On July 20, 2012, a payment option suddenly appeared on Quxin's "My" interface, without any publicity, but some people still discovered this feature.

After clicking in, a new row of interfaces appeared. The content inside was very simple. The payment is the upper left corner. After clicking in, it was found that it was a QR code. A line of small words was displayed below: Scan the QR code and pay face to face.

The upper right corner of the interface is my wallet. Many people also found that the balance is also displayed above, some people are 0, and some people have numbers. After clicking in, a new page:

From top to bottom, they are balance [digital], bank cards, identity information, security guarantees, etc.

After clicking to enter the balance, the large amount data is displayed above, and the lower is rows of consumption and recharge records. Until here, most people understood that this was Huifutong's data.

Quxin has opened up the link with Huifutong!

However, in the Internet field, this incident did not cause any major storm, because many people have guessed that this will happen sooner or later. After all, Tengxun’s QQ and Tenpay did this trick a few years ago.

At the headquarters of Tengxun, a city thousands of miles away in Deep Sea City, Zhang Xiaolong looked at the page of the Funxin Wallet in his hand and couldn't help but frown.

Old Wu asked, "Mr. Zhang, Quxin has opened up payment. It seems that Zhou Yujie is preparing to make Quxin one of the methods of offline payment."

Zhang Xiaolong shook his head and said, "It's not that simple. Quxin has only used this trick now. It's too late. I guess it's because Toutiao's internal payment processing technology was insufficient before, so they dared not connect payment to Quxin. In that case, users suddenly have dozens of times more. Once financial data errors occur, the blow to Quxin and payment will be fatal.

During this period, a large number of transactions within Toutiao should have given them a foundation in this regard. You see, they did not make a lot of publicity and placed payments in such an inconspicuous position, just to slowly adapt to this process.

Moreover, the process of offline payment training is not that easy. Whether it is Tengxun or Baidu, in the money-burning battle, they can only obtain a small number of users. Most of the others come for subsidies. Once the subsidies are stopped, the number of users will immediately drop. Zhou Yujie wants to connect with Quxin, and his biggest enemy is probably Alipay."

In recent months, Today Youxuan and Baidu behind it have begun a significant expansion strategy, Meituan and Alipay have also quickly followed, Tengxun has also invested in several takeaway platforms, and the three parties have once again started a fierce money-burning war.

But from the data in the background, it seems that Baidu and Tengxun are scrambling to seize the payment market, but once the subsidy is stopped, the data will immediately plummet. Netizens have been using Alipay for several years and want to change this habit. Even under subsidy, it will have to last a long time before it can be possible.

Even if the QQ payment was not possible with hundreds of millions of users, it was too difficult. Teng Xun could not bear it even if he had a few years of subsidies, let alone the headlines.

Therefore, even if Quxin has enabled the payment function, it is completely different to let users transfer their payment habits to Quxin.

Old Wu thought for a while and said, "But, we can't ignore it all the time, right?"

Zhang Xiaolong said: "As early this year, I actually suggested to Mr. Ma to open WeChat Pay, but there was no news since then, and many people still opposed this proposal."

"Liu Chengming?" Old Wu was the first to think of this person.

Zhang Xiaolong nodded and said, "Yes, payment is QQ's main source of income, and once an interface is opened, the profitability will be given."

The development of WeChat in the past year has actually been sucking blood from QQ, sucking away QQ traffic QQ users, as well as a large amount of internal resources from Tengxun.

If it weren't for the rise of Toutiao, Quxin would have threatened Teng Xun's core social status, I'm afraid.

External pressure actually made WeChat’s development much smoother, and no one was willing to socialize and was occupied by outsiders. However, the development of WeChat still seriously affected QQ, which naturally caused the QQ’s rights and interests department.

Liu Chengming is the highest level of Teng Xun in this group. As Teng Xun's founding veteran and the head of the social department, when Zhang Xiaolong proposed WeChat creativity two years ago, he directly opposed making this mobile social software.

But Quxin's rise slapped him hard, and he had no reason to stop him from posting it on WeChat later.

However, for a long time, WeChat has received full support from the entire group, but it still cannot win Quxin. Instead, it has affected QQ traffic, which has gradually become restless.

In terms of social communication volume, QQ has made every effort to give its only advantage, that is, it has its own Q currency system, various QQ members, and QQ payment. In this case, if WeChat wants to do payment, it will naturally attract the full resistance of the veteran team.

Old Wu said helplessly: "Zhou Yujie is the best at turning impossible into possibility. Toutiao has today's preferred choice. Nuomi.com has also begun to expand in the field of movie ticket purchase. If he really achieves results that QQ payment has not achieved, then it is probably not only WeChat, but the entire Tengxun."

Zhang Xiaolong nodded and said, "I have to discuss this with President Ma. Even if I don't make some preparations for it, otherwise Quxin will be in trouble if it opens the payment portal."

...

After separating from Lao Wu, Zhang Xiaolong directly found Ma Huateng. At present, the internal struggle between Teng Xun has reached a white-hot stage and is facing the threat of Quxin. The QQ department has gone from not paying attention to it in the early stage to now being facing a great enemy.

The veterans led by Liu Chengming began to compete for the right to confront Quxin directly. They believed that Teng Xun's current situation is that they have long relied on WeChat, which led to Quxin becoming a giant. Currently, WeChat's fruit farm consumes a large amount of Teng Xun's funds, but they have no advantage in competing with Quxin.

Therefore, when the Teng Xun veterans began to launch an internal strife, even CEO Liu Chiping could not suppress it because he was also a representative of the reformist faction. The only one who could check and balance both sides was the founder Ma Huateng.

After listening to Zhang Xiaolong's analysis, Ma Huateng nodded and said, "I agree with your point of view. It's just that WeChat Pay is not possible at present. Even if it is activated, how can you convince users to use payment for so many years? You can only use it in Tengxun's internal software. Even if we have subsidized promotions in the past six months, the payment usage rate is actually very average.

If you open WeChat Pay, do you want to grab the market for game payment or Q coin payment?"

"I can guarantee the payment business." Zhang Xiaolong promised.

"There is no need for this." Ma Huateng shook his head and said, "Unless you can prove that you have a special payment promotion channel, there is no point in paying on WeChat.

Moreover, during this period, the QQ department also has a plan to promote payment. Baifulipai and Alipay spend a lot of money on the takeaway market, but they are also slowly cultivating user habits. For us, this situation is very bad. We are planning to focus on cultivating flash delivery, bringing their business to the takeaway platform, and only using QQ payment can be used."

"Add takeaway business on the QQ interface?" Zhang Xiaolong was shocked. This was a big move. Even if it was not the main interface, it would have an incredible promotional impact on flash delivery.

Ma Huateng nodded and said, "Yes, but he will only send out the cities involved in flash.

And it’s too late to go. We only have a certain amount of shares and basically don’t want the voting rights. In order to make QQ payment, there is nothing we can do about it."

In Teng Xun's style, he must have a certain voting right for the invested company, because such large-level companies do not care much about investment returns, but are closed loops of the ecological chain. Having voting right is only the first step. If the subsequent development goes smoothly, either acquire or control the invested company, making the invested company your own thing.

But now, the money-burning war in the takeaway market has made Baidu and Alibaba begin to work hard to cultivate their own payment habits. Once users form habits and later generations want to grab the market again, it will be ten times more difficult. This also makes Teng Xun have no choice but to quickly reach a cooperation agreement with Flash Delivery to quickly promote his own payments.

"Zhou Yujie is now in the industry and has won over Baidu. Now, it is estimated that even Alibaba will have a headache." Zhang Xiaolong sighed.

Ma Huateng nodded and said, "The price of winning over Baidu is the payment field. Toutiao has lost its opportunity. Even if payment is tied to Quxin now, it will be difficult to achieve anything.

If you participate in the subsidy, let alone Toutiao’s own funding problem, you may immediately conflict with Baidu’s strategy, so I think Quxin Payment cannot be done in a short period of time.”

"I agree with this." Zhang Xiaolong said: "But, if Today Youxuan grows with Baidu's funds, it will be a super platform for payment channels. Even if Quxin misses the payment trend, it may have the opportunity to grow slowly in the future."

Ma Huateng smiled and said, "It's true that this is possible, but Li Yanhong is not a fool. He must know Zhou Yujie's plan, but now both of them take their own needs. Once Baifubao has enough users, Li Yanhong will definitely lay out his own platform. Otherwise, putting the core of the strategic layout in the hands of others will sooner or later die terrible."

No matter what field, if the giants want to participate, they will eventually have to enter the market themselves. If they can succeed by investing in the stock, then Yahoo will not fail as miserably.

So what if you control 40% of Alibaba's shares? Without voting rights, the shares in your hands are just a lot of funds, and Alibaba's resources cannot be used by Yahoo.

"But we can't put all our hopes on Li Yanhong, right?" Zhang Xiaolong said in a deep voice.

Ma Huateng asked: "Then what do you think?"

"JD.com!" Zhang Xiaolong said slowly.

"Do you want JD.com to use our payment? This is unlikely, right?" Ma Huateng raised his eyebrows.

Since JD blocked Alipay last year, it has also introduced Tenpay, but JD currently focuses on cash on delivery and UnionPay payment, and Tenpay's usage rate is not high.

"It's not impossible." Zhang Xiaolong said: "As long as we give up Paipai.com."

The fundamental reason why JD.com does not vigorously promote Tenpay is that Papai.com, a subsidiary of Tengxun, has been imitating JD.com's operating model. Although it has not been done, it is also a potential threat to JD.com. Under such circumstances, how could JD.com hand over its core data to its competitors?

"Do you want JD.com to use WeChat payment?" Ma Huateng quickly understood.

Zhang Xiaolong said: "This is one of the reasons, but more importantly, Paipai.com has been established for so many years and has not achieved much at all. It cannot support our payment business, but will instead offend a potential partner.

Although JD.com is far less than Alibaba's scale, it also has its own stable market. If we can cooperate and use our traffic to drive traffic in exchange for JD.com's rapid development, they can also support our payment business. This is a cooperation plan for both benefits.

Currently, the only terminal payment channels we can win over on the market is JD.com.”

"Paipai.com has been established for so many years and is also one of the company's strategic plans. There are thousands of employees. It is impossible to close WeChat just because it wants to develop payment business." Ma Huateng said with a frown.

"I just suggest it, but if I don't close Paipai.com, I hope to get a certain authorization to let me negotiate and cooperate with JD.com. If we can win over JD.com, it will be considered a win-win situation in the payment market." Zhang Xiaolong said.

Ma Huateng thought about it and said, "Okay, JD.com has actually discussed cooperation with me, Tengxun, but the shares have not been agreed upon. With the reasons of Paipai.com, there has been no substantial progress recently. If you are interested, you can try it."

"Then if I succeed, I hope to open the WeChat payment portal." Zhang Xiaolong said with a smile.
Chapter completed!