Analysis Of The Impact Of Third Party Payment Platform On Commercial Bank's Intermediate Business

With the development of the times and the continuous improvement of the level of science and technology,the world-wide electronic industry has developed rapidly.In the same period,the Internet has begun to enter millions of households and it has gradually become popular.E-commerce has also begun to penetrate people's daily lives.E-commerce,as a brand-new operation mode in the era of network economy,has enabled people to experience the convenience and fun of leaving home and shopping online.Third-party payment accompanies the rise of e-commerce in China.Due to the development of e-commerce,people's payment methods have changed,and third-party payment for e-commerce has developed rapidly and maturely,gradually occupying a considerable scale of payment market,and showing a steady upward trend.Either from an intermediary business perspective,from the perspective of financial disintermediation,or from the perspective of interest rate liberalization,it is affected by the development of third-party payments.This phenomenon is undoubtedly a blow to traditional commercial banks.It also has new opportunities,which are mainly reflected in the bank's the perspective of financial disintermediation,or from the perspective of interest rate liberalization,explores the impact of third-party payment on them and puts forward policy recommendations.First of all,this article elaborates and analyses the connotation,characteristics,and development status of the third-party payment and commercial bank intermediary business;through the annual reports published by major banks,the statistical data provided by relevant consulting companies,and the data provided by Guotai'an Database and Wonder Database.Data and information provide a comprehensive discussion of the development process,status quo,and future of third-party payment and commercial banking intermediary business.Secondly,it studies the advantages and disadvantages of tripartite institutions and banks in Carrying out various types of businesses,and conducts comparisons,analyses,and discussions.It analyzes the various challenges and opportunities that commercial banks currently face.Finally,panel analysis was used to include third-party internet and mobile payments in the analysis scope.The results of the study show that both provide a positive and proactive guidance for the continuous development of commercial banks,and commercial banks are constantly innovating in this process to adapt to the new payment model.Through qualitative and quantitative analysis,the Bank put forward certain development proposals for banks.First,it needs to expand and develop around the products,vigorously promote and promote the intermediate business products,and continuously develop and expand the products in the value chain.Second,we will rationalize pricing,and increase efforts to control risks.Third,the construction of scene payment is Carried out to improve the service quality.Fourth,continuous improvement and improvement in the hardware and technology facilities will increase the security of payments.