wechat has the largest user base among mobile phone IM communication software, and its launch of wechat payment also endangers the status of AliPay. So which is better, WeChat payment or Alipay? The following article describes the difference between WeChat payment and Alipay in detail, and interested friends can take a look. \ xd \ xd \ wechat download: \ xd \ xd \ wechat Android version wechat iPhone version wechat computer version \ xd \ xd \ wechat payment exactly speaking, it does not compete with AliPay. Alipay is a payment tool, and WeChat payment is just an ecosystem based on WeChat, which provides application scenarios for payment. WeChat is an underlying architecture and an ecosystem. \xd\\xd\ Which is better, WeChat payment or Alipay? Introduction to the difference between WeChat payment and Alipay 1 \xd\ xd \ First, non-positive competition \ xd \ payment is a service derived from WeChat, and WeChat can carry more payment tools, including Alipay, and can also be effectively applied on WeChat. Therefore, WeChat payment is not exactly a level of competition with Alipay. \xd\\xd\ Judging from the results, it is inevitable that WeChat will make Alipay feel the pressure in this way, because many payment tools can rely on the application scenarios formed by WeChat to realize payment, so it is not necessary to recharge into Alipay and realize payment through Alipay, thus squeezing Alipay. The core here is actually not that WeChat pays against Alipay, but that it only supports many payment institutions. Including bank payment, you can carry the WeChat foundation. \ xd \ xd \ payment industry, the final competition is actually not technology, but application scenarios, more application scenarios, in order to have more payment possibilities. Without payment usage scenarios, payment is difficult to survive. Alipay came to the first place because of Taobao, and Tenpay came to the second place because of Tencent. If you simply compete for payment, Alipay will definitely be far better than Tenpay. That's because the characteristics of goods have a more payment basis, and it is social. \ xd \ xd \ However, after the emergence of WeChat, Tencent has also been extended from its original social attributes. Now WeChat is actually far more than the concept of social interaction. A client that covers 6 million people can theoretically cover all kinds of human behaviors, thus giving birth to more imagination. As far as payment is concerned, it is far greater than Taobao's payment scene. At this time, the terrible place of WeChat payment is revealed. \xd\\xd\ Which is better, WeChat payment or Alipay? Introduction to the difference between WeChat payment and Alipay 2 \ xd \ xd \ Second, who wins and who loses? \xd\ If WeChat payment doesn't make mistakes, it is unlikely to fail for two reasons. The first one is that Alipay is in positive competition and confrontation with other payments, including not only competition and confrontation with third-party payment companies, but also confrontation with banks. His core logic is that Alipay builds its own account system and recharges money from banks into its wallet. Although it is eventually hosted in banks, on the one hand, it will inevitably reduce the spread income of banks. Digging away a lot of low-interest funds from the bank, on the other hand, it actually bypasses the bank's liquidation and forms a virtual liquidation within the system. Either way, it is an act of making too many enemies and stealing money from others' pockets, which is not easy to do. Coupled with Ali's strong style, I feel that the larger the scale, the greater the resistance. \ xd \ xd \ and wechat payment said earlier that it will not form confrontation with any payment institution. To be exact, it is an institution that provides payment and services. Compared with the relatively closed model, it is easier to scale up and spread, so wechat payment will be launched in May. I estimate that it should not be difficult to reach 5 million or 6 million users by the end of the year. This is inevitable, and even he will consider it. \xd\\xd\ Third, security \xd\ is difficult to answer. Logically, both of them must be financial-grade security technologies, otherwise they will not be able to support the payment industry. However, due to their different processes, the loopholes in the process appear at a non-technical level. There are many reports on the security loopholes in Alipay's fast payment at present. On the one hand, it is mainly due to a large number of non-card and non-secret ways of binding mobile phones. Cracking can be achieved by intercepting the mobile phone. In fact, this cracking has little to do with the technology itself, but because there are loopholes in the process. To fill such loopholes, we must consider changing the process, which will bring poor payment experience. Security and convenience are always a game problem, and we can only find a balance point. \xd\\xd\ In addition, Alipay adopts a self-built account system, which is equivalent to getting an extra coin purse, and it also supports the mutual transfer function between coin purses, and it is constantly expanding the payment scenario. The coin purse can be used directly and can be traded without bank cards, which makes you spend more time keeping this coin purse, and now that there are more and more change in the coin purse, the attack will be greatly increased. \xd\\xd\ and WeChat payment is not the concept. WeChat payment only helps you to transfer money from your bank card to other bank cards, which is directly tied to the bank card. It is not the concept of fund deposit and account system, and the funds are still deposited in the bank card. Therefore, more security is actually to return to the bank card. In terms of process, it is also relatively simple, and the process is relatively simple and should be safer. \xd\\xd\ Of course, this is only a logical deduction. This proposition is really hard to understand in reality. Personally, the only statement that can be answered at present is that no one can say who is safer than who, but considering that both of them are total compensation strategies, it is of little significance. Anyway, in the case that both WeChat payment and Alipay are fully compensated, it is not particularly significant to play the security card. \xd\\xd\ Which is better, WeChat payment or Alipay? Introduction to the difference between WeChat payment and Alipay 3 \ xd \ xd \ Fourth, what about Alipay plus contacts? \xd\ From the common sense, it is inferred that the odds of winning are actually very small. The competition on the Internet, the possibility of consistent competition, the first-Mover advantage and the basic advantage are hard to shake. Moreover, the current WeChat carries a large number of other functions, making it increasingly impossible for WeChat to be subverted because the replacement cost is too high. \xd\\xd\ You can make a second Want Want, but you can't make a second WeChat. This is my basic judgment. It is bound to be another thing that makes users spend more time on it. In the field of instant messaging, most people actually won't make a second choice. It's really unnecessary to use the same things. It's those habits or lifestyles that we can't think of now that kill WeChat. \xd\\xd\ So with Alipay, it's hard to beat WeChat payment. What's more, I feel that Alipay is taking the mode of independent account system, and there is basically no possibility of carrying openness. Even if it is done, it is actually the life of Alipay. For Alipay, the possibility is almost zero. Therefore, even if Alipay is added, it is essentially different from WeChat payment. \xd\\xd\ Recently, WeChat also said to launch Yu 'ebao. Because WeChat payment is a channel mode, this mode will not form the deposit of funds, and it has an account system, but it is not centered on the account system. It only provides convenient fund service applications for WeChat, but because there is no deposit of funds, there is no concept of balance management. Personally, it is impossible for WeChat to surpass Yu 'ebao. \ xd \ xd \ Yu 'ebao's basic advantage is the account system model, so this foundation will not be destroyed, and no one can surpass Yu 'ebao. The only thing that can defeat Yu 'ebao is that the bank's current account is directly transferred to the money fund, but this is obviously something that the bank will not do in the short term. Because of the convenience of WeChat, it is estimated that some investors who are purely for deposit substitution will give up Alipay's wallet, and there is a certain possibility of diversion when using Yu 'ebao on WeChat.