212: Section 212

“To launch Huabei, the credit score system of Weixin Wallet is essential. Without this system, the delinquency rate for Huabei would likely be quite high.”

“And this kind of system…”

“Requires a large amount of consumption data and a long period of user engagement to evaluate.”

Ma Liuyun paused.

“But now…”

“We have nothing.”

Ma Liuyun’s expression was also a bit grim.

He clearly understood the impact Huabei would bring, but they truly had no immediate solution.

“QQ first needs to roll out offline payment codes, then cultivate the habit of users consuming with QQ. Once a large number of users start using QQ Pay, we still need to track these users for a period of time to determine their spending and repayment capabilities. Only then will we have the conditions to launch Huabei.”

“And this entire process…”

“We haven't even started the first step.”

“To truly complete this entire process…”

“For QQ…”

Ma Liuyun couldn't help but sigh.

“It will take at least half a year.”

As Ma Liuyun’s voice sounded, everyone in the room fell silent.

This time…

Although they had already launched QQ Pay, they were still far, far behind WeChat.

At this moment, Ma Liuyun’s voice rang out again.

“And 5.9…”

“Just now, Ma Liuyun still had the most crucial reason he didn’t mention.”

“That is, it’s not yet certain whether something like Huabei will succeed. Do we have the courage and perseverance of Wang Mo to bet on user credit and trustworthiness?”

Ma Liuyun looked at the others in the conference room.

“If you had the power to decide whether QQ launches Huabei right now, would you have the courage to make that decision?”

Listening to Ma Liuyun’s words, everyone shook their heads.

Because they all knew that if the Huabei system collapsed, even QQ would not be able to bear the consequences.

They truly didn't dare to gamble.

This was the primary reason for Ma Liuyun’s hesitation.

And at this moment…

Ma Liuyun’s voice rang out again.

“Although Ma Liuyun has better inherent conditions than us, if he wants to launch Huabei, he could probably do it within half a month.”

“However…”

“He probably wouldn’t dare to do it immediately.”

Chapter 144: A Challenge to Human Nature, Ma Liuyun’s Confidence!

“For a feature that could potentially impact the foundation of Blue Wallet…”

“He is much more cautious than I am.”

Ma Liuyun’s voice continued slowly in the conference room.

And listening to his words, everyone’s expressions grew even more grim.

Because Ma Liuyun’s words just now only indicated one thing.

Regarding the Huabei feature launched by Weixin Wallet…

They currently had no counter-measures whatsoever, and not only them, but Blue Wallet would also not copy this feature in the short term.

As if sensing the low atmosphere among everyone…

Ma Liuyun took a deep breath and spoke again.

“But there’s no need for you to worry so much.”

“If Huabei truly succeeds, it will indeed have a huge impact on QQ.”

“But the key is…”

“It’s not certain if this feature can be sustained.”

“The credit of internet users is not as high as WeChat imagines.”

“The delinquency rate of Huabei will be extremely high, so high that WeChat cannot bear it.”

Listening to Ma Liuyun’s words…

Only then did everyone react somewhat.

Right.

What were they worrying about now?

WeChat itself was walking a tightrope; they didn't necessarily have to do anything to intervene. WeChat might just fall off the cliff and be shattered to pieces on its own.

“Huabei has just launched, and many people’s credit limits are not high.”

“But after a period of time, as the usage rate of Weixin Wallet increases, the average Huabei limit for most people should be two to three thousand.”

“Even if tens of millions of people activate Huabei, calculated at an average limit of two to three thousand per person, this number exceeds one hundred billion. If twenty percent of people borrow and don't repay, this number also exceeds twenty billion.”

“And once people discover that there are no consequences for not repaying, this loophole will widen, and more and more people will default.”

“In the long run, WeChat’s Huabei feature truly cannot be sustained.”

Ma Liuyun’s voice also sounded.

Listening to his words, the others also nodded and breathed a sigh of relief.

Although QQ currently had no way to intervene with WeChat’s Huabei feature, the key was whether Huabei itself could survive.

WeChat might incur huge losses because of this feature.

So, the ones who should be worried now shouldn't be them, but WeChat.

WeChat was betting that user credit was sufficient to support the operation of this feature, and they could only hope that the trustworthiness of WeChat users was not that high.

“Let’s wait a month and see.”

“These past two days should be a critical period for a large number of users to activate WeChat Huabei.”

“Among them, there will definitely be some cunning individuals who will try to defraud Huabei and then not repay. If WeChat doesn’t respond well, things won’t go so smoothly later.”

“One month later is the repayment time for the first batch of Huabei users.”

“By then, we will truly know the potential of this feature.”

“Challenging internet software like us isn’t enough; they even want to challenge a type of banking business. It’s not that simple.”

Ma Liuyun also slowly sat back in his chair.

Seeing this…

The tense atmosphere in the conference room also lessened considerably.

“However…”

Ma Liuyun slowly spoke again.

“I also don’t know what Wang Mo is thinking.”

“To actually come up with a feature like Huabei that allows users to consume in advance.”

“As long as a user uses Huabei, then no matter what payment software that person used before, their long-term payment method will likely become Weixin Wallet.”

As soon as Ma Liuyun finished speaking, Li Wenqiu’s voice rang out from the side.

“This kind of feature is somewhat similar to the content of a certain episode of Doraemon. In that episode, the machine allowed the protagonist to use his future assets.”

Listening to Li Wenqiu’s words, many people in the room laughed.

“Are you saying Wang Mo’s idea for Huabei came from an anime?”

“Although the functions of the two are indeed somewhat similar, Wang Mo wouldn't possibly draw inspiration from an anime.”

Ma Liuyun laughed.

But as soon as he finished speaking, his expression froze for a moment.

Because he suddenly realized that the other party was Wang Mo; nothing was impossible for him.

However…