Research On The Cmpetition And Relationship Between The Third Party Payments And Commercial Banks

The e-commerce has played a major role in promoting economic development.In the process of e-commerce development,due to the existence of credit issues of online transaction,the development of e-commerce was affected.This problem has not been solved until the emergence of third-party payments.The third-party payment was established to promote the development of e-commerce at the beginning,and it had developed good cooperation with commercial banks.However,with the rapid development of the third-party payment,it is not limited to the original position,and has begun to overlap with commercial banks in many businesses,competing for market share and creating conflicts with commercial banks in terms of interest distribution and customer scrambling.Then,the relationship between the two sides began to transform from cooperation into competition,and caused some bad influences to the market.However,since the two sides are two kinds of organizations of different nature,and their original market position and competitive advantages are different from each other.Besides,there are many cooperation between them.Therefore,if the two sides could exert their respective strengths to strengthen cooperation,then it is meaningful to promote the orderly development of financial markets.This article focuses on researching the relationship between the tird-party payments and commercial banks.By combining the development status,competitive advantages and market orientation of the two,this paper analyzes the impaction of the development of the third party payment on the commercial banks,and analyzes the competition and cooperation between the two sides.Then,taking Alipay as an example to further analyze the relationship between the two.Through the above analysis and combining the current regulatory situation,it is inferred that although there is competition between the two sides,cooperation is greater than competition.The development of third-party payment is inseparable from commercial banks.At the same time,commercial banks also need the third-party payment.Only by joining hands to strengthen cooperation can the two sides make the electronic payment market bigger and realize their own better development.This article is intended to identify the root causes of the conflict between the two sides,and then propose some suggestions to reduce the contradiction between them and strengthen cooperation so as to achieve a mutual beneficial and win-win situation.