Govworks, which is for people to pay online, also has great development prospects.

There is actually no money to make in payment itself, because this payment is different from Yu'ebao's P2P financial management, and the deposit for ofo shared bicycles is also different. The money only flows to the US government through the govworks channel. The retention period of funds is usually not too long, and there is basically no room for misappropriation of investment.

Just like using Alipay to charge your phone bill, it almost takes a second. Alipay has no chance to use this money to make money.

Although payment itself is not profitable, the govworks website has a very good user base and can bring a lot of traffic to Tianxia Technology.

Because the United States is a country on wheels, the number of cars per capita in the world is among the best in the world. There are many cars, and there are naturally many accidents. Every year, a large number of American citizens need to go to the government to pay fines, etc.

However, the work efficiency of the US government is hard to describe. Usually, long queues are required to complete the payment of fines and other matters, so it takes a lot of time.

If you can pay online through the website, it will save you much more worry, time and effort, and there will definitely be many netizens participating. In this way, govworks has many customers.

Xia Tian was worried about not having enough customers in virtual wallets. If govworks customers were imported into Tianxia Technology's virtual wallet, then Tianxia Technology's virtual wallet would suddenly have millions of users. The number of users immediately doubled.

With the popularity of the Internet, more and more people will choose more trouble-free and convenient Internet payments, which makes the govworks website have a broader future prospect and can bring more traffic, more customers and more funds to the virtual wallet of Tianxia Technology.

When the fund pool reaches a certain scale, as long as the funds can stay for one day, they can obtain a lot of wealth in the summer. They can use this money to lend and invest, and even if they only deposit in the bank, they can earn a lot of interest.

This is also why many domestic virtual wallet companies spend a lot of money to advertise in order to compete for customers.

For example, in order to attract customers, Alipay invested 500 million cash red envelopes during the Spring Festival. It can be said to be a big promotion. Weixin also cooperated with TV stations and shook them every half an hour, and the advertising fee was also spent on a long and young person.

Virtual wallets have a certain inertia of use. When people get used to using a payment method, it will be very difficult to change them.

For example, although there are many virtual wallets in China now, such as Alipay, Tenpay, Yifulipay, NetEase Bao, Du Xiaoman, etc., the big one is basically the one that Alipay and WeChat are seized.

The reason is that people’s trust in virtual wallets is actually difficult to establish. Alipay, like Taobao, has won the trust of customers through years of accumulation. Weixin has gradually won the trust of customers through small payments such as red envelopes.

When people have established their trust in a certain virtual wallet, they have no motivation to choose other virtual wallets. After all, it is time-consuming to rebuild trust. With such a fast pace of life and such a high working pressure, no user will be so self-abuse.

Even though Apple has so many Apple fans to support it, the market share of Applepay it launched is still not good.

What's more, once a certain virtual wallet gains market advantages, it will also consolidate the market through various methods. For example, Walmart recently announced that its supermarkets are only allowed to use Weixin Payment, and not allowed to use Alipay payment. Taobao, Tmall, Hema Xiansheng, etc. under Alibaba, can only use Alipay payment, but not allowed to use Weixin Payment.

By setting barriers for competitors, these virtual wallets can guarantee their own market share and effectively curb their competitors' expansion.

There is another saying in the business world: the eldest and second fights and kills the third. Therefore, once you have the first-mover advantage and seize the market, as long as you don’t make any moves and have an opportunity to take advantage of it, then the virtual wallet can basically take the lead.

Therefore, govworks, an online payment website, has a very willingness to acquire it in summer and is even willing to spend more money on it.

After all, govworks now has the interface to the U.S. government department and has already started business in many states. Buying it will save a lot of energy.

If Xia Tian wants to start a new job, it will also need to discuss it from one residence and one residence. Even if he has the support of his friends such as Bill Clinton and Xiao Bushi, it will not be easy.

...

In addition, it is a broadcast website that provides internet radio services to netizens.

broadcastast was founded in 1995 and mainly broadcasts sports events.

The United States is a major sports country. People like sports activities very much, including basketball, rugby, hockey, and ice hockey. It is the most professional in the world. In addition, boxing, wrestling, golf, tennis, etc., there are also many audiences.

However, because the commercialization of American sports is very high, the live copyright fee for almost any heavyweight competition is very amazing. Every year, major TV stations spend billions of dollars to purchase the live broadcast rights of these competitions, and they are usually broadcast on paid cable stations, which is very expensive.

For example, the subscription fee for espn is as high as 84 US dollars a year, which doesn’t sound like a lot, but considering that Americans are not actually rich, 84 US dollars is still relatively expensive for some people, so it would be great if you can hear free live broadcasts of sports events online.

Therefore, after the broadcast website was established, it immediately attracted a lot of listeners.

In summer, broadcast is just a live sports event, and the content is a bit monotonous. If music broadcast can be added, it will be even more perfect.

Like in previous lives, many online radio stations mainly played music, such as the well-known spotify (Sound Positive), Himalaya FM, Douban FM, etc.

In the United States, music copyright protection is relatively strict. Whether online or in real life, as long as you listen to music, you basically have to pay.

However, listening to music on radio stations is free, even online radio stations like broadcasting are also free to users. This can attract many users to visit. When the number of users increases, add a little advertisement, so that you can basically make a profit.

If the covers uploaded by the user or the radio program that he or she is an anchor, then the content of broadcast will be greatly enriched. Then the rewards, subscriptions and other services will be launched in a timely manner, and the profit problems of broadcast websites will be solved.
Chapter completed!