NEW PAYMENTS PROVIDERS ENTERING CHINA'SMOBILE MARKET

抖音pay上线！新移动支付你会用吗?

 NEWS ON 1/28

Welcome to Money Talks, I’m Timothy Pope.
欢迎收听今天的《财道》，我是TimothyPope/ICS财经主播。

The short video app Douyin has just entered China's massive digital payments market【数字支付市场】 witha new mobile service, looking to tap into the sector which is already dominated by【由……占主导地位】 giants Alipayand WeChat Pay. Zhang Shixuan finds out how new players are hoping to corner ashare of the business for themselves.
短视频app抖音带着自己全新的移动支付服务，入局中国庞大的数字支付市场，希望进入已经被支付宝和微信支付两大巨头所主导的领域。移动支付行业的“新人”如何让自己在市场中占有一席之地？ICS记者张诗璇带来报道。
 
Douyin's new payment service allows users to link cards from 10 banks totip livestreaming【网络直播】 hosts,purchase paid content, and also buy stuff from the app's e-commerce offers.Douyin previously used only WeChat Pay and Alipay, but now its payments areprocessed by Ulpay(Union Life Pay), a Hubei-based firm that Douyin'sowner Bytedance【字节跳动】 reportedlyapplied to buy in 2018. Now that Douyin can boast 600 million daily activeusers, experts say the timing was right to launch its own payment servicebecause it will help cement【巩固】 theloyalty of its user base.
新的抖音支付服务目前支持十家银行卡的绑定，用户可以通过抖音支付给直播的主播打赏、购买付费内容，还可以在抖音电商中购买商品。抖音此前只使用微信支付和支付宝，但现在其支付可由总部位于湖北的武汉合众易宝科技有限公司提供服务。据报道，抖音母公司字节跳动于2018年申请收购该公司。如今，抖音拥有6亿的日活跃用户，专家表示，这正是推出自己的支付服务的绝佳时机，因为这将有助于巩固其用户基础的忠诚度。
 
According to a report by Hua Chuang Securities, China's mobile payment marketwas expected to have surpassed【超越】 600trillion yuan in 2020 and will continue to enjoy high-speed growth. And Douyinis far from the only company trying to move into digital payments. Bilibili hasjust registered its own payment domainname【域名】. Pinduoduo has justacquired its payment trademark【商标】, andin-app payments are already available for Meituan and Didi. All the newentrants could be well positioned to take advantage of the government's crackdown【打击】 on monopoly【垄断】 practicesin the country's internet finance sector.
根据华创证券的一份报告，截止至2020年，中国移动支付市场规模预计超过600万亿元，并将继续高速增长。抖音并不是唯一一家试图进入数字支付领域的公司。哔哩哔哩刚刚完成了自己的支付域名备案。拼多多刚刚注册了其支付商标。美团和滴滴已经在app内上线自己的数字钱包。中国政府对互联网金融领域垄断行为的打击，或许是新入场的移动支付企业的绝佳契机。

#热词加油站
digital payments market 数字支付市场
dominate /ˈdɑːmɪneɪt/  v. 控制；支配；在…中占主要地位
livestream /ˈlaɪvstriːm/ v. 网络直播
cement /sɪˈment/ v. 巩固
domain name 域名
trademark /ˈtreɪdmɑːrk/ n. 商标
monopoly /məˈnɑːpəli/ n. 垄断；垄断者；专卖权

#关于cement的冷知识
“cement”作为名词，表示“水泥”，例如：
cement concrete 水泥混凝土
cement paste 水泥浆
cement floor 水泥地面
“cement”作为动词，可以表示“把…粘合”，常常被引申为表示“巩固、加强”。
例：共同的目标可以让一个群体更团结。
Collective goals can help cement solidarity.
和同义词“consolidate”、“enhance”、“make sth. stronger”相比，cement更富有画面感~

cement后常接表示“关系”的名词，比如: 

relationship, bond, friendship, tie, connection等等。

cement的这种用法也是《经济学人》中的常客哦~ 你学会了吗？