As long as there is a network, as long as there is a smart phone, you can use Alipay and electronic money. Since Alipay occupies such a large market share, why not set up its own Alibaba Bank? The reason for this is that all the major banks in China are under the management of the Central Bank. The main business of banks is savings and loans.
And today Alipay also has this function. The ant flower shop business in Alipay is the same as the loan business of major banks. Users can borrow the corresponding share of money from ant flower buds by virtue of their own credit points. Similarly, another item in Alipay, Yu 'ebao. Played a role in saving.
The interest rate on Yu 'ebao is higher, which is convenient to withdraw money and can be deposited in real time. Why not? Therefore, there is absolutely no need for Alipay to re-establish its own bank. What's more, Alipay uses electronic money, which stores account information and has no real money. With the popularization of big data, it is very convenient to store some e-bank account information. At present, the central bank is still collecting and clearing. Therefore, it is meaningless to set up another bank, and it is impossible for people to go to Alipay Bank to handle electronic information, which can be completely solved on mobile phones. Why do you have to go to the bank to solve it face to face?
Alipay is originally an electronic bank, which exists in everyone's mobile phone and is convenient and fast.