The Influence Of Third-party Payment On China's Commercial Banks

Nowadays,with the continuous progress of science and technology and the advent of the era of big data,the development of the Internet can be described as is on the upgrade,a thriving,at this time,with the maturity of Internet related technology as the basis,Internet finance came into being and received more and more attention.Compared with the traditional financial industry,Internet finance has a wider scope,and it can break the geographical restrictions and provide customers with more convenient and efficient financial services.Therefore,the emergence of Internet finance is a huge impact on the traditional financial industry.The commercial banks,which are the mainstay of the financial industry,are of course not to be ignored.As a product of the Internet finance,the third party paymentt is expanding its scale in recent years,the scope of services covers more and more widely,and the third party payment platform,with Alipay,Tenpay as the representative,is widely recognized and used by all of us.And the major commercial banks have also increased their cooperation with the third party,to make clear the interest competition relationship,to make up for the short,and to make a positive change.The continuous development of the third party payment and the importance of commercial banks to it prove that it has a great impact on the business activities of the commercial banks.Therefore,this paper focuses on how the commercial banks will be affected under the background of the vigorous development of the third party payment,and puts forward the corresponding measures and suggestions based on the analysis results.This paper mainly studies the influence of the third party payment on commercial banks.Starting from the background and significance of the research,this paper summarizes the existing research results both at home and abroad,and summarizes the research methods and framework,as well as the innovation and shortcomings of this paper.Then,the concept and model of Internet finance,the concept of third party payment,the history of development and the current situation of development are discussed from a macro perspective.After that,the impact of the development of the third party payment on the commercial banks was qualitatively analyzed and from the quantitative point of view,the impact of the third party payment on commercial banks is analyzed by the empirical method.Finally,in view of the results of the analysis,the countermeasures and suggestions for commercial banks to deal with the impact of the third party payment are put forward.