Some people say that there is only a future for free on the Internet, but Alipay...

Some people say that there is only a future for free on the Internet, but Alipay is doing the opposite. Starting from 2013, PC-side payment and settlement fees will be charged, and from now on, channel service fees will be charged to the IMF. What do you think of this phenomenon? Please think about the sustainable profitability of Internet finance.

Expert Solution

it is often advocated that internet should be free for all the internet users because it is a resource which is not generated by the company and it should be free for the use of various internet users.

I think of this phenomena not being sustainable in the long run because these companies are also exposed to various types of cost related to management due to internet and they are also enforced to recover those cost from the consumer so businesses are generally operating as a vehicle of profit making and I think that in the long run, internet is highly likely to be free because it is a resource which is not produced by humans and it must not be chargeable.

There is a sustainability of the internet finance in the long run because services like crowd funding and peer-to-peer financing are helping up with the small businesses and startups in order to gain traction on the upside and help them to expand and grow in the initial phases of their business so more and more companies are opting for internet financing and it has got a bright future.

jeff jeffy answered 1 year ago

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