As the leader of the second echelon of financial products, let's take a look at how One Wallet integrates payment and finance in the product. At the same time, it is hoped that through the product analysis of One Wallet, we can find functional points that can be used for reference and improvement for financial products. 1. Experience environment 2. Product background 1. Industry overview The 2019 government work report did not directly express Internet finance, but the cell phone number list statements in the report "deepen big data, artificial intelligence and other research and development, strengthen inclusive financial services, and expand digital economy" also give new directions for Internet finance under the cold winter:
Make full use of the advantages of artificial intelligence technology and big data, and implement convenient Internet-based financial services for inclusive groups, so as to support the development of real industries and strengthen financial support for small and micro enterprises and private enterprises. This is the proper meaning of the financial supply-side cell phone number list structural reform in the field of Internet finance, and it is also the future development direction of Internet finance. In terms of personal wealth management, different types of Internet wealth management institutions and platforms continued to rise in 2019. Traditional wealth management institutions, whether securities, funds, or third-party wealth management companies, are actively expanding online and offline channels.
The wealth management industry is changing banking channels. A single family situation. In terms of third-party payment, the scale of transactions in China has grown steadily, and the consumer sector has performed well. In the fourth quarter of 2019, China's third-party mobile payment maintained steady development, with a transaction size of about 59.8 trillion yuan, a year-on-year growth rate of 13.4%. The mobile consumer sector performed well, with cell phone number list the sector's share increasing to 24.5% from 22.2% in the previous quarter. 2. Product Introduction One Wallet is affiliated to Ping An Insurance (Group) Co., Ltd. of China. It is a third-party payment & point consumption product launched by Ping An Pay, a subsidiary of Ping An of China. It currently covers: wealth management, shopping, life convenience, transfer and repayment, financial services,