W33 - Planning Before the End of Q3

With just over a month left in Q3, I’ll briefly outline what B2B payments need to focus on next. After earlier work building payment capabilities, the B-side has now gained core payment methods like quick pay and B-specific methods such as loan-backed payments. These efforts are aimed at providing users with a more convenient and faster payment experience.

By the end of Q3, the primary direction for B2B payments is to optimize the experience and metrics of existing capabilities.On the requirements side, the first step is to reduce card-binding losses for contract-based payments by linking merchants’ withdrawal cards or users’ cards already bound on the C-side, thereby lowering the cost of binding new cards. The second step is to use marketing activities to encourage users to adopt quick pay.

The main educational cost for getting users to adopt quick pay lies in guiding them to bind their first quick card, so optimizing contract-based payments should be the highest priority for now.

On the front end, because the contract-based payments project is part of the merchants’ large platform project, we previously did not pay sufficient attention to quality monitoring for this project, and multi-project bundling introduced performance issues. During early development there were also many C-side card-binding logic gaps. Therefore, the first front-end task is to simplify the contract-based payment code and align monitoring granularity with the checkout homepage. The second task is to shift focus to the performance of the checkout homepage and contract-based payments: first identify and quantify the metrics we need to improve, then devise strategies to address them one by one.