Unlike offline transactions.

The shortcoming of e-commerce is that buyers and sellers don't know each other and don't trust each other.

Since ancient times, buyers and sellers have always liked to pay attention to cash on delivery. After moving the transaction method to the Internet, there have been cases of incompatibility.

Sellers are afraid of not receiving payment, and buyers are worried about paying the money but buying inferior fakes in the end.

Especially in this era when e-commerce has just developed, potential customer groups have no understanding of it, which makes it difficult to open up the market and seriously restricts the development of Tao Bao.

Su Yehao knows that if this problem is not resolved as soon as possible, the trading platform cannot be made bigger and stronger.

Therefore, in the middle of the year, he found someone in Silicon Valley to write programs, and also greeted acquaintances in Si Jiucheng, and spent some thought to create this "Credit Treasure," which is specially used to deal with the problem of mutual trust between customers and stores in the online shopping process.

The method of use has not changed at all. Customers still transfer the payment to the guarantee platform first, and after the customer confirms the receipt and is satisfied, the guarantee platform then transfers the payment to the merchant.

Because the platform is responsible for guaranteeing the payment, the risk of online shopping is greatly reduced, and both buyers and sellers are more at ease.

However, mobile payment is still a novelty after all. Once the transaction volume increases, it will inevitably attract the attention of financial regulatory authorities.

This is also the reason why Su Yehao took the initiative to find someone to connect him with the bank card network interconnection working group of the People's Bank of China. It is regarded as the predecessor of UnionPay and is currently mainly responsible for promoting the networking and cross-regional use of bank cards in medium and large cities.

Having learned a lesson from Ma's exclusive food in front of him, Su Yehao learned to be smart from the beginning and directly used his influence to bring relevant departments to cooperate.

If necessary, he can even bring in large banks with strength and strive to let sssss Asset Management Company benefit from it as soon as possible.

According to his asset layout, there is really no need to eat alone.

While earning money himself, it is better to win over some powerful allies so that he can go both fast and steadily, so why bother making enemies everywhere.

For example, 5s Asset Management, which was jointly established by the four major groups, has inadvertently raised more than 10 billion yuan.

People are sent from above to conduct research and inspection from time to time, and the conclusions obtained are mainly praise, appreciating him for using idle social funds in the right place, which has greatly promoted the development of the asset management industry.

There is also the investment banking project that is being tossed with banks and securities companies and other financial companies, which is now in the preparatory stage, and it is also a green light all the way, unimpeded.

To put it bluntly.

Su Yehao is not short of investment projects. He does business in a grand manner. While he has nothing to hide, he doesn't have to worry about being robbed of the initiative by anyone. He has already become a force to be reckoned with.

The business he does cannot be done by others in general. Even if they do, they often cannot compete with him. He has already left the level of ordinary businessmen and stands at a higher level.

Of course, Mr. Ma is clear that the company's performance has increased greatly in the past two months, mainly because of this young boss in front of him. He is embarrassed to attribute all the credit to himself.

After talking about the company's recent situation, he suddenly said to Su Yehao:

"I think this Credit Treasure is a bit interesting. The money in the escrow account goes in and out, and it has basically been maintained at around 400 million yuan in the past month. I have an immature idea. If we treat this money as a deposit and put it in the bank to earn interest, plus the floating bank interest, can't we make a net profit of more than 10 million yuan a year?"

Seemingly chatting, but in fact also seeking opinions.

If he easily misappropriates customers' transaction money, once the news spreads, Mr. Ma feels that even if he doesn't pack up and leave, he may be demoted again and again.

So, despite being greedy for this windfall income, he still ran to test Su Yehao's tone, wanting to get a heads-up in advance.

Su Yehao was a little puzzled at first, thinking about buying and selling transactions, how could the money in the account not move.

After pondering for a moment, he suddenly realized that while money was being paid to the seller, new customers were also placing orders and transferring new funds. Counting the time difference in the buying and selling process, it seemed that a fund pool could really be built.

To put it figuratively.

Credit Treasure is like a pool, with water flowing out and water constantly flowing in.

As long as the transactions of Credit Treasure are not all concluded on the same day, there will always be funds temporarily sunk in the pool. If the new water flowing in is used to fill the downstream directly, some idle funds can really be put in the bank to earn interest.

The reason why Su Yehao thought of the reason so quickly is because he had read news about a certain payment treasure affecting the interests of the bank. He originally thought that Credit Treasure was only acting as a platform for the time being and would not involve that step. He never thought that a fund pool had already appeared now.

After thinking for a few seconds, Su Yehao waved his hand and said:

"Don't think about this money for the time being. It's not worth affecting your reputation for petty profits. When the scale becomes larger in the future, even if we don't mention it ourselves, the bank will find a way to help us handle it. Why jump out to attract firepower ourselves? It's easy to get beaten."

The interest of more than 10 million yuan a year has become a "petty profit" in his mouth.

However, Mr. Ma, who heard these words, felt that it was a matter of course and replied decisively:

"Yes, we have just started cooperating with them. If we shut down Credit Treasure, it would be a disaster. In the past, many merchants were unmoved even if we wore out our lips. Since we used the UnionPay banner and it is also your company, President Su, now business is much easier to do than before."

"Well, before the end of the year, you can try to put the Black Diamond mobile phone and the Yellow Diamond computer on the Internet for sale, and first choose some convenient first- and second-tier cities for logistics as pilot projects."

"Okay! This is what I wanted to say. There are already companies outside doing personal business. I'm worried that if we take one slow step, we will be slow step by step, but their strength is definitely not comparable to yours."

Mr. Ma smoked a cigar and continued with a smile:

"The reason why I came this time is actually to ask you for a favor, boss. Can you make an interview for Credit Treasure? At that time, let the salesmen take the newspaper to talk business with the merchants. I guarantee that we can quickly win new customers. Many people don't know about it, especially those in their forties and fifties. Their ideas are very stubborn."

Hearing these words.

Su Yehao looked at Mr. Ma, touched his chin and said:

"It's not impossible. While other entrepreneurs haven't reacted yet, we can first seize the market share by taking advantage of the time difference. But, are you sure you are ready? The logistics channels and the scale of netizens don't seem to be very good for the time being. If we reveal our trump cards in advance, we will be on the same starting line as others in the future. Amazon and eBay are not easy to deal with."

Mr. Ma didn't think so, and shook his head, saying: "If you are worried about this, then we shouldn't have launched Credit Treasure too early from the beginning. Now it's awkward to be stuck in the middle. It's better to do our best to promote the brand. While there is no competition, the market is ours."

Feeling that what he said made sense.

Su Yehao exhaled a smoke ring, nodded, and replied:

"That's right, as long as we run fast enough, others won't be able to catch up with us. The preconceived brand concept is also very important. Then let's do this, I'll give you another 200 million yuan before the end of the year. Go back and prepare, and be sure to seize the market in the Jiangzhehu region first."

"That's enough in the short term. With these 200 million, I am confident that the transaction volume will exceed 3 billion next year!"

Tao Bao e-commerce website is temporarily busy doing B2B business between enterprises. The transaction volume of a single order may be tens or hundreds of thousands of yuan. Although it is a bit troublesome to achieve a transaction volume of 3 billion yuan, it is not impossible.

The postal area has been prosperous since ancient times, and there are now private enterprises everywhere. With the convenience and speed of Tao Bao's word-of-mouth, there should be some improvement next year.

Su Yehao calmly stated:

"It's nothing to break through 3 billion in transaction volume. When the company's revenue reaches 3 billion yuan one day, that's real success. Remember to save some money, don't let me not be able to hold on before the company is profitable."

Hearing the word "revenue," Mr. Ma was immediately silent.

The transaction volume this year seems to have increased well, but in fact, it is a losing business. Counting advertising, express delivery fees, etc., only more than 8 million yuan has been earned back in December, which is not enough to pay salaries to all employees...