check]Virtual Silver vs. HSBC-Chi Fengsheng｜ Apple Daily

Virtual Bank has been fighting HSBC for eDDA (electronic debit direct authorization) for some time. If you hadn’t looked up the ins and outs, I almost missed a joke.

HSBC refuses to reduce the eDDA fee (2% of the transfer amount) to the virtual bank. The virtual bank’s contribution to the media is to spin HSBC’s unreduced prices, including increasing the virtual bank’s operating costs, detrimental to the customer experience, and hindering the popularization of Hong Kong’s financial development , The worst-case scenario is that the virtual bank can only kick HSBC away, the customer does not use eDDA, and even the cost is passed on to the customer Yunyun.

The above-mentioned bunch of buzzwords is nothing more than to establish an antagonistic relationship: tradition versus innovation, and high walls versus eggs. The eDDA for virtual silver to be discounted is simply to allow virtual silver customers to set up automatic transfers and transfer from their HSBC account to the virtual bank account at regular intervals. eDDA is not as important as Xu Yin said about life or death. Deposits are bread and butter of the bank. Virtual silver attracts deposits with high interest rates. HSBC also delays 2% fees and increases the cost of counterparties. It is also a civilized business method. Some virtual silver told the media that if there are 300,000 users, and each person transfers 10,000 yuan, HSBC will charge 60 million yuan! But he didn’t mention a word about his stealing of HSBC’s 3 billion deposits, so clichéd!

Looking around, Xu Yin has more demand for eDDA than HSBC. They suggested that HSBC refused to reduce the price, which is the good result HSBC would like to see! What kind of negotiation is this actually? If virtual silver is not stupid, it is reasonable to suspect that they are “intimidating” the HKMA more than HSBC.

It is temporarily observed that the Hong Kong Monetary Authority did not accompany the virtual silver seizures, but handed over to the Yin Gong for processing. Finally, HSBC introduced a tiered fee ranging from 0 to 2%, but the virtual bank did not accept the goods and continued to spin. The war is still going on, I don’t know how long the HKMA has avoided. Looking back at the time when the HKMA wanted to use virtual silver to urge the progress of traditional banks, but in the end it concocted the “sickness” of virtual silver. It would be funny to laugh.

Chi Fengsheng