2016 has already gone, but the 2016 mobile payment innovation products will continue to affect the development of the entire industry. Here, we will take stock of the top ten innovative products for mobile payment in 2016, and look back on 2016 to better look forward to 2017.

Amazon unmanned supermarket, "eliminate" payment innovation

In December 2016, Amazon released a video showing Amazon's new concept unmanned supermarket Amazon Go. The entire supermarket is skip-lined and does not require a cashier to complete the entire shopping process through various authentication and identification technologies.

Amazon is not just releasing a Demo video, it has already started trial operation within the Seattle headquarters, and it will be promoted throughout the United States in 2017. Amazon has not yet announced the various technical parameters of Amazon Go, but the industry speculates that Amazon Go includes RFID, surveillance systems, face recognition, image recognition, pressure sensors, load cells, etc., which means that Amazon Go is more than just a People supermarkets, but the big integration of cutting-edge mobile payment technology, it is not only the retail industry, but also mobile payment.

AR red envelope & VR payment, making payment more image innovation

Alipay's social attempts in 2016 are not uncommon, but AR red envelopes are generally well received. The AR red bag gameplay imitates this year's phenomenal game Pokémon GO. Based on the technology of “LBS + AR”, users need to meet the two conditions of geographic location and AR real-time scanning when sending and grabbing red packets. The idea of ​​AR red envelope not only allows consumers to taste the AR fresh brought by Pokémon GO, but also increases the activity of Alipay wallet. However, after a short period of hot, AR red envelopes fell hot, looking forward to during the Spring Festival, Alipay launched measures to detonate AR red envelopes.

More than just Alipay, PayPal also applied for a patent called "Augmented Reality View Product Specification" in May. The patent message indicates that when the user brings the AR device and sees the item through the Paypal system, the product evaluation and the required Relevant information such as accessories and recommended products will be listed one by one. PayPal's AR payments are also on the road, and AR's payment innovation will continue.

Compared with the AR red envelope, the overall VR industry was detonated in 2016, and various VR devices emerged one after another. Taobao also launched Buy+, which uses VirtualReality technology to generate interactive 3D shopping environments using computer graphics systems and auxiliary sensors to enhance the shopping experience. The VR era has arrived and VR will also be sublimated.

inSE, changing the innovation of the NFC payment industry

Nfc payment is a year of rapid development in 2016, but NFC innovation is not much in 2016, and the overall industry is around payment. The inSE solution brought by the Huawei HiSilicon 960 chip completely overturns the current popular NFC+eSE model.

More imaginative is Qualcomm's acquisition of NXP. The industry speculates that Qualcomm will also integrate SE into the main chip in the future. The high integration of chips is the future trend. InSE's technological innovation will affect the NFC payment landscape, and the importance of mobile phone manufacturers is becoming more prominent.

Hitachi develops mobile phone scanning finger authentication method, biometric innovation

In October 2016, Hitachi, Japan developed a new authentication technology. As long as the camera is photographed with the smartphone's camera and the vein shape is obtained, the identity can be recognized, and simultaneous authentication of multiple fingers can increase the authentication accuracy.

This is a new authentication method. Compared with the fingerprint recognition that requires hardware addition, the method of authenticating the vein shape by tapping the finger can be realized only by installing the APP in the smartphone. If the technology can be applied on a large scale, then in the future online shopping, through this form of authentication, payment will be more convenient and safe.

White strips to pay, eliminate the innovation of opposites and win-win

In September 2016, Jingdong Finance launched the “White Strip Flash Payment”, a joint electronic debit card cooperated with the bank, and the card account is bound to the mobile payment tools such as Apple Pay and Huawei Pay. The consumption scene is paid by the UnionPay flash POS machine.

The innovation of white strips is more innovative in business cooperation. Jingdong pays the money, the bank provides the card, the banknotes show the scene, and the three parties win together. With this business model, Internet agencies can access offline payment scenarios. When this mode comes out, where to go, Weizhong Bank, etc. have introduced similar functions. Perhaps it was through the white strips to taste the sweetness. Jingdong and UnionPay also officially announced strategic cooperation on January 4, 2017, and the future payment pattern or changes.

UnionPay ODA, subverting the innovation of traditional transportation payment pattern

In June 2016, UnionPay released a related introduction to ODA technology. By the end of December, ODA technology was officially applied to the Guangzhou Metro.

Technically, ODA uses off-line authentication for delayed online transactions, which increases transaction speed and avoids settlement troubles. In terms of the impact of the business landscape, ODA technology is realized through the participation of traffic operators, banks and UnionPay, avoiding the traffic card company, and the impact of ODA innovation on the traffic field is far-reaching.

Wang TAB, payment terminal form and service innovation

In 2016, smart POS was born, but it is still difficult to go deep into the management system of the merchants, just to complete the payment function. Wang TAB has innovated in the form of terminal, and is the first desktop commercial intelligent terminal in China that has passed the new security certification of UnionPay products.

In addition, in addition to payment, Wang TAB will also provide services such as refined customer management, simple financial management, and user big data analysis, which will be deeply penetrated into the business management system of the merchant. In this case, the form of the payment terminal will change in the future, and the service content will be closer to the merchant, so that the merchant has more reasons to use the smart payment terminal.

Credit payment, small high-frequency traffic payment innovation

In 2016, credit payment became a hot word. In March 2016, Shenzhen ICBC, ICBC and UnionPay jointly launched ICBC's enjoyment card, which is to achieve compatibility in the transportation field through credit payment of bank cards.

Subsequently, various product forms such as white strip flash payment, Alipay flower two-dimensional code, and Lingnantong two-dimensional code credit payment continued to expand. With the credit system, payment can avoid unnecessary settlement troubles and increase payment speed. As mobile payment becomes more and more refined into people's daily lives, credit payment will have great significance for convenience.

Video transfer, payment integration into social innovation

In December 2016, the UK social payment application Moneymailme launched the industry's first video transfer function. Based on peer-to-peer real-time payment, Moneymailme's video transfer allows users in more than 130 countries to make instant transfers while video chat. The new features enable a high level of seamless docking. Users don't need to make any jumps during the entire transfer and payment process. They are suitable for both iOS and Android systems. Currently, this feature only supports Euro, USD, and GBP. Kind of currency.

The idea that payment is social is confirmed by the growth of WeChat payment. The video transfer innovation of British companies and the live broadcast of video bursts in 2016 are timely. If the risk control is perfect enough, WeChat is likely to introduce such transfer methods.

Scan code seconds payment, Internet payment close to hardware manufacturers' innovation

In April 2016, Alipay and Huawei launched the “scan code second payment” function on the P9 model mobile phone. The user pressed the fingerprint identification area on the back of the mobile phone through the fingerprint, and then unlocked and instantly jumped out of Alipay payment two-dimensionally while brightly displaying the screen. The code page eliminates the two steps of unpacking and opening the client.

Subsequent Vivo, Hammer, Lenovo, Samsung, TCL, Moto and other models have successively supported the scan code second payment function. For a long time, QR code payment has almost zero requirements for the terminal, as long as the smart machine has a camera. However, the payment speed of the two-dimensional code is a great weakness. The attempt to scan the code and second payment greatly improves the speed of the QR code, and also enters a cage of business cooperation. The Internet giant will care more about the decision of the hardware manufacturer. . In addition, the central bank has repeatedly emphasized the need to combine payment and hardware security. Alipay has also cooperated with Samsung to support the rapid exhalation of QR codes on Samsung Pay.

Therefore, scanning code seconds payment is only the beginning, paying the beginning of deep cooperation between enterprises and hardware manufacturers. Whether it is mobile phone manufacturers or POS terminals, such cooperation will be more and more for safety, convenience and viscosity.