials Source: Baidu Encyclopedia-People's Republic of China RMB Management Regulations
The functions of users and WeChat Alipay are deeply bound, such as WeChat red envelopes, Taobao shopping, etc., it is difficult to completely liberate from these related content, so WeChat and Alipay will also exist for a long time. But over time, the frequency of WeChat Alipay will be weakened, just like the current banknotes. As long as the payment channels and scenarios are large -scale support DCEP, and the experience has great advantages, then there will be many users who will turn to digital currency payment methods. of course, how long it is hard to say that DCEP and WeChat Alipay can coexist in coexistence. It depends on how the two Internet giants should be effective and the development situation of DCEP in the future.
The expansion information: DCEP payment application scenes are not much different from the current WeChat Alipay, large commercial super, online shopping, personal transfer, etc., but the degree of popularity may be higher Because of the dual offline payment model, it can be used in the state of no network, and it can be conveniently used in areas (or without network) in the network.
The specific payment method will be slightly different. Simply, as long as the mobile phones or dedicated equipment of both parties may complete the transfer payment, of course, the premise is that your guarantee is rich in digital wallets.
As a global mobile payment country, Alipay and WeChat have long been a national payment method. There is no need to bring a wallet when you go out now. You only need to sweep for shopping, you do n’t need to find a wallet, you do n’t have to find zero. You really feel convenient, and whether it is Alipay or WeChat payment, the experience is very good.
DCEP will be launched at the end of this year, indicating that the replacement of paper money is inevitable. So, will Alipay be ended? What are the differences between them?
. First of all, DCEP is a digital currency, with trading attributes, and is a payment tool; and WeChat payment and Alipay are just electronic payment methods. In other words, Alipay or WeChat payment is just a payment system Just, it is a third -party platform.
. For example: We go to the supermarket to buy things. If the settlement method of digital currency is payment, and payment with paper money is a attribute; and the use of Alipay, WeChat and other software is to use the payment system, and use UnionPay cards to use UnionPay cards Payment is a attribute.
. DCEP was issued by the central bank and settled by the central bank; Alipay and WeChat payment were settled by commercial banks. In this way, DCEP's effectiveness and security are higher than WeChat payment and Alipay. Because the central bank does not go bankrupt, commercial banks will go bankrupt. The deposits within 500,000 in commercial banks are guaranteed, and there is no guarantee that exceeds.
. The most special place for DCEP is that it can achieve no network payment. Even if you are in the garage, the basement, on the plane, as long as the mobile phone has electricity, you can achieve barrier -free payment; WeChat and Alipay must connect to the Internet to achieve payment.
It you can imagine such scenes: as long as you have DCEP digital wallets on your mobile phone, that connected network No need, as long as the mobile phone has electricity, the two mobile phones can touch the digital currency in one person's digital wallet to another.
. WeChat and Alipay must first bind the bank card, and then pay the code with Alipay or WeChat. DCEP does not need to bind a bank account. The transfer between users is independent of a bank account. This is the same as digital currency such as Bitcoin. As long as you have DCEP digital wallets, you can scan the code to pay.
In fact, DCEP and WeChat payment and Alipay are very similar in payment scenarios, and the expected future experience is also very similar. In the future, as long as the electronic payment can be paid, there will be a central bank digital payment port.
So, for the common people, with DCEP, you just have an additional payment method, as if mobile payment first has Alipay, you can also pay WeChat. What kind of convenience is used. However, the emergence of digital currencies will share a share of WeChat payment and Alipay with a 90% market share of mobile payment, which is also inevitable.
The central bank DCEP digital currency will have a great impact on WeChat and Alipay, but it will not completely replace it. It seems that mobile payment is popular, but there are still cash transactions, and both parties will coexist for a long time. In the simplest words, DCEP is released by the central bank and has the status of legal currency and is also a symbol of currency sovereignty.
The functional and attributes and paper currencies are exactly the same. DCEP is essentially the digital form of traditional paper currencies. It is just a visible and touching thing.
DCEP payment application scenes will not be much different from the current WeChat Alipay. Large commercial supermarkets, online shopping, personal transfer, etc., but the popularity may be higher, because it has a dual offline payment model. Use in the network state and can be conveniently used in the area of the network (or no network).
extension information
DCEP is the legal currency endorsement of the central bank. High, the payment method is more flexible, and it can meet the public's demand for anonymous payment and ensure the security of personal payment information. However, this anonymous controlling state will not be used for money laundering. Finally, because DCEP is a digital currency, it will also have strong advantages in storage, recovery, and anti -counterfeiting.
The payment method of WeChat and Alipay uses the deposit method of commercial banks to pay, and DCEP uses the central bank's digital deposit currency to pay, which is the only difference between the two. Simply put, there is change in the payment tool, and it may be more convenient to function. There is no essential difference between the remaining payment application scenarios and channels.
The central bank has not launched DCEP. Even if it is launched, it only allows everyone to pay a payment method, and it will not completely replace WeChat and Alipay's mobile. On November 13, 2019, the central bank rumored: the legal digital currency (DC/EP) was not issued, and any asset trading platform was not authorized to conduct transactions. The legal digital currency was still in the research and testing process. For inaccurate information. The People's Bank of China issued an announcement on the situation:
. The People's Bank of China did not issue legal digital currencies (DC/EP), nor did it authorize any asset trading platform to conduct transactions. The People's Bank of China began to study statutory digital currencies in 2014 and is still in the process of research and testing. The "DC/EP" or "DCEP" in the market is illegal, and the launch time of legal digital currencies on the Internet is inaccurate information.
. At present, the so -called legal digital currency issuance, and the behavior of "DC/EP" or "DCEP" in the name of the People's Bank of China on the asset trading platform may involve fraud and pyramid schemes. The general public improves risk awareness, does not believe in trust, and prevent damage to interests.
Pucting information:
The legal currency in China is RMB, and any payment method must not be replaced, replacing RMB in the market. Relevant laws and regulations are as follows:
"Regulations on the Management of the People's Republic of China"
It Article 3 The legal currency of the People's Republic of China is RMB. To pay all public and private debts in the People's Republic of China, no unit or individual may refuse to accept it.
It 28 Any unit or individual shall printed or sell token tickets in order to replace the RMB in the market.
Reference information Source: People's Daily-central bank: Unreasonable statutory digital currency is still studying testing
Reference materials Source: Baidu Encyclopedia-People's Republic of China RMB Management Regulations
The functions of users and WeChat Alipay are deeply bound, such as WeChat red envelopes, Taobao shopping, etc., it is difficult to completely liberate from these related content, so WeChat and Alipay will also exist for a long time. But over time, the frequency of WeChat Alipay will be weakened, just like the current banknotes.
As long as the payment channels and scenarios are large -scale support DCEP, and the experience has great advantages, then there will be many users who will turn to digital currency payment methods.
of course, how long it is hard to say that DCEP and WeChat Alipay can coexist in coexistence. It depends on how the two Internet giants should be effective and the development situation of DCEP in the future.
The expansion information:
DCEP payment application scenes are not much different from the current WeChat Alipay, large commercial super, online shopping, personal transfer, etc., but the degree of popularity may be higher Because of the dual offline payment model, it can be used in the state of no network, and it can be conveniently used in areas (or without network) in the network.
The specific payment method will be slightly different. Simply, as long as the mobile phones or dedicated equipment of both parties may complete the transfer payment, of course, the premise is that your guarantee is rich in digital wallets.
It must not be, because WeChat Alipay is very convenient and brings great convenience to humans, so it will not be terminated.