Chapter 2554 Controlling India’s Online Shopping Finance

At present, Qin Yibin is still in charge of Xiaoyao in India. Although Xiaoyao Express and Xiaoyao Logistics will operate independently, he still has overall supervision and jurisdiction.

But according to Xiao Qi's understanding, Qin Yibin has no interest in the position of president of the Indian branch.

Because he knows that with the purchasing power of China's 1.5 billion population and the development potential of this market, it is definitely not comparable to India, a country with a complicated situation.

Besides, the Xiaoyao Mall is an important part of the Xiaoyao family, and the Xiaoyao family is an important part of Xiao Qi's Xiao family wealth. As long as he, Qin Yibin, manages the Huaguo's Xiaoyao Mall well, then not only himself, but his Future generations will benefit from this and will be cared and supported by the Xiao family.

Therefore, when Qin Yibin was supervising the three major companies of the Xiaoyao Group in India, he had to observe and discuss with Zhou Bo and Wen Lu as soon as possible to select the three general managers of the Xiaoyao Group.

These three chief executives must be able to act independently and have strong working ability.

It is still not obvious now, only after the operation of the Xiaoyao series in India, can we know who is capable and who is mediocre.

Xiao Qi will not care about this aspect, because no one knows the Xiaoyao family better than Qin Yibin, Zhou Bo and Wen Lu.

Letting professional people decide professional matters is what Xiao Qi has always insisted on doing.

In addition to the active preparations for the Xiaoyao series, Xiao Qi is more concerned about another thing, wanting to develop a long-term layout.

India is a federal system like the US.

But unlike the United States, many places in India are closed and conservative at all, without modern cultural education at all, and many contradictions are very sharp. The situation in each region is different and very complicated.

The big cities are better, at least the progress of civilization is not bad.

But small cities, especially small villages and towns, are not only completely self-sufficient small-scale peasant economies, but also have many ancient customs. Many are bad customs.

Therefore, in this case, the legal systems and measurement standards in different parts of India are completely different.

If you want something to unify. Basically impossible.

However, the progress of modern society cannot be stopped by these ancient and absurd customs in India.

Especially in the area of ​​online commerce, it has transcended geographical restrictions and can be purchased anywhere; it has also transcended the restrictions of rich and poor, and people with money or without money can buy what they need online.

Therefore, at the beginning of online B2C commerce, a unified standard was implemented. To develop in this way, everyone who joins in the future will respect this system, and then consciously abide by it.

That's right.

What we are talking about here is not about buying and selling things, but a more far-reaching industry-online shopping finance!

When Xiao Qi watched the development of Indian online e-commerce giants such as Flipkart and Snapdeal in his previous life, he saw them envious of Huaguo Taobao.com’s Zifubao, saying that it is difficult to form a unified and complete payment system in India. I am used to cash on delivery, and many people are not used to paying with credit cards or debit cards.

Therefore, when Xiao Qi was developing Xiaoyao Mall, he decided to use the Xiaoyao Wallet from Xiaoyao Mall. And the Fairy Bank online payment transaction system was introduced.

Xiaoyao Wallet is easy to say, if Xiao Qi can make all products 2% cheaper when paying with Xiaoyao Wallet. It is guaranteed that most people will save money into Happy Wallet.

Fairy Bank's online payment transaction system is a little more complicated. Fairy Bank must enter India to operate, and then it can build this APP on mobile phones, allowing people to use Fairy Bank's cards to pay.

It doesn’t matter if you don’t have a mobile phone to access the Internet. The Square credit card reader carried by the courier can solve the problem. You only need to swipe the Fairy Bank card.

As for why use the fairy bank card?

It's very simple, you can get a 2% discount if you use Fairy Bank's credit card or debit card, within the limit of 200 US dollars a month. You don’t need to pay any handling fees and interest, can you use it or not?

in addition. If you use the Fairy Bank Card on your mobile phone, or the Xiaoyao Wallet in Xiaoyao Mall, you can get an additional 2% discount. Do you use your mobile phone to pay?

If the Xiannv Bank Card and Xiaoyao Wallet are also bound together, then an additional 1% discount will be added. Are you bound or not?

The sum of these several discounts is basically about 5% discount. For people who buy goods for a long time, 5% discount is definitely not small. At least 30% of users will use mobile phone network to pay because of this. And binding Xiaoyao Wallet and Fairy Bank Card.

Considering that many young people and white-collar workers in India are already accustomed to the life of swiping credit cards in the West, they will not resist the slightly advanced online mobile payment. These people account for at least 20% of the overall shoppers. .

Together, it is optimistically estimated that after three years of the opening of Xiaoyao Mall’s Indian branch, there should be 200 million mobile payment users, including users of Xiaoyao Wallet and Xiannv Bank Card.

To be able to have 200 million users and have their funds deposited in banks and wallets, no matter which bank or mobile payment platform, it is very impressive. If it is listed on the market, it will be at least 50 billion Market value above USD!

In Xiao Qi's mind, India's online shopping finance and mobile payment are actually as important as the three major companies in the Xiaoyao family.

Use the Xiaoyao series to control the buying and selling of Indians' daily necessities, and let the Xiaoyao Wallet and Fairy Bank Card control their consumption. It is no exaggeration to say that Xiao Qi can control at least 20% of India's economy.

As long as you pay attention not to get involved in various disputes in India, do your own business seriously, and then deal with things in all directions, then it is not impossible for Fairy Company to turn India into a back garden of its own.

Under the anticipation of this situation, Fairy Bank began to get through the financial review in India and applied to enter India for business as early as after the Spring Festival.

Since India adopts the open and open financial system of the West, Fairy Bank has completed various procedures, paid a large amount of capital deposit, and stuffed red envelopes to the officials of all parties involved in the review. As early as July, branches were opened in the seven major cities that have been decided now, and they officially opened.

It's just that Xiaoyao Mall has not yet opened, so Fairy Bank is naturally not well-known, and only the business of Fairy's directly-operated store has been transferred, so the turnover will not be too embarrassing.

However, the poor performance of the business does not affect the enthusiasm of the staff of Fairy Bank. They know that Fairy Bank will have at least 30 business branches in India in the future, and everyone has the opportunity to become a master, so when they have nothing to do, they I went to the street to do publicity and attract customers, in order to train myself a lot, so that I can be promoted and raise my salary in the future, and become a real gold-collar worker.

Xu Weihong personally led the work of opening a new branch. After the inspection, MCA told Xiao Qi that Xu Weihong already had the initial ability of a banker. banker.

Speaking of Xu Weihong, he can be said to be the number one model worker of Fairy Company.

After his mother's health recovered, and after his wife gave birth to a son, Xu Weihong's major life events were basically resolved, and he devoted himself to work wholeheartedly.

Zhou Bo is working hard all day long, and Xu Weihong is also going to various branches all day long to deal with various affairs, and there are endless meetings... Basically, he can rest for two or three days a month, and the daily working hours are definitely more than 12 hours.

For this reason, Xiao Qi also told him many times, but Xu Weihong just smiled and said that in order to erect and develop the main pillar within the group, Fairy Bank, no matter how hard it is, he is willing.

Fortunately, Xu Weihong is not very old, even if he worked harder when he was young, he can still hold on mentally.

Apart from lamenting, Xiao Qi could only order his subordinates to provide the best logistical support for Xu Weihong's life and work, as well as increase his salary subsidy.

Xiao Qi has always believed that Carnegie's talent theory is very correct, and talent is more important than money.

The sense of accomplishment of making money is not as good as the sense of accomplishment of a few capable subordinates that I have discovered.

Needless to say Xu Weihong and Zhou Bo, Xiao Qi in his previous life knew that they were very capable and could be used as confidantes.

Then Yu Shanshan, Qin Yibin, Zhang Gu, Zhang Qingqing, Xing Hu, Wen Lu... and other talents were discovered by Xiao Qi in his own life. Watching them flourish in each job position, Xiao Qi I feel that the day when Fairy Company will go bankrupt, as long as they are willing to work hard with me, in a few years, at least another company with hundreds of billions will be re-established.

It's a pity that Xiao Qi hasn't discovered enough talents like this, otherwise, the candidate for the president of the Indian branch would not be let MCA serve concurrently.

There is no doubt about Mahua's ability, but he is old after all, and he is not that familiar with online finance. Xiao Qi is a little worried that his development is not active enough.

But there is no way now, Xu Weihong can't be allowed to slow down the more important layout of the Huaguo headquarters, and come to work in India, right?

It seems that attracting some talented banking elites abroad is also an issue that must be put on the table.

After all, not only India, but also the establishment of branches in Malaysia, the Philippines and other countries in the future will require more professionals! (to be continued ~^~)