How to open the mobile wallet? What can a mobile wallet do?

Bank card-"Mobile Wallet" (hereinafter referred to as "Mobile Wallet") is a brand-new personal mobile financial service jointly launched by China Mobile Communications Group Beijing Co., Ltd. and Beijing UnionPay Co., Ltd., which is to bind the customer's mobile phone number with the UnionPay logo debit card issued in Beijing, and provide convenient personalized financial services and fast payment channels for China mobile phone users who hold the UnionPay logo debit card issued in Beijing anytime and anywhere through SMS. At present, the supported services include: self-service payment of mobile phone bills, recharge, phone bill replacement, phone bill payment, mobile phone lottery, mobile phone donation, phone bill balance inquiry, bank card balance inquiry, etc. Mobile wallet is a new service to be launched by China Mobile. This service is a brand-new service, which integrates various functions of payment service. It is a business supported by bank card account and using mobile phone as trading tool, that is, the user's account in the bank is bound to the user's global mobile phone number. Through SMS, IVR, WAP and other means, users can operate the bound account, and realize shopping, payment, transfer and account balance inquiry through SMS. "Mobile wallet" is a combination of mobile phone and credit card, which has evolved into a new payment tool, providing users with a safe, convenient and fashionable means of payment. [Edit this paragraph] Summarize the so-called "mobile wallet", which means that the mobile phone can play the role of a wallet, which can be used to pay shopping bills and get free food and shopping coupons. With the common development of mobile phone operators and credit card companies, a win-win "mobile wallet" has emerged. In the future, it may eventually replace cash, credit cards, ID cards and e-tickets or train tickets. [Edit this paragraph] Payment function NTTDoCoMo, Japan's largest mobile phone operator, launched its first mobile wallet in 2004. This FeliCa mobile phone with built-in FeliCa chip turns the mobile phone into a mobile electronic wallet through contactless ic card technology. Users can make small payments through FeliCa mobile phones, and even the membership information, ID card information and pass information of some department stores can be stored in FeliCa mobile phones. At the same time, the amount recharged by FeliCa's mobile phone can also be used as a phone bill. According to foreign media reports, some giants such as Visa and Nokia are still experimenting in this field, but more than 50 million mobile phone users in Japan have used the so-called "mobile wallet". Mobile wallets allow users to take buses, take taxis, watch movies, shop and so on. As long as they take out their mobile phones and "brush" them, they can complete the support. For example, if you take a Nokia mobile wallet and go to work by bus, you can pay successfully by putting your mobile phone close to the card reader. Go to the movies and tell the conductor to buy tickets. After the conductor enters the relevant information in the computer, you only need to stick it on the card reader with your mobile phone and you can complete the transaction. In addition, if there are corresponding identification equipment, it can also play a role in many fields besides public transportation, such as restaurants, supermarkets, convenience stores, ferries, administrative fees, farmers' markets and so on. With the increasing popularity of mobile phone users, mobile wallet has gradually entered people's sight, and its convenient payment method is attracting the attention of mobile phone users. Compared with the leading Japanese development, China started to develop the "mobile wallet" business in June 2005. This is a personal mobile financial service based on mobile phone jointly launched by China Mobile and China UnionPay. Users can enjoy personalized financial services and fast payment channels anytime and anywhere by SMS, WAP, USSD, etc. At present, the functions that can be realized by the "mobile wallet" business include inquiry and payment, inquiry of bank card balance, bank card consumption reminder, mobile phone booking, mobile phone insurance, mobile phone purchase of digital cards, mobile phone packages and so on. [Edit this paragraph] There is no denying that the application of mobile wallet has brought great convenience to people's lives, and mobile phones all over the world will support this application. People always carry their mobile phones with them, and the payment function of mobile phones will bring a lot of convenience to users. NTTDoCoMo launched the so-called "mobile wallet service" as early as 2004, and KDDI and Softbank subsequently launched similar services. Nokia has also launched mobile phones supporting such services in overseas markets. Consumers aged 20 to 39 are the main users of mobile payment services. Research shows that consumers will often use mobile payment services as long as they try it once. Enterprises can use this service to track users' shopping habits. McDonald's Japanese branch and 7- 1 1 convenience store have been trying to provide mobile coupons. FeliCaNetworks, jointly established by Sony and DoCoMo, has launched a mobile phone platform on which retailers can provide similar services. KazuyukiHagiwara, a spokesman for McDonald's Japan, said, "Many Japanese mobile phone users use' mobile wallets', and we cannot ignore their potential as a marketing tool." Although in Japan and other countries, the functions such as mobile wallet have been widely used, but in China, except for some sporadic experiments, it seems to be a little far away from us. With the close cooperation between Nokia, the leader of Near Field Communication (NFC) forum, and relevant departments such as Guangzhou, Xiamen and Beijing, mobile payment will be officially put into commercial use in China. Among them, Nokia as a support terminal has been sold in cities such as Guangsha. Consumers of mobile wallets are mostly young people and business people. [Edit this paragraph] Development prospect Mobile payment is undoubtedly one of the trends of mobile phone development in the future, especially near field communication (NFC), as one of the main technologies supporting this function, has begun to be concerned by more mobile phone manufacturers. JuniperResearch, a market analysis organization, predicts that the number of "mobile wallets" will increase from the current 50 million to 700 million in 20 13, providing important growth opportunities for the mobile payment industry and software and hardware manufacturers. The success of Japan and experiments in other regions show that this technology can make mobile phones replace credit cards and cash, be used as tickets and movie tickets, and become electronic keys for offices and families. Although the mobile payment service has been successful in Japan, only one-third of the users who use this kind of mobile phone actually use it to pay their shopping bills. This technology also faces some obstacles, such as breaking consumers' psychological barriers to mobile phones replacing credit cards and exploring new business models. Here, mobile phone operators hope that adding this function will make it more difficult for users to transfer to other service providers, thus retaining more users and increasing revenue. Credit card companies hope that the convenience brought by mobile wallets can increase the number of credit card payments. Japan is not only leading in technology, but also leading in business model. In 20 13 years, 700 million people around the world will use "mobile wallets". Japan is ahead in this respect. For example, Japanese mobile phone operator KDDI recently established a bank in cooperation with Mitsubishi UFJ Financial Group; Through cooperation with Sumitomo Mitsui Financial Group, NTTDoCoMo, Japan's largest mobile phone operator, provides credit card and loan services. Japanese telecom industry and financial institutions are still actively exploring the operation mode of "mobile wallet" business. Mobile phones link the financial and telecommunications industries, and telecom manufacturers hope to become a part of the "mobile wallet" business chain. During the development of mobile wallet business, the situation in China is quite different from that in Japan. First of all, Japan is a small country with a relatively concentrated population, so operators can effectively promote new services. However, in the vast and complex China market, the promotion of each service must be combined with the characteristics of the local market, and the promotion efficiency is limited. Second, Japanese operators can customize their mobile phones and require mobile phone manufacturers to directly embed the functions of mobile wallets, including software and payment chips, according to their own business development needs. Moreover, mobile phones are relatively simple and not as diverse as the domestic mobile phone market. This also determines that Japan's mobile payment model cannot be easily copied in the domestic market. Secondly, the development environment of Japanese operators is more relaxed than that of China. They can participate in the financial industry and invest in banks, which makes it easy for operators to form alliances with banks, credit card institutions and other financial institutions to promote the development of mobile wallet business. In China, the state does not allow mixed operations, operators cannot set foot in the financial industry, and banks cannot set foot in the telecommunications industry. In this context, China Mobile and China UnionPay jointly funded the establishment of Beijing Linkage Advantage to provide substantial support for the mobile wallet business. However, for the complicated China market, the influence of China UnionPay is not balanced in the whole country. Strong areas can easily lead other banks to carry out mobile wallet business, while in weak areas, it is necessary to negotiate with local strong banks. So far, China Mobile has opened its mobile wallet business in nine cities across the country. Through service providers like Beijing Linkage Advantage, operators, financial institutions and users are linked to form a complete industrial chain. [Edit this paragraph] Potential users of mobile payment services are most worried about security. DoCoMo said that the remote locking system makes it impossible for others to use the payment function of the user's mobile phone; Another factor that affects the growth of mobile payment service is the expansion of system network. Japan Telecom Mobile Communication Network Company has launched a "mobile wallet" with a built-in contactless IC card "Felica" made by Sony. Users can pay by mobile phone in stores and other places. Users download the amount to be paid to their mobile phones in advance, and the downloaded amount is paid by credit card, and then they can shop in more than 9,000 electronic money "Edy" franchise stores such as Takashimaya Shinjuku Store. When paying, after checking the price, the cashier only needs to put the mobile phone in a specific part of the cash register and click to transfer the money to the store account. However, this "mobile wallet" still has security problems. When the mobile phone is lost, only one of the four mobile phones can freeze the IC card in the mobile phone through the phone, and the mobile phone manufacturers are continuing to find ways to solve the security problem. According to Hanyin Technology, the operator of "New Generation Mobile Payment", China recently revealed that its first batch of 65,438+10,000 "hand-paid" SD cards have been promoted in 8 outlets such as Dixintong Nanmen Store, Luomei Store, Duolun Store, Yaxin Store, Xijiao Store, Zhonghuan Store, Nanjing West Road Store and Huangpu Branch of China Everbright Bank. Users only need to bring their mobile phones with SD cards, ID cards and bank cards. After binding with the bank card account, you can easily purchase any goods that can be consumed by UnionPay card through your mobile phone. "PayPay" can also enable a smart card to load multiple bank cards, which means that a mobile phone is bound to multiple banks at the same time. During the transaction, it is connected with the merchant e-commerce service platform through the Hanyin mobile commerce service platform, and the whole sales process or final payment after sales is completed on the mobile phone. According to reports, unlike online banking, the biggest feature of mobile banking is the binding of customer identity information and mobile phone numbers. If you have the bank password online, you can log in on any computer. However, mobile banking can't. Even if you know the password, you must operate it on your mobile phone to see your account information. "PayPay" uses a financial payment card packaged as a MicroSD card to realize hardware encryption and solve the security problem of mobile phone remote payment. The function of SD card is equivalent to the U shield of online banking. As long as the mobile phone is not lost, even if someone cracks the password of the bank account, it is impossible to realize the fund transaction. This is the most advanced and reliable security technology in the industry at present, and this encryption method has been recognized by the Science and Technology Department of the Central Bank, China UnionPay, China Banking Regulatory Commission and major banks. Of course, if you lose your mobile phone and the bank password is found, it is equivalent to giving your bank card and bank password to others at the same time.