"NewPay has more than 2 million users, and more than 50% of these users have no zero balance in their accounts.

At the same time, about 20 percent of these users, that is, more than 600,000 users, have an account balance of more than $20.

There is a great deal of overlap between our customer base and Ebay's target customers.

If Ebay chooses to cooperate with NewPay, we will put the Ebay account under the registered account on the homepage, just like Amazon.

According to our statistics, the average number of clicks Amazon receives from the NewPay portal exceeds one million per month. ”

That's what Peter Thiel said when he was negotiating with eBay's VP.

Why do more than 600,000 users have account balances above $20, because Quora asks the minimum amount of $20.

If your question is not answered, the money will be returned to your NewPay virtual account.

That is to say, the user initiates the payment through the bank card, and then the refund is refunded to the NewPay account.

The NewPay R&D team is a careful product design that can effectively increase the total balance in the NewPay virtual account.

You must know that there is no Yu Yu Bao now, so the income of this part of the precipitated funds in the bank is completely owned by NewPay.

At present, the precipitated funds of NewPay virtual accounts have approached 50 million US dollars, and some banks have realized the value of NewPay in addition to SMS verification codes.

With the increase in the number of NewPay users and the increase in users' trust in NewPay, NewPay's precipitated funds will skyrocket.

"Ms. Whitman, I strongly recommend accepting NewPay as one of the payment methods on Ebay, and in my opinion, the number of Ebay users will increase dramatically after connecting to NewPay.

NewPay has a large number of users with account balances between $20 and $100, and these users are reluctant to withdraw their money to bank accounts after their funds have been deposited into NewPay's virtual accounts.

For this part of the user, Ebay is a good place to spend, because NewPay agreed to add an entrance to Ebay under their official website address.

This will attract these users to trade on Ebay, and for Ebay, the increase in the number of users, transactions and transaction amounts will bring benefits to the capital market, which is far more than the development of an electronic payment software by ourselves.

And NewPay is already very well established in this market, and even if we launch Billpoint, it will be difficult for it to beat NewPay.

We have not chosen to cooperate with NewPay, we can only watch Amazon leave us behind in e-shopping with the help of NewPay. ”

After negotiating with Peter Thiel, the VP reported to Ms. Whitman, the president of Ebay, that he strongly recommend that Ebay work with NewPay instead of waiting for Billpoint to be developed.

Seriously, the dot-com bubble around the turn of the millennium was far greater than later generations could have imagined, and Billpoint, for example, was an electronic payment company that didn't launch a product, and Ebay spent about $82 million to buy it.

(There is also a saying that it is $112 million.) ）

Billpoint doesn't even have a product, let alone users.

NewPay, which has millions of users, is only valued at $1 billion, which is not too conscientious.

Whitman, whose full name is Meg Whitman, is the obvious revolving door of American politics and business, having served as Ebay's president for 10 years since it had only 30 employees.

After retiring, she represented the Elephant Party in the California gubernatorial election and later joined the Donkey Party.

Steve Westley, another vice president who had a similar experience, and head of electronic payments, was a bit depressed after receiving the board's final decision.

He knows how great the potential of the electronic payment field is, and he has always insisted on waiting for Billpoint to go online, including Ebay's acquisition of Billpoint.

As a result, it still did not block NewPay from entering Ebay's payment channel.

This was a fatal blow to Billpoint, who could understand it all, but couldn't accept it.

It is important to know that transaction is the core behavior of modern business society, from large multinational corporations to street vendors, the ultimate purpose of all business activities is to trade, and transactions are realized through payment.

In Steve's view, electronic payments are like untapped treasures in the Internet era, and once they are dug up, the light will surprise everyone.

Ebay had a mining hoe and had already discovered gold, but it discarded it.

Steve left Ebay to become governor of California and later lost to Schwarzenegger in the election.

Someone is celebrating, and for NewPay's marketing team, Ebay is definitely the toughest battle they've ever talked about.

Other online shopping sites, when they heard that they could cooperate with NewPay, almost all of them accepted it after a little talk.

Amazon, which has more users than Ebay, also accepted NewPay's proposal to put the link to Amazon's official website under NewPay's official website.

The most important reason why Ebay is so difficult to get is that Ebay recently paid a high price to buy Billpoint, an electronic payment company.

"Boss, Ebay has agreed to cooperate with us." When Warren Jensen broke the news to Zhou Xin, Zhou Xin and Cao Yongluo were assembling their first custom keyboard.

After Zhou Xin answered the phone, he picked up the Coke at hand and motioned to Cao Yongluo: "Come and toast and celebrate." ”

Tech nerds like coke, which is a classic pairing.

Cao Yongluo watched Zhou Xin answer the phone and celebrated with him, knowing that it was because of the things on the other side of the phone, not because of the keyboard they were assembling.

He also picked up the cup: "Is there any happy event?" ”

After obtaining a green card, Zhou Xin bought a villa from Bill Gates in a wealthy neighborhood of San Francisco, which Zhou Xin chose to pay for with a stake in Riot Games.

Originally, Zhou Xin planned to cash out a part of Riot Games' shares before going public.

Previously, he held 60 percent of the shares, and Zhou Xin plans to reduce his stake to 55 percent.

According to Riot Games' valuation of $2 billion, that is $100 million.

After knowing how much tax to pay, Zhou Xin gave up on the idea.

Because Riot Games was founded less than a year ago, it was a short-term capital gain under federal tax law at the time, subject to the same tax rate as personal income tax, which was 39.6%.

At the same time, he also needs to pay California's state taxes, etc., and nearly half of the overall plan is for him.

At that time, Zhou Xin felt that it was better to Huaguo, and the direct taxes levied on the rich were much less.

The ass decides the head as much as that. After calculating an account, Zhou Xin chose direct share replacement, plus Microsoft's special tax consultant to do taxes, and was able to achieve less than 3% of the tax.

Zhou Xin said: "There is a relatively big progress on NewPay's side, and the cooperation that has not been negotiated before has just been negotiated.

NewPay is ahead of us and it's worth celebrating. ”

Cao Yongluo nodded: "This is indeed worth celebrating, foreigners don't understand, don't we Chinese people understand?"

The closer to the money, the faster the money comes, and is there anything faster in the Internet field than in the field of electronic payment?

Since Huaguo has been unwilling to open up private capital to enter the field of electronic payment, many elders around me have long been gearing up to enter this field in various ways.

Recently, I had relatives who asked me, also at the University of California, do you know you, and they want to invest in NewPay.

I don't want to think that I can invest in NewPay even if I have a lot of money. ”

After getting the Ameriken green card, it is equivalent to an insurance, and ordinary means can no longer be used by Zhou Xin.

Coupled with Zhou Xin's own reputation in Ameriken and Huaguo, it is almost impossible to make some small moves.

Zhou Xin didn't know if Cao Yongluo's words were tentative: "Haha, it's normal to have this kind of thought, but NewPay won't accept external investment recently."

The money is enough, and in the next financing, NewPay's valuation will start at least 10 billion.

I welcome anyone in China who wants to participate, but he has to give me the same price, such as allowing NewPay to enter the Chinese market.

Or he can give me a special electronic payment license. ”

In other words, a license is called a franchise license.

Cao Yongluo shook his head: "This really can't be done, there has been no opening up in China in this regard, and there is not even a rumor of opening up." ”

Zhou Xin: "If China can open up, I will set up a new company of NewPay to specialize in electronic payment in China."

The company will be strictly segregated from Ameriken's NewPay.

In other words, NewPay Global and NewPay Huaguo, but the name is the same, the control is in my hands, and there is nothing else the same. ”

Cao Yongluo: "I'll let you know when I have the news, but don't think about it in the short term."

If you really want to get an electronic payment license in Huaguo, I can help you find someone to talk to, as for how to distribute the benefits, it depends on how you talk. ”

Zhou Xin asked: "Why, your family can't get it?" ”

Cao Yongluo: "No, my family has almost no way in this regard."

Moreover, the People's Bank of China is very dead in the field of third-party payment market, even if it is opened, it is gradually opened, and the first to obtain a license must be the people with great powers, and our family will not engage in financial business.

This piece of money comes quickly, but there are many taboos. ”

In 98, the People's Bank of China promulgated the Administrative Measures for Payment Services of Non-financial Institutions, clarifying the access and management requirements for non-bank institutions to engage in electronic payment services.

However, it was not until 2004 that the People's Bank of China allowed private capital and foreign investment to enter the field of electronic payment, and Alipay was established in that year.

Later, it was not until 2010 that the People's Bank of China allowed the payment license to be auctioned, and the first payment license was sold at about 160 million RMB, and then the price climbed all the way to more than 1 billion RMB.

Zhou Xin picked up the PCB board in his hand and said, "These are still too far away."

Even you don't know when the Pedestrian Bank will lift the restrictions, let alone me.

Let's prepare for this after the news of the line, let's assemble this keyboard first.

This is the first step in the 100-year plan of our consumer electronics brand! ”

They found three electronic product companies that focus on customers to meet the individual needs of customers to help make these accessories.

Chapter two, there should be another chapter.

Then talk about how much the transaction tax of the share replacement villa can do, I don't know, I don't have experience in this area, there are book friends who understand it to talk about it, and it has to be the situation in the late nineties of the last century.

(End of chapter)