The Millennium Semiconductor Survival Guide.

Chapter 63 The Prospect of Electronic Payments

"The electronic payment market is huge, and NewPay cannot occupy the entire market.

We still have a chance. "Peter rekindled his confidence: "NewPay has just started, and they may not really be able to expand as quickly as we guessed.

As long as their products are not perfect, or the acceptance of this payment method in the entire market is not high enough, then we have a chance. "

Max nodded and said: "The only problem is that we need to speed up the progress and develop the web-side products quickly.

Compared with NewPay, which only needs to complete a series of payment operations through a computer, using a handheld computer is too clumsy.

After all, there are only a small number of users who have handheld computers. "

Pocket PCs can roughly be understood as the predecessor of tablet PCs. The reason for this demand is that a large number of corporate customers hope to have a computer form that is more convenient than laptops.

These corporate customers hope that this more convenient form of computer can support them to remotely access the database.

Therefore, handheld computers came into being. Later, as notebooks became more and more convenient, the living space of handheld computers was gradually shrinking.

Take Apple as an example. In 1993, Apple produced the world's first handheld computer, the Newton. Later, due to the shrinking application scenarios, Newton was discontinued four years after it went on the market.

Another thing to mention is that Apple developed a tablet computer, the Senior, in the same year.

After thinking for a while, Max said: "We are short of manpower now, NewPay may fail this time, but what about next time?

We need to stand on the same starting line with NewPay again, our products cannot be pulled too far, we must update our products as soon as possible. "

Peter agrees: "Yeah, so the investment from Nokia and Deutsche Bank is very important to us.

This is related to whether we can expand smoothly.

If this investment goes bad, we will face a very big dilemma and a vicious circle will form. "

"Should we talk to them again?" Max said.

"Not for the time being, we can't appear to be in a hurry, but we need to keep an eye on Nokia and Deutsche Bank's movements. Aren't you very familiar with Paul? Ask him to come out and talk, and hint that if he knows something, he will notify you in advance. ’ said Peter.

When Confiniti, the predecessor of PayPal, was worried about his future and fate for NewPay, Zhou Xin was marketing "Plants vs. Zombies" through various channels of his own.

"Games are just the carrier of electronic payment, but this does not mean that games are not important, because the game itself represents the expansion speed of NewPay."

Zhou Xin was in Seattle at this time. He came to see Bill Gates this time, and he had many things to discuss with him, including when the Riot Electronics Community went public.

Through looking for Goldman Sachs, Riot Games has already started to operate and go public, and all the materials for review have been prepared.

"Plants vs. Zombies" is also a warm-up for the launch of subsequent fist games.

"Bill, I want you to say in public that you are a fan of Plants vs. Zombies and boast about how great the game is."

Celebrity is the best advertisement, especially for Bill Gates, the richest man in the world who is now in full swing.

One word of his can play an excellent publicity role.

In this era when the right to speak is not left aside, and in this era when opinion leaders have not yet been born, Bill Gates' words will be hyped by traditional media.

Because Zhou Xin's expectation for "Plants vs. Zombies" is to break the circle, and NewPay wants to break the circle.

NewPay's customers aren't just for gaming enthusiasts.

Bill Gates is very satisfied with Zhou Xin. It has been less than a year since he invested in Riot Games, and the investment has brought him nearly ten times the income.

Riot Games has already begun the listing process at this time. Goldman Sachs internally valued Riot Games at US$50 billion, and it will even rise appropriately based on this price.

Therefore, for this small request, Bill Gates agreed very simply: "No problem, you remember to send me a copy of the game."

Zhou Xin continued: "Bill, have you ever thought about allowing users to buy Windows operating systems through electronic payment?"

Bill Gates asked: "Electronic payments?
You are referring to the form of online shopping.

Or is it the same as the fist game, after the user pays for the purchase electronically, we send them a download link for windows? "

Zhou Xin explained: "Neither, but users can experience the Windows operating system for free, giving them seven to 30 days of free trial time.

After the experience time is over, you need to use the verification code to activate before you can continue to use the windows system.

The user obtains the verification code through electronic payment. "

This is also the method of Microsoft key activation later, and a similar method was first adopted in the windows7 system.

"This can greatly save the manufacturing cost of optical discs."

This is also the way Microsoft will take in the future, so when Zhou Xin said this, Bill Gates quickly realized the benefits of doing so and the value of electronic payment.

"I think it can be done, but I need to discuss it with the board.

In addition, I want to invest in NewPay, you can make a price, and the price can be negotiated. "

People's thinking is to change.

Bill Gates was not interested in electronic payment at the earliest time. Whether it was Confiniti or later PayPal, his attitude towards electronic payment was dispensable.

The change of attitude was during the ten years from 2000 to 2010. With the rapid development of electronic payment, his attitude began to change.

But he still thinks that the price of electronic payment companies in Europe and the United States is too expensive, like PayPal spent 15 billion US dollars after the Internet bubble burst in the millennium.

So Bill Gates later focused on electronic payment companies in developing countries and underdeveloped regions, especially India and Bangladesh.

After Zhou Xin told him that the windows system could be activated with a verification code, and then purchased using electronic payment, Bill Gates realized NewPay's ambitions.

NewPay wants to be the transaction carrier for all online virtual items.

"It's hard for me to give NewPay a valuation now, because it has a small number of customers, but the number of customers is about to usher in a period of explosive growth.

It is inappropriate to conduct valuation now. If the price is too high, you will not agree to it. If the price is too low, I feel that it is a loss.

Let's wait a month and we'll talk about it again. "

This is just prevarication, Zhou Xin does not want Bill Gates to invest in NewPay.

Riot Games is not important to Zhou Xin, even though it has always occupied the number one market share in the game community, his form determines the upper limit.

But NewPay is different. Its initial form is electronic payment, its advanced form is online banking, and its advanced form is financial technology business.

(End of this chapter)