I'm in the county town, and you say I'm a big shot?

Chapter 587 This Zhiyun Technology is really ambitious, wanting to unify the domestic bank payment system!
Zhong He nodded in agreement.

"Okay, I'll remind Tang Qing."

They had secretly agreed to investigate Mintian Holdings!
After chatting for a while, Zhong He took his leave. Fang Qingye escorted him to the outside of the nursery and watched him walk away before getting back into the car and returning to the bank.

There's been a lot going on here lately, so I can't slack off at the nursery.

Fang Qingye kept the matter of Min Tian Group in mind, but the time was not right. Neither his current energy nor his current strength could shake this huge financial empire that supposedly had a total of three trillion in assets, which even Heng, a real estate giant, could not compare to.

The banking system observation meeting was held on June 14 in the conference hall on the 12th floor of the Changjiang Hotel in Nanxin County. The attendees included more than 50 people, including leaders from the financial system and relevant local departments in Jinghai.

The meeting was chaired by Fang Qingye, President of Jinghai Bank. At the meeting, Vice Governor Pan of the People's Bank of China, Vice Chairman Cao of the China Banking Regulatory Commission, and Mayor Zhang of Jinghai City delivered enthusiastic speeches on behalf of the People's Bank of China, the China Banking Regulatory Commission, and the Jinghai Municipal Government, respectively.

We fully acknowledge Jinghai Bank's beneficial attempts in applying digital technology to the banking sector over the past two years, with its blockchain-based payment system being a prime example. Moving forward, we hope that Jinghai Bank's leadership will remain humble and prudent, steadily advancing the digital transformation of financial institutions within its jurisdiction, deepening the application of financial technology, and contributing to the high-quality development of digital finance and the empowerment of financial technology in new rural construction.
Mayor Zhang mainly welcomed everyone to Jinghai as the host, and introduced the development of high-tech industries in Jinghai, especially Nanxin County, such as new energy vehicles and drone manufacturing, expressing his hope to deepen cooperation between banks and enterprises.
The meeting was met with enthusiastic applause.

Following this, Chen Danlu, Vice President of Jinghai Bank, and Lin Tao, CTO of Zhiyun Technology, gave a detailed introduction to the application of the SCP payment system from two perspectives: scenario application and technology research and development, highlighting its speed, security, and convenience.
"According to our tests, the SCP payment system processes accounting data 30%-50% faster than the traditional payment systems we use now, and has unparalleled security because it is based on blockchain technology."
"At the same time, we will build a 'payment + scenario + finance' ecosystem to provide integrated and convenient services for diverse life scenarios such as farmers' markets, convenience stores, and restaurants that are related to people's livelihoods."
They also answered questions from the representatives who were visiting the street.

The afternoon was mainly for on-site observation. The delegates were divided into four groups, each led by one of the four presidents of Jinghai Bank, and visited the bank's accounting center, the counters in the downstairs business hall, and a live demonstration of scanning QR codes with a mobile phone.

Fang Qingye's group was introduced to the attendees by a female employee named Yu Na from the Pudong branch.

"Distinguished leaders, our Jinghai SCP payment system utilizes the most advanced aggregated network payment and aggregated acquiring technologies."

"The so-called integrated network payment refers to integrating WeChat, Alipay, and gateway payment into one platform to serve e-commerce platforms. Aggregated payment collection combines different payment methods into a single QR code or terminal barcode scanner to serve physical store merchants. In other words, using this payment system, merchants no longer need to display several QR codes such as Alipay and WeChat on their counters, and can achieve universal use with a single code, greatly reducing the burden on merchants and the payment system."

As she spoke, Yu Na picked up the terminal barcode scanner, opened her WeChat or Alipay app on her phone, and scanned the codes. Sure enough, all of them were recognized.

"Distinguished leaders, let me add something," Fang Qingye said at this moment. "The SCP 1.0 version currently running at Jinghai Bank is specifically designed for the daily operations of small and medium-sized banks like Jinghai Bank."

"For major banks like China Construction Bank and China Eastern Bank, their daily processing volume, transaction volume, payment types, and structures are more complex. The T-SCP payment system that Zhiyun Technology is developing has a larger database and a more efficient operating mode. It is specifically designed for large banks and will be launched in its commercial version at the end of this year and the beginning of next year."

After Fang Qingye finished speaking, the visiting representatives began to whisper among themselves.

This Zhiyun Technology is really ambitious; it wants to unify the domestic bank payment system!
In fact, Fang Qingye didn't have such an appetite. He would be satisfied if half of the more than 4000 banks in China used the SCP1 or T-SCP system.

Of course, there is also the vast overseas market. Zhiyun Technology is accelerating the launch of the English version of the SCP system.

Among the group led by Fang Qing were people he already knew, such as President Yuan of Jiangsu Provincial Bank, who brought his bank's settlement center director to the meeting this time.

Yu Na continued to lead the group on a tour, explaining as she went. Bank Manager Yuan leaned close to Fang Qingye and whispered, "Hey, Bank Manager Fang, how much is this SCP system worth?"

"It's modular. The most basic module seems to cost 100 million yuan, and all the modules are worth 200-300 million yuan. Of course, there are additional service fees such as upgrades and maintenance, but I don't know the specifics. You'll have to ask the relevant personnel at Zhiyun Technology," Fang Qingye said.

"You are the actual controller of Zhiyun Technology. We are friends, can you give me a discount?" President Yuan began to build rapport.

Fang Qingye chuckled: "How about this, President Yuan, you send someone to contact Zhiyun Technology to negotiate. As for the price, well, based on our relationship, I'll inform the senior management of Zhiyun Technology, and they'll definitely give you a discount!" "Okay, I'll arrange for someone to go to Shanghai to talk to Zhiyun Technology after I get back."

"Ok."

As President Yuan was speaking, he suddenly sighed.

"President Fang, your company, Zhiyun Technology, is truly amazing. It has developed such a system that not only solves the internal payment system of banks, but more importantly, it creates a 'payment + scenario + finance' ecosystem, providing integrated and convenient services for diverse life scenarios such as farmers' markets, convenience stores, supermarkets, and restaurants that are related to people's livelihoods. Just look at how many farmers' markets, convenience stores, and restaurants there are across the country! The potential for profit is enormous."

"The key technical personnel have done a great job," Fang Qingye said modestly.

"It must have cost a lot of money to develop this system, right?" President Yuan asked curiously.

"Yes, to be honest, we've invested five or six hundred million yuan in the past few years," Fang Qingye said with emotion.

"Five or six hundred million? Haha, President Fang, you're really rich! But the reward is finally here."

"Yes, there's a result."

Fang Qingye said this aloud, but secretly laughed to herself.

Five or six hundred million for chili peppers!

The purchase of Zhiyun Technology cost 30 million yuan, with two additional investments made: the first was 30 million yuan, and another 50 million yuan was added last year, bringing the total investment to just over 100 million yuan.

I never expected it to turn into such a huge undertaking!
Furthermore, this conference will serve as free advertising, so let's take advantage of this momentum and promote our products quickly.
The meeting concluded successfully after a day's work. In the evening, Secretary Lu and County Head Wang hosted a banquet on behalf of the Nanxin County Party Committee and County Government to welcome the delegates. The delegates left Nanxin one after another the next morning.

Fang Qingye drank quite a bit last night.

Of course, he thought it was a lot, but it was actually only about 3 liang (150 grams). In the end, he couldn't hold on any longer, so he secretly slipped out of the banquet hall and called Yue Kai to take him back to the nursery.

I was still fast asleep when I was suddenly woken up by my phone ringing. Half-asleep, I saw that it was Director Luo calling, so I quickly answered.

"President Fang, President Pan and Chairman Cao would like to come and visit your nursery. Are you at the bank now?"

What the hell!

Leaders from the People's Bank of China and the China Banking Regulatory Commission are coming?!

Fang Qingye's sleepiness vanished instantly, and she quickly said, "Welcome, welcome, I'm right here at the nursery."

"Okay, we'll be there in ten minutes."

(End of this chapter)