Loans may be high-volume purchases, but they're not high-frequency transactions.
The top categories of Alipay's mini apps, unsurprisingly, are services that see high-frequency transactions like retail, paying for utility bills and travel booking.
A.J. Hanson, J.A. Belk, S. Lim, C.R. Sullivan, and D.J. Perreault, "Measurements and Performance Factor Comparisons of Magnetic Materials at High Frequency," IEEE Transactions on Power Electronics, Vol. 31, No. 11, pp. 7909-7925, November 2016.
S. Lim, D.M. Otten and D.J. Perreault, "AC-DC Power Factor Correction Architecture Suitable for High Frequency Operation," IEEE Transactions on Power Electronics, Vol. 31, No. 4, pp. 2937-2949, April 2016.
The highest frequency of transactions is between 15 30 and 18 30.
The choice of the method of coercion is, however, critical because the use of the eminent domain power does not work well when applied to a high frequency of low level transactions that are difficult to price and monitor.
J. Burkhart, R. Korsunsky, and D.J. Perreault, "Design Methodology for a Very High Frequency Resonant Boost Converter," IEEE Transactions on Power Electronics, Vol. 28, No. 4, pp. 1929-1937, April 2013.
One tool the government could use to address concerns about high frequency trading is a financial transactions tax.
The notion of a replacement cycle, which I'll borrow from Michael Mauboussin, is an important consideration here, particularly in a high volume, low frequency transaction relationship such as consumer lending.
Goel confirmed that Ola is looking to extend the scope of Ola Money, which it claims has over 20 million registered users, to "other services with lots of transactions on a high frequency basis".
