Guangdong's vending machine cash collection history will end

Will Guangdong's vending machine cash collection history end? After 2000, with the in-depth development of Internet technology and more and more mobile payment scenarios, cashless payment methods are getting closer to the lives of ordinary consumers. The rapid development of mobile payment companies represented by WeChat Pay and Alipay in China has surprised the world. From food, clothing, housing, transportation to financial value-added services, mobile payment has penetrated almost every area of u200bu200bpeople’s lives, especially in the field of micropayments. Cashlessness is increasingly becoming a trend in China, and it has a broad base of public opinion. While abroad, some European countries have accumulated considerable experience. For example, the European country Denmark is at the forefront of the world in terms of 'cashlessness'. Since 2014, the Danish Central Bank has decided to stop printing banknotes and replace it with electronic payments. Recently, the Danish government even plans to follow-up legislation to encourage merchants such as clothing stores, restaurants, and gas stations to refuse cash services. Coincidentally, Denmark's neighbor Sweden is also studying when to launch the 'Electronic Krona.' On November 18, the Riksbank’s vice president Cecilia said that the Riksbank will consider various issues, including technical, legal, implementation and security issues, and expects to make a decision on whether to issue an “ekrona” (ekrona) within two years. . Cecilia said that the central bank is confident that after a two-year evaluation phase, it will ban the circulation of physical cash and become the first society to use “digital cash” entirely. What is digital currency? Digital currency looks similar to the electronic payment method we use now, but there are also major differences. For example, when we use Alipay or WeChat Pay, the payment amount is essentially the amount of banknotes in our bank account, which is the electronic form of banknotes. The '100 yuan' displayed on the mobile phone must also correspond to the real 100 yuan banknotes in the bank. In addition, digital currency is not the same as virtual currency. For example, the well-known Q coins and the recharged currencies in various games are virtual currencies, but these virtual currencies are also purchased with real money, and their essence is another manifestation of real money. Digital currency is essentially a piece of data, but it has been encrypted by a very complex algorithm. A typical example is the now-famous 'Bitcoin' in the world. But the difference is that these digital currencies such as Bitcoin are not legal tender issued by the government, and there is no centralized issuer. Anyone can participate in the manufacture and circulate around the world. And if China starts to use digital currency in the future, it will definitely be issued by the central bank and whether there is a foundation for the cashlessness of the encrypted vending machine industry? Judging from the current development of mobile payment in this industry, the proportion of non-cash payments in the vending machine industry is increasing year by year. From less than 5% at the beginning to 35% or more in recent years, the cashlessness of the vending machine industry has a strong foundation. Consumers generally have a strong acceptance of using electronic payment methods and are increasingly relying on this method. In the short term, cash and non-cash methods will still circulate digital currency together to promote the industry to realize cashlessness. It will take time for the head of the Secretariat of the Self-service Vending Industry Branch of the China Department Store Business Association said that digital currencies are becoming the general trend from a global perspective. According to domestic media According to predictions, my country’s central bank digital currency may be launched within 1-2 years at the earliest. However, after the launch of digital currency, within a certain period of time, digital currency and traditional currency will still coexist and circulate in this industry. Especially in some areas where the conditions are not yet mature, vending machine operators will still provide corresponding service options based on actual conditions. In addition, large-scale vending machine operators may still retain cash payment options based on risk prevention and control needs. If this article prepared for you is helpful to everyone, I hope to collect it. If there is a shortage of Guangdong vending machines and Guangdong unmanned vending machines, I hope you can point us out so that we have more progress. Previous: What to pay attention to when choosing Guangdong unmanned vending machine Next: Problems in the operation of Guangdong vending machine