Study On The Symbiotic Effect And Optimization Between The Third-party Payment And Intermediary Business Of China's Commercial Banks

The birth of third-party payment is in line with the needs of China's economic and market development,and is the inevitable trend of the efficient financial market towards innovation.As the representative of Internet finance,third-party payment is independent of merchants and Banks in providing payment and settlement services for merchants and consumers.To some extent,the third-party payment plays the role of a commercial bank.The operational overlap makes the third-party payment divert part of the customers of commercial Banks to some extent.Therefore,it is not only of practical significance but also of theoretical value to analyze and study the development path of third-party payment enterprises.First of all,Based on the collected data,this article summarizes the status of third-party payment and China's commercial Banks.Their cross-services are payment and settlement business,agent payment business and so on.so China's commercial Banks are facing the pressure of intensified competition among third-party payment enterprises.This paper sorts data about their relationship and introduces the concept of financial symbiosis through the literature on symbiosis.Then,In order to analyze the influence mechanism between the two.it collects the annual report data of 12 listed Banks and establishes a suitable regression model to study the influence of the third-party payment on the intermediary business of China's commercial Banks.In this paper,we use the theory of financial symbiosis to analyze the symbiotic relationship between them.Based on Logistic mathematical model,the paper simulated and calculated the environmental capacity and population density of the two,quantitatively analyzed the dynamic changes and influencing factors of symbiotic growth,and discussed how commercial Banks' traditional financial business and third-party payment seek symbiotic coexistence in the common financial environment.Finally,the conclusion is drawn that the third-party payment and intermediary business of China's commercial banks are symbiotic and the mode is asymmetric.Suggestions are proposed from the aspects of upgrading themselves and improving the symbiotic environment,so as to optimize the symbiotic path of the two.While seeking for the path of symbiosis and sustainable development of both sides,it promotes the development of both sides and promotes the establishment inclusive finance.