Rebirth: Super Banking System

Chapter 1779: Chapter 1609: Satisfied (Please subscribe!)

Hearing this.

Countless people nodded.

Indeed.

The security of Epoch is evident to all. It’s been more than a year since its release. The thieves, who were initially excited, gradually lost interest. Even if stolen, it couldn’t be cracked, and there’s the annoying hardware authentication.

Every mobile phone.

The main hardware inside has a unique ’identification code.’

It’s like arms and legs.

Combined together.

It’s a ’phone ID card’ that can’t be changed. If the phone is lost, even if the password is cracked, Qingyuan Technology can retrieve it as long as the owner files a complaint.

Once powered on,

the user will see only one screen.

Black and white.

Also accompanied by a line of text.

“This mobile phone is illegally connected to the network and has been listed as lost by the XXX Public Security Bureau. The number is now locked. Please hand it over to the nearest public security bureau for investigation. Thank you.”

That’s right.

This isn’t solely done by Qingyuan Technology. The owner has to report it, and the public security bureau must authorize it. Otherwise, Qingyuan Technology can’t arbitrarily lock the phone. The main purpose is to increase deterrence.

When people see.

Qingyuan Technology?

Perhaps they might not return it, but seeing “lost” and “public security bureau” would scare most people, especially those with their own ID-card-based phone numbers. They can’t escape.

Therefore.

For so long.

Everyone trusts Epoch a lot.

“Secondly, it’s about your payment password. Active payments require entering a password, and the probability of the password being cracked is extremely low. What everyone mainly worries about is passive payment scenarios.”

“As for this, please rest assured.”

“Firstly, for all passive payment scenarios, we have set a daily limit. Each account can spend up to one thousand yuan primarily for daily consumption. For large transactions, password-based payments are still the main method.”

This regulation.

is a bit different from WeChat in the previous world.

However,

There is no need for Tang Qing to follow blindly. It’s currently the promotion stage, so it’s better to be cautious. In any case, the difference in payment time and convenience is already satisfying to current users.

“Secondly, for merchants requiring passive payments, we will rigorously review them. The limit on their collections will depend on the scale of their business, coupled with an appeal mechanism, to maximize the protection of your payment security.”

“Of course, if you’re still worried, it’s okay. You can keep less money in the bound bank card, like one or two thousand, and store large deposits in other bank cards.”

Finally,

Tang Qing offered a small suggestion.

This answer,

pleased the audience.

Not bad.

Having a limit is good.

As long as the payment password is not leaked, it is quite safe. Without Tang Qing saying it, they already had this idea: keep small money on one card and large money on another card. Even if there’s a loss, it won’t be much.

“Good idea.”

“I’ve already done that.”

“I thought of this on the eighteenth of last month, the day Swift Binding was launched.”

“Truly safe.”

“Yes, yes.”

“But even if the probability is small, there might be a loss. What then?”

“I disdain even saying it, bringing cash outdoors has a chance of being stolen or dropped. Saying there’s no risk at all is impossible. You might twist your ankle going down the stairs, what’s entirely risk-free?”

“Exactly, if you think extremely, lying at home, even without disasters, a chandelier might not fall, but you could be hit by your wife, despised by your child, and eventually get divorced.”

“Good analogy.”

“Haha.”

“…”

At this moment,

a second journalist asked a question.

“Mr. Tang, the instant reply scenario, when can we see it? Do ordinary merchants just have to hang a QR code in the old city on the wall, but those passive payment devices are different.”

Scanning.

A piece of paper.

Being scanned.

That is a whole set of equipment.

“Very soon. Actually, we started accumulating technology in this area last year. All the scanning devices you just saw have mature production technology.”

“In the first batch, we will mainly promote these devices in first and second-tier cities. The main issue is that production can’t keep up. Next, we will increase production to cover more cities.”

“Before this, various merchants can register as merchant WeChat accounts. After certification, they will receive their unique payment QR code, which can be printed at any local print shop and placed on the wall.”

“Also, for merchant WeChat accounts certified within one month, we will give a standing sticker board and a customized QR code card for free.” A plastic board + sticker, very cheap.

No need for Tang Qing to pay.

Anywhere visible can add advertisements.

Therefore,

This money,

there will surely be many advertisers willing to pay, perhaps even earning a bit.

“Not surprising for Tang Qing, looks ten steps ahead with every step.”

“Spectacular.”

“That’s called vision.”

“Secrecy done very well, not a hint leaked.”

“Indeed.”

Then,

a third journalist hurriedly asked.

“Mr. Tang, you say the equipment is ready? The metro automatic ticket machines too?” That was a bit curious. You’re researching scanning equipment, fine, but also the metro equipment?

Overreaching, isn’t it?

“No.”

Tang Qing shook his head.

“We mainly study scanning and recognition equipment to make it compatible with existing devices, for instance, scanning is mainly about connecting to POS machines to realize payment information recognition.”

“The automatic ticket machine too, we don’t produce finished machines. Let professional companies handle professional matters. We just provide a set of plans and the technology we want to solve.”

Making that thing,

Tang Qing is not interested.

Producing one would mean subsidizing equivalents of dozens of other devices, plus procurement by these units involves specific companies belonging to specific interest groups. Snatching others’ jobs isn’t good.

He only does the ’upgrade’ part.

This way,

it’s a win-win.

Replacing all existing ticket machines costs a not-so-small amount: letting them earn more out of nothing. POS machine manufacturers can also earn an upgrade fee from it.

“Tang Qing sure knows how to handle things.”

“Probably because the profits aren’t high, the market isn’t big, only so many metros nationwide.”

“True.”

“Few metros don’t mean few buses; there are tens of thousands nationwide. That’s quite considerable, and such ticket machines can also be used in train stations, bus stations, movie tickets, etc.”

“That puts it in millions, doesn’t it?”

“For sure, but to each their own; Tang Qing never planned to make money from this. Even if one machine earns ten thousand yuan, a million machines add up to just ten billion, a mere two-hundredth of Tang Qing’s net worth.”

“Doing the math, it’s indeed small money.”

“Ten billion is small money?”

“What do you think?”

“You shouldn’t need movie tickets, you can buy them on a mobile phone.”

“But you need to collect them, right?”

“What I look forward to most is when train tickets can be bought online. Tang Qing is indeed capable, from providing office software for electricity, communication, energy companies, to paying fees on a mobile phone.”

“Even bank and credit card payments are possible.”

“Also looking forward to train tickets.”

“A friend of mine in railways said, Tang Qing had released an online ticketing system last year for railways, heard it was done very well, but the railway didn’t use it, saying the timing wasn’t right.”

“What timing?”

“Transport capacity wasn’t enough. After online ticket grabs, what about people who queued early?”