Beijing time May 8th morning news, Microsoft Pay was a payment tool that Microsoft first launched in 2016, then called Microsoft Wallet, similar to Android Pay and Apple Pay, which is now becoming more practical.
Microsoft announced that it will integrate Microsoft Pay into Outlook. Specifically, when the company gives you an email containing an invoice, if you use Outlook to read it, you can pay directly without leaving the Outlook, and you don't need to open a other application or use other services. Instead, it is a panel that pops up on the right side of the main page and provides services to users through Microsoft's Adaptive Cards.
With the launch of this new feature, Microsoft also announced that it would first be pushed to a small group of Outlook users in the next few weeks for trial, and then more extensive user promotion in the next few months.
Microsoft also mentioned that Stripe, a technology company associated with payment services, provides the technology needed to receive payments online. Stripe Connect Technologies and Braintree, a payment technology company, to avoid credit card fraud techniques and banking infrastructure, etc.
This is a huge change for Microsoft to integrate Microsoft Pay into Outlook: it tries to reduce the inconvenience between the use of Adaptive Cards services and the services provided by third party friends in other home products. The company can actually cover many fields with its excellent computer technology, providing unlimited possibilities for the needs of ordinary users in front of computer screens or mobile applications. As a result, it is building (and actively urging developers) more bridges to allow more users to use a variety of Microsoft services, not other home services.
The payment feature in Outlook is a typical example: Microsoft is neither a billing service provider nor a billing agent, so when the user is engaged in payment activities, These services are done by Microsoft's partners, who are responsible for providing convenience to users and making Outlook itself more user sticky and more useful. Ultimately, it will help lock users closer to Microsoft's ecosystem
For enterprises, the advantage is that they may be paid faster, making it easier for their users to pay for the process.
Stripe also announced that it now supports Microsoft Pay so that enterprises that use Stripe services in other applications can now provide this option to users with Microsoft Pay to avoid their multiple entry into bank card information. Stripe has provided support for Apple Pay, Android Pay and Alipay etc..