The Analysis Of Trend And Risk Of The Third-party Payment Platform

With the reform of Chinese financial sector in recent years, the domestic financial industry innovation is endless. In 2013 a new financial product Yu EBao was born, to cooperate with TianHong fund, with a high rate of return and convenient user experience quickly open the market in the domestic financial market. TianHong fund quickly become the largest money fund.Although the Internet finance expanded very quickly depended on the technological advantages and great user experience, it also reflects that under the traditional financial service system, the small company and majorty person can not be served. Although traditional financial companies are shocked by the Internet finance, the Internet finance can not completely replace the traditional financial companies. In fact, the reson why the Internet finance can develop quickly are supported by the development of third-party payment, the third-party payment is the basis for the development of Internet finance.This article first describes the basic concepts of the third-party payment platform, classification, profit model and development process; after knowing the basic conceptin of the payment platform, this paper try to analyzes the development logic of the third-party payment industry and forecast the development trend of third-party payment industry; finally, this essay introduce the risk the payments industry faces and will face such as: default risk, market risk, liquidity risk, and technical risk. Although third-party payment industry is still in the development stage, but with the third-party payment platform developing, the third-party payment platform will affects the traditional commercial banks.