The user base of WeChat can be said to be the largest among mobile IM communication software, and its WeChat payment also endangers Alipay's status. 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 have a look. \ x0d \ x0d \ wechat download: \ x0d \ wechat Android version wechat iPhone version wechat computer version \ x0d \ x0d \ wechat payment does not compete with AliPay exactly. 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. \x0d\\x0d\ Which is better, WeChat payment or Alipay? Introduction to the difference between WeChat payment and Alipay 1 \x0d\x0d\ 1. Non-positive competition \ x0d \ payment is a service derived from WeChat. WeChat can carry more payment tools, including Alipay, and can also be effectively applied on WeChat. Therefore, WeChat payment and Alipay are not completely a level of competition. \x0d\\x0d\ 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 without recharging into Alipay, thus squeezing Alipay. The core here is actually not that WeChat payment is against Alipay, but that it only supports many payment institutions. Including bank payment, you can carry the WeChat foundation. \ x0d \ x0d \ In the payment industry, the final competition is actually not technology, but application scenarios. Only with more application scenarios can there be more payment possibilities. Without payment usage scenarios, payment is difficult to survive. Alipay came first because of Taobao, and Tenpay came second because of Tencent. If you simply compete for payment, Alipay will definitely be far better than Tenpay. That's because the characteristics of goods are more payment-based and social. \ x0d \ x0d \ However, after the appearance of WeChat, Tencent also extended its original social attributes. The current WeChat is actually far more than the concept of socialization. A client covering 600 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 scenario. At this time, the terrible thing about WeChat payment was revealed. \x0d\\x0d\ Which is better, WeChat payment or Alipay? Introduction to the difference between WeChat payment and Alipay 2 \ x0d \ x0d \. Who wins and who loses? \x0d\ If WeChat payment is correct, it is unlikely to fail for two reasons. The first is that Alipay and other payments are in positive competition and confrontation, 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 the bank's money into its wallet. Although it is finally hosted by the bank, on the one hand, it will inevitably reduce the spread income of the bank. Digging a lot of low-interest funds from banks, on the other hand, actually bypassing the bank's liquidation, forming a virtual liquidation within the system. Either way, it is the act of making too many enemies and stealing money from other people's pockets, which is not easy to do. Coupled with Ali's strong style, I feel that the larger the scale, the greater the resistance. \ x0d \ x0d \ and wechat payment has previously stated that it will not form confrontation with any payment institution. Specifically, it is an institution that provides payment and services. Compared with the relatively closed model, it is easier to scale and spread, so WeChat payment will be launched in May. I estimate that it should not be difficult to reach 50 million or 60 million users by the end of the year. This is inevitable, and even he will consider it. \x0d\ x0d \ III. Safety \ x0d \ Difficult to answer. Logically speaking, both of them must be financial-grade security technologies, otherwise they cannot support the payment industry. However, due to their different processes, the loopholes in the process appear at the non-technical level. At present, there are many reports about the security vulnerabilities of Alipay Express Payment. On the one hand, it is mainly due to a large number of ways to bind mobile phones without cards and secrets. Cracking can be achieved by intercepting mobile phones. In fact, this kind of cracking has little to do with the technology itself, but because there are loopholes in the process. To fill this loophole, we must consider changing the process, which will bring a poor payment experience. Safety and convenience are always a game problem, and we can only find a balance point. \x0d\\x0d\ In addition, Alipay adopts a self-built account system, which is equivalent to adding a coin purse, and it also supports the mutual transfer function between coin purses, and is constantly expanding payment scenarios. The coin purse can be used directly and can be traded without a bank card, which makes you spend more time keeping the coin purse, and now there is more and more change in the coin purse, which will greatly increase your aggression. \x0d\\x0d\ and WeChat payment are not the same concept. Wechat payment just helps you transfer the money in your bank card to other bank cards and bind it directly to the bank card. It is not the concept of fund deposit account system, but the funds are still deposited in the bank card. So more protection is actually to return to the bank card. In terms of technology, it is also relatively simple. The technology is relatively simple and should be safer. \ x0d \ x0d \ Of course, this is only a logical deduction. This proposition is really difficult to understand in reality. Personally, the only answer at present is that no one can say who is safer than who, but considering that both are total compensation strategies, it is of little significance. Anyway, in the case that both WeChat payment and Alipay are fully paid, the significance of playing security cards is not particularly great. \x0d\\x0d\ Which is better, WeChat payment or Alipay? Introduction to the difference between WeChat payment and Alipay 3 \ x0d \ x0d \ Fourth, what about Alipay plus contacts? \x0d\ Inferred from common sense, the odds are actually very small. The competition on the Internet, the possibility of consistent competition, the first-Mover advantage and the basic advantage are all hard to shake. Moreover, the current WeChat carries a large number of other functions, making it increasingly impossible for WeChat to be subverted because of the high replacement cost. \x0d\\x0d\ You can be the second Want Want, but you can't be the 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 don't make a second choice. There's really no need to use the same thing. It is those habits or lifestyles that we can't think of now that have killed WeChat. \x0d\\x0d\ So with Alipay, it is difficult 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 opening up. Even if it is done, it is actually Alipay's life. For Alipay, the possibility is almost zero. Therefore, even if Alipay is added, it is essentially different from WeChat payment. \x0d\\x0d\ Recently, WeChat also said it would launch Yu 'ebao. Because WeChat payment is a channel model, this model will not form the deposit and management of funds, and there is 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 financing. Personally, it is impossible for WeChat to surpass Yu 'ebao. \ x0d \ x0d \ Yu 'ebao's basic advantage is the account system mode, 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 it is also possible to use Yu 'ebao on WeChat.