Research On The Market Of Bank Card Acquiring Market Based On The Open Domestic Clearing Market

Credit card spending has gradually become our payment habits, generally recognized by the residents of non-cash payments related to bank card to collect the single market is becoming more and more important in the position in the whole bank card industry, it can be said that the development of modern banking card industry is largely dependent on the improvement and expansion of the single market. However, with the continuous expansion of the domestic market as a whole and the continuous extension of the single business coverage, all kinds of problems also follow, especially after the domestic clearing market open, facing the international strong competitors and increasingly complex business environment, the domestic market exposed more shortcomings and disadvantages, some even endanger the health of the whole bank card network. Therefore, it is necessary to study the domestic market under the open pattern. On the one hand, it will help the public to form a scientific understanding of the market. On the other hand, it will help to provide a theoretical reference for the regulatory authorities on how to adapt to the new situation.In this paper, we combine the bilateral market theory, industry barrier theory, network externality theory, and differential strategy theory, based on the current situation of the single market and the open pattern of clearing market. Using theoretical analysis, normative analysis, comparative analysis and other research methods, the development trend of the single market in the open market, the impact factors and coping strategies were analyzed.This article mainly has the following several points of view:1. domestic clearing market liberalization is a foregone conclusion, opening up the trend is irreversible, clearing market opening to the domestic market will have a favorable impact:the single market environment will be further optimized; Single market in the development of the bank card industry in the proportion will further enhance the industry’s development more balanced; The single market in the development of the bank card industry will further enhance the proportion of the industry development is more balanced;The development trend of multi subject cooperation and competition in the single market is becoming more and more obvious; the supervision mode will be more diversified2. international card organizations to enter the domestic market is still difficult, China UnionPay will continue to maintain its monopoly position in the short term. International card organizations want to break the barriers to the formation of long-term monopoly in the domestic market, in the domestic market, it is necessary to adjust their payment standards, to achieve the relevant conditions of access, change the business strategy layout, and these are not a short time to complete.3. in recent years, the domestic market is developingrapidly, the overall scale of the admissibility of the environment has improved, but the regional development is not balanced, compliance foundation is weak, risk control and profitability is still a problem,on one hand we should start from single business itself, innovative payment methods and value-added services, improve the single market penetration, On the other hand, we should improve the construction of the market system, establish a reasonable interest distribution mechanism, perfect the supervision system, improve the risk control and profitability.