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internet giants “tear down walls”: a new chapter in the payment field


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for a long time, each of the major technology giants has formed a closed system, which has hindered user experience and development. however, as consumer demand upgrades, cooperation and interconnection between giants have become a must.

the full opening of wechat pay means that the payment field will usher in new changestaobao's cross-platform payment action not only promoted the revolution of e-commerce payment, but also reflected the importance that internet giants attach to user experience and development direction.

this can't help but remind people of the revelation of "tearing down the wall": for other companies, open cooperation is not a simple choice, it represents a deeper meaning and embodies a positive and enterprising spirit. through interconnection, companies can give full play to their respective advantages, expand user groups, and enhance market competitiveness, which is the key to promoting industry development and progress.

from a long-term perspective, the development direction of the internet industry must be open cooperationthe practice of interconnection and interoperability can not only optimize resource allocation, but also create a more inclusive and innovative environment, bringing new vitality to the entire internet ecosystem. i believe that with the continuous advancement of ali and tencent in payment interconnection and interoperability, there will be more surprises and achievements in the future, which will drive the entire industry towards a better development direction.