Bill Gates or Microsoft behind him can do very little to help the electronic payment field.
If NewPay wants to accept investment, it will not choose Microsoft.
An excellent company never lacks investors. At this stage, it is always the project that chooses the investor, rather than the investor that chooses the project.
Zhou Xin’s goals for investors in NewPay have always been clear, either banks or e-commerce platforms such as Amazon and Ebay.
"I'm willing to give it a valuation of US$500 million." Bill Gates refused to give up.
"This price is too low. It is this price now, but it will not be this price in a week." Zhou Xin said.
Bill Gates asked rhetorically: "There are many electronic payment companies on the market. If I want to participate in this industry, NewPay is not the only one I can choose.
Other electronic payment companies are valued at only a few million dollars. "
Zhou Xin smiled and said, "Bill, so you won't invest in those companies, you will just believe in me.
Try the products of other electronic payment companies, and then try NewPay. Comparison will only hurt.
The customers cultivated by those electronic payment companies are entirely cultivated for us.
They will be converted into NewPay users one after another. "
Zhou Xin is extremely confident, and he does have this confidence.
Compared with electronic payment products of this era, NewPay is much better.
“For our promotion incentive plan, we support both mobile phone number registration and email registration.
And users who register with an email address can only get a user incentive of $1, but users who register with a mobile phone number can get a user incentive of $10.
Why? Because users can register unlimited email addresses, and there is a cost to register a mobile phone number.
The probability of a user changing their email address is much higher than that of changing their mobile phone number. If Yahoo’s email is easy to use, I will use Yahoo’s email. If Microsoft’s MSN email is easy to use, I will switch to Microsoft’s email.
Users are always chasing excellent products.
But mobile phone numbers are a very mature model. Users will not say I will use this phone number today and that one tomorrow.
Electronic payment also hopes that users will be stable.
What's more important is marketing. After users register with their mobile phone numbers, we can notify them of NewPay activities by sending text messages.
E-mails are full of spam, and without special reminders, it is difficult for users to pay attention to marketing emails sent by an electronic payment company.
Compared with other electronic payment companies, NewPay's advantages are reflected in countless details.
This is just from the level of product logic design. The excellence of NewPay is even more reflected in the level of use.
We only need an extremely simple way to complete an electronic payment.
Enter your mobile phone number or email number and transfer amount, then enter the verification code received on your mobile phone or email, combined with the payment password you set, and complete the payment under double confirmation. "
Zhou Xin only said part of it. The more important reason is that mobile phones are the future trend.
Mobile phones will continue to grow rapidly for a long time in the future. Compared with 1998, mobile phone sales increased by more than 65% in 1999, and in 2000 they increased by more than 40% compared with 1999.
At the same time, it is also preparing for the migration to the mobile Internet era.
NewPay is convenient enough nowadays. You don’t need to go to the bank to operate it. The entire process can be completed entirely on the web page.
For other electronic payment software, you still need to go to the bank's online banking for a confirmation operation.
As for why you can't take later generations, you only need to enter the six-digit payment password to complete the transfer.
This still takes into account the user's acceptance. This span is too large, and users will have doubts about payment security.
This is how people are, the less they can get, the more they want.
The more Zhou Xin demonstrated the advantages of NewPay, the more Bill Gates wanted to invest.
"With US$800 million, my valuation will increase by another 60%!" Bill Gates said seriously.
Zhou Xin thought for a moment: “I will accept your investment, but not yet.
For NewPay, money is not the most important, but what investors can provide is the most important.
If Microsoft's Windows system adopts electronic payment for purchases, and then the payment channel is completely dominated by NewPay, and the subsequent Xbox is also completely dominated by NewPay, then I am willing to accept your investment. "
Bill Gates asked: "With Microsoft's strength, it is completely possible to develop an electronic payment company on its own."
Zhou Xin grinned and said: “Bill, not all companies can succeed when they enter other fields.
Microsoft's strength lies in operating systems. You have also entered portals, e-mails, browsers and other fields. Have you achieved any obvious success?
Have you taken advantage of Microsoft's advantages to occupy the entire market? Not even a dominant position can be achieved.
Microsoft has both advantages and disadvantages.
NewPay can become Amazon's payment channel, it can become eBay's payment channel, and even as long as I am willing to accept Jerry's investment, Yahoo will also let NewPay become their payment channel.
But the electronic payment software made by Microsoft itself does not work.
These companies will naturally be wary of Microsoft's electronic payment, and Microsoft's electronic payment can only be limited to its own internal scope. "
Bill Gates instantly understood what the other party meant. Internet companies would be wary of Microsoft because Microsoft is too huge.
The demand for payment exists widely in every corner of the Internet. Riot Games’ bank transfer and verification code download methods bring users a fresh electronic payment experience.
But this is not enough.
Previously, the market did not provide the corresponding technology to solve various forms of payment needs.
Over the past few decades, credit card and ATM networks have greatly expanded the ways consumers pay, but these infrastructure-heavy systems also have significant shortcomings.
Only merchants can get permission to use the necessary equipment to accept credit cards, and ATMs aren't always available everywhere.
With so many restrictions, neither credit cards nor ATMs can meet the needs of a single consumer to pay another person.
If a consumer doesn't have enough cash on hand, his only option is to write a check, a cumbersome payment method that requires the recipient to go to the bank in person. As for the check clearing, the recipient will be able to use the money but will have to wait a few days.
Now NewPay gives users a new choice.
After the official release of "Plants vs. Zombies", it quickly aroused heated discussion among the player community. This is a more mature product.
Users who have passed the level quickly have experienced the fun brought by different scenes such as day mode, night mode, rooftop mode, swimming pool mode, etc.
The combination of Zen garden and customs clearance makes farming even more fun.
The "Plants vs. Zombies" section of Riot Electronics Community quickly became the most popular section in the entire electronics community.
But in Silicon Valley, NewPay is getting more attention.
