Chapter 154 EasyPay
Someone took the lead in speaking, and once the conversation started, everyone spoke freely, vying to express their own opinions and trying to show off in front of the chairman.
Song Ci listened carefully to everyone's speeches, but overall, everyone still held a conservative wait-and-see attitude, believing that the company should wait and see and wait until the situation in the mobile phone industry becomes clear before taking action.
Most of the company's senior executives underestimated the impact of the birth of smartphones, but Song Ci can understand that not everyone has the strategic vision to transcend the limitations of the times.
Probably no one could have imagined that in just three or four years, traditional mobile phone manufacturers would be defeated, smartphones would quickly occupy the global market, and the era of mobile Internet would be opened in a grand manner.
Song Ci cleared his throat and said loudly: "Everyone, let me summarize."
His voice was steady and powerful, with an irresistible determination: "What we are witnessing today is not only the birth of a new product, but also the official opening of the new era of mobile Internet.
Since Qualcomm, an American company, revolutionized communication connections and connected mobile phones to the Internet, it has initially opened the era of mobile Internet 1.0.
Now that smartphones have been invented, companies must be aware that smartphones will be the core battlefield in the future Internet battlefield.
Tenda Group must keep up with the pace of the times and gradually shift its product focus to smartphone applications within the next year, and develop a matching mobile version as soon as possible.”
Song Ci spoke each sentence with great force. He paused for a moment and looked around the room to make sure everyone was listening attentively:
“Developing mobile products means we need to rethink product design, market strategy and even the entire business model.
Companies cannot rest on their laurels. Only by constantly innovating and developing applications that can lead the trend and meet the needs of mobile users can they gain a firm foothold in the upcoming fierce competition and even lead the industry. "
After emphasizing a few more times, Song Ci announced the end of the meeting: "If there is nothing else, let's adjourn. Mr. Zhang, please stay for a while."
Today is a warm-up meeting. The first generation of Apple phones will not be officially released until the middle of this year, and sales in mainland China will have to wait until 2008.
Therefore, there is still some buffer time for the development of mobile products, but as it is related to the future development of Tenda Group, we need to plan ahead and make preparations.
The company must be given a sense of urgency and mission, and only then did Song Ci hold a meeting to make the group's senior management fully realize the importance of mobile devices.
Everyone left one after another, and suddenly Song Ci and Zhang Yong were the only ones left in the huge conference room.
"Lao Zhang, what's the progress of that matter?"
Zhang Yong sensed the chairman's urgency and quickly reported: "Mr. Song, after you helped smooth the relationship, the problem at the bank was successfully resolved.
We have now reached the final stage, and the approval process has basically been completed. After the New Year, the company will be able to carry out third-party payment business. "
Song Ci showed a look of delight, nodded with satisfaction, and pumped his fists excitedly:
"Well done! In the future, electronic payment will become the key to success in the Internet industry. Now that Yifutong is in place, we are finally not far behind Alibaba and Penguin."
Among the companies engaged in third-party business in China today, Alibaba's Alipay and Penguin's Tenpay are the most famous.
One is Taobao's third-party guarantee platform, and the other can recharge Q coins. It has a wide range of application scenarios, a large number of users, and the highest market share.
Alibaba launched Taobao in 2003 and Alipay in 2004. With the rapid development of e-commerce business, Alipay has grown rapidly and is currently a leader among domestic third-party payment platforms.
Song Ci started to open up various channels in 2005, relying on a lot of personal connections. It took a year and a half to finally see the light and launch Tenda's third-party payment platform, Yifutong.
Song Ci is in high spirits. The completion of Yifutong is the first good news in the new year.
"Mr. Zhang, I plan to set up a wholly-owned subsidiary to run Yifutong. Please take some time to work on it. You will temporarily be the person in charge of this subsidiary."
Zhang Yong adjusted the black glasses on his nose, frowning. Unlike his boss, he was not as optimistic as he said with some concern:
"Mr. Song, in the third-party payment business, we don't have the large-scale application scenarios like Alibaba and Penguin, so it's a bit difficult to develop in terms of user scale."
Song Ci smiled and comforted him: "Don't worry, everything is difficult at the beginning. Yifutong can be put online and run on internal products of the company such as Toutiao.com and TD game platform.
First, ensure that there is a basic foundation. The current top priority is to operate the subsidiary normally.
The purpose of setting up Yifutong as a separate subsidiary is to separate it from the existing business of the group, so that it can take on external business and develop itself in the future without the need for continuous transfusions from the group. "
Zhang Yong seemed to be thinking about something, then suddenly said, "I understand what you mean, Mr. Song. We should develop from the inside out step by step.
Before the New Year, I set up a subsidiary and asked all departments to cooperate with Yifutong to go online and run it. I first looked at the effect within the group and tested the stability of the payment system. "
Song Ci nodded in agreement. Zhang Yong's approach was indeed safe. Yifutong involved money payments and there couldn't be any problems.
"Mr. Zhang, the third-party payment business does not have many technical difficulties. The core element is to ensure the security and stability of the system.
In addition to Alibaba and Penguin, there are many companies in the market that do third-party payment. If they are short of people, they can ask HR and headhunters to recruit them. In the future, Yifutong will be the core business of the group, and the more talents in this area, the better. "
Zhang Yong promised, "I will build the framework of the subsidiary within a month!"
One month later, on February 14, 2007, Valentine's Day, Tengda Group invested an initial amount of 80 million to establish a wholly-owned subsidiary called Yifutong.
Yifutong is a company dedicated to developing third-party payment business. The general manager of the new company is temporarily concurrently served by the group’s CEO Zhang Yong, which shows the importance that Tengda Group attaches to Yifutong.
As the New Year's bells rang, the capital city of Peking was decorated with lights and filled with a festive atmosphere.
In the ancient alleys, big red lanterns are hung high, swaying gently in the wind, as if telling the story of the past. In the streets and alleys, people wear new clothes, smile and greet each other.
On the morning of the second day of the Chinese New Year, the warm winter sun shone through the car windows into the car. Song Ci drove the steering wheel steadily, carrying his parents and girlfriend to his grandparents' house to pay New Year's greetings.
Liu Shishi, who was sitting in the passenger seat, wore light makeup, her eyebrows were as dark as distant ink, her eyes were as clear as autumn water, and her skin exuded a delicate luster under the sunlight.
She was dressed in a festive red outfit, like a burning flame, warm and dazzling. She sat quietly and obediently, exuding a gentle and pleasant temperament.
At this moment, Miss Liu's face was full of nervousness. She clasped her hands tightly together and glanced at the rearview mirror from time to time. Every time she met Liu Xiaoxian's eyes, she couldn't help but feel flustered.
She always felt like she was being observed under a microscope, with her every move being watched by Liu Xiaoxian. The pressure of being watched followed her like a shadow, making her feel more and more uncomfortable.
Liu Shishi slightly adjusted her sitting posture, trying to make herself look more decent and dignified. But no matter how hard she tried, the feeling of being scrutinized could not be shaken off, her heartbeat accelerated unconsciously, and her cheeks became slightly hot.
The lively New Year scenes kept flashing outside the car window, but failed to attract Miss Liu's attention. Her mind was now all on Liu Xiaoxian in the back seat. She didn't know how to behave in order to win the approval of her future mother-in-law.
Song Ci seemed to sense his girlfriend's pitiful look of help, and noticed that the atmosphere in the car was a bit strange, so he spoke to ease the situation: "Dad, Mom, uncle and the others, are you going to grandma's house to pay New Year's greetings today?"
Song Zhang in the back row glanced at his wife Liu Xiaoxian. Seeing that she had a gloomy face and didn't say a word, he coughed lightly, trying to ease the awkward atmosphere: "Yuan Dan, your uncle and his family are coming today too. Let's have lunch together at your grandfather's house at noon."
Liu Xiaoxian looked at the hustle and bustle of traffic outside the window with empty eyes, but her thoughts were a tangled mess.
She was feeling angry and had no place to vent it. She felt that her son Song Ci's sudden decision to take Liu Shishi to meet his parents during the New Year was too hasty.
She had not yet figured out how to deal with the relationship between Song Ci and Liu Shishi, and her son was so eager to bring her to the elders. She felt it was inappropriate.
He wanted to have a good talk with Song Ci before leaving, but when he saw his son's firm and unquestionable look, he swallowed the words of rejection back as they came to his mouth.
Sitting in the car at this moment, Liu Xiaoxian felt more and more upset. She felt that as a mother, she was ignored by her son, and her dissatisfaction continued to grow.
Occasionally she glanced at Liu Shishi through the rearview mirror, but the cautious look of the little girl did not improve her mood at all.
Song Zhang sighed helplessly. His wife remained silent, as if the air around them was frozen by her emotions.
I don't know when her anger will go away, and you can't handle your son, so why make everyone unhappy during the New Year?
Song Ci's grandparents' home is located on a quiet old street. There are red lanterns hanging in front of the door, making it look particularly festive.
As soon as they entered the door, Song Ci pulled Miss Liu and shouted loudly: "Grandpa and grandma, we are here to wish you a happy new year!"
As soon as he finished speaking, two old men came out of the house with a smile on their wrinkled faces.
Looking at the radiant young couple in front of them, the grandson and his girlfriend looked like a fairy couple walking out of a painting, and the two old people's eyes were full of satisfaction and joy.
"Grandpa and grandma, this is Shishi!" Song Ci introduced with a smile.
Liu Shishi also greeted them in a gentle and sweet voice: "Grandpa and grandma, happy new year."
Grandpa adjusted his reading glasses and looked at the little girl carefully. She was pretty and gentle, very likable.
"So you are Shishi. I often heard Yuandan mention you before. This time I finally see you. You are so pretty. Come in and sit down."
The young couple was led into the house by the old man, and Song Zhang and Liu Xiaoxian followed behind them carrying large and small bags of holiday gifts.
As soon as she entered the house, grandma mysteriously took out a big red envelope from her pocket, handed it to Liu Shishi, and said peacefully:
"Happy New Year, kid! This is the red envelope my old man and I give you. Welcome to our home."
Liu Shishi was flattered and tried to decline, but the two old people insisted on giving it to her, and she looked at her boyfriend at a loss.
Seeing this, Song Ci smiled and said, "Take it. It's a gift from your grandparents. They like you."
Miss Liu couldn't refuse, so she took the red envelope with both hands with a red face, her heart filled with joy. This red envelope was not just a gift, but also the recognition and love of the two elderly people for her.
Soon, my uncle's family also came over after hearing the noise. Song Ci's little cousin Liu Yuqing was so excited that she circled around Liu Shishi, calling her sister-in-law "sister-in-law" non-stop, and laughter filled the whole house.
Several men and the cheerful Liu Yuqing and Liu Shishi were watching TV and chatting in the living room, while the grandmother was cooking with her daughter and daughter-in-law in the kitchen.
While busying herself, my aunt joked, "Big sister, that's the little Qingmei that Yuandan always talks about. She's really pretty. Congratulations, you'll be blessed with a daughter-in-law."
Liu Xiaoxian had a blank expression on her face the whole time, and she looked cold and didn't want to talk to her sister-in-law.
No one knows a daughter better than her mother. The grandmother immediately saw that her daughter had a problem with her grandson's girlfriend and reminded her:
"It's New Year's Day, don't be so pretentious. The girl is coming to your house happily. Even if you don't like her, don't show her displeasure today."
"I know, Mom!" Liu Xiaoxian replied weakly.
Grandma went on to warn, “I see that Yuandan has a good relationship with the little girl, and he has been protecting her intentionally or unintentionally.
Besides, since the couple has known each other since childhood, you can’t do something stupid like breaking them up, and you can’t control Yuandan now.”
Upon hearing this, Liu Xiaoxian immediately became agitated and unconvinced: "As a mother, I can't control my son!"
The grandmother rolled her eyes and gave her daughter a look that said you understand it yourself. The whole family knew what Yuandan’s personality was like.
Not to mention the mother-daughter chat in the kitchen, in the living room, Liu Shishi was smiling and chatting with her future sister-in-law. Song Ci and her uncle Liu Xiaochen talked about some work matters.
"Uncle, thanks to you for helping us with the third-party payment platform for our company this time." Song Ci thanked him sincerely. His uncle was a bank leader and he made great efforts for Yifutong's matter this time.
The country has not yet issued special legal permits for third-party payment platforms such as Yifutong, and it is absolutely impossible to operate without the endorsement of a bank.
Liu Xiaochen smiled and waved her hands: "We are all close relatives, it is a bit awkward for you to say such things on New Year's Day.
However, your Tenda Group's Yifutong can only be launched during the current regulatory vacuum period, and relevant policies will probably be introduced soon."
Song Ci nodded, that's why he tried every possible means to get Yifutong approved while the supervision is not strict now. In two years, the relevant national policies will be introduced and payment licenses will be issued.
At that time, it was extremely difficult to set up a third-party payment platform. There were not enough licenses for central and state-owned enterprises. Without connections, there was no way to get a payment license.
"It's time for dinner!" Grandma's call interrupted the conversation between uncle and nephew.
The table was soon filled with sumptuous dishes, steaming hot and fragrant. The whole family sat around it, enjoying the rare reunion moment.
(End of this chapter)
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