Like WeChat, in addition to scanning code payment, it is also a chat software on weekdays. You can also send a circle of friends, and your daily life is colorful. Alipay is the same, Taobao is a family. In addition to scanning code payment, you can also buy various wealth management and funds on it.
For cities with civic centers, you can also check social security and medical insurance on Alipay and withdraw provident fund business. You can pay water, electricity, gas and phone bills. It can be said that both WeChat and Alipay involve all aspects of our lives and have a great influence on the daily life of ordinary people.
China UnionPay Express has no other functions except scanning code payment. Looking at throwing money in the early stage, we can gather a group of customers. But once there is no discount, the gathered customers will slowly abandon China UnionPay Express. China UnionPay Express, WeChat and Alipay are not at the same level. If you want to get food from WeChat and Alipay, there is no chance of winning.
Looking at it now, it is a failure for UnionPay to launch China UnionPay Express. I work in a bank myself. I downloaded China UnionPay Express on my mobile phone, but I seldom use it. I won't pay with China UnionPay Express unless I see full or reduced activities. Wechat and Alipay are the software we use every day. It's really much more convenient to pay with them than in China UnionPay Express. UnionPay launched China UnionPay Express, which is a bit official. But your stuff is really not easy to use, and it's really not as good as WeChat and Alipay.
It is impossible to say that it is compulsory for ordinary people to use it. What can be recognized by the market is all good things. What can be recognized by the public is a good thing. Therefore, although China UnionPay Express has been brilliant, its decline is inevitable due to its own limitations. In the view of a banker, it is inevitable that China UnionPay Express cannot be widely promoted.