The Status Of Third-party Online Payment Development

As the new commerce trade way, electronic commerce provides the tremendous information, express processing and low value cost for the customers globally. Recently, Electronic commerce has been developed very quickly. In 2007, the market share got the double increase and reaches 73.6 billion RMB. It was estimated the market would go on increasing in few years, and could go above 300 billion RMB in 2010.Such enormous market causes the quick development of the third party payment corporations. Most of people focus on the third party payment on line. But the third party payment is facing the pressure of market competing and financial policy behind the beautiful appearance. The same Pattern of operation, uncertain policy and financial restriction make the third party payment corporations unknow where they will go.Until now, in China, there are more than 50 third party corporations on line, the leaders in the market, example, Alipay, 99bill and PayPal have created the new products and absorbed most of users in the market. However, we could find out the market was limited in C2C yield, and B2C market need to be explored in the blank space. More and more people know about the third party payment with the developing of internet and the changing of consume habit. We could estimate the users will reach 503.5 millions. In another side, the traditional industry begins to step in this market so that we could tell the future of the third party payment will better and better.