how would you define the success of didi's in-app payment system?

Introduction

Defining the success of DiDi's in-app payment system requires a comprehensive approach that considers multiple stakeholders and metrics. To address this product success metrics challenge effectively, I'll follow a structured framework covering core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Step 1

Product Context

DiDi's in-app payment system is a crucial feature within the DiDi ride-hailing app, enabling users to pay for their rides seamlessly. Key stakeholders include riders (ease of payment), drivers (timely compensation), DiDi (revenue collection and financial control), and payment partners (transaction fees).

The user flow typically involves:

1. Ride completion
2. Fare calculation
3. Payment method selection
4. Transaction processing
5. Receipt generation

This system is integral to DiDi's broader strategy of creating a frictionless transportation experience and building a comprehensive mobility platform. Compared to competitors like Uber, DiDi's payment system aims to offer more localized options, particularly in the Chinese market.

In terms of product lifecycle, the in-app payment system is in the growth/maturity stage, focusing on optimization and expansion of payment options.