An Empirical Study On The Efficiency Of The Payment System Of The People's Bank Of China

Pay liquidation in the state system in the development of economy and society,has played a decisive role in basic use,various financial transactions can be carried out smoothly.Under these circumstances,the modern payment and settlement system based on the development of China's market economy has emerged as the times require,it is developed by the people's Bank of China construction and operation maintenance and management,an important core support system to ensure the stable development of the national economy and give full play to its financial services function,meet the increasing demand for payment and settlement of the public.A matter of China's payment system economic efficiency,because all the commercial activities of the end result can be attributed to the monetary settlement,especially in the development of Internet and communication technology change rapidly today,online payment and other new payment methods in reducing the transaction costs at the same time,and constantly challenge the efficiency of the settlement funds,how to provide accurate and efficient and fast payment platform security for the banking financial institutions and financial markets,and effectively improve the efficiency of resource allocation,promote economic and social development,is the current priority among priorities.This article from the payment and settlement system optimization transformation process and theoretical analyses,the people's Bank of China service payment system is studied,the payment and settlement system service efficiency as the starting point to explore and carry out empirical analysis,and put forward in the payment and settlement system of actual service node problems need attention in the process and improve path clearing system the efficiency of the payment service.