Research On Commercial Bank's Innovation Of Internet Platform Payment-Mode

With the constant development of financial technology(Fintec),domestic third-party payment companies have brought a sustained impact on the settlement business of commercial banks,this is an immense and unique challenge facing the commercial banks of China,and is hard to learn from the world,However,the settlement business is the foundation of all the other business of commercial banks,it not only links with debt costs,deposits scale,customers quantity and other operating indicators,but also provides important basis for credit evaluation,risk-control,loan issuance and other management,therefore,how to maintain the territory of settlement business is a problem that Chinese commercial banks must solve.At present,there are two main countermeasures in the market.The first is to take the existing advantages of the stock,especially the stock of B-end customers,to compete with the existing third-party payment giants head-on through technological innovation,process transformation,service improvement and other means.The second is to compete as a direct-connect bank of the third-party payment companies,making use of the advantages of bank licenses to compete differently.However,due to the differences in technology,concept and system and other defects,the first method is not effective enough.With the establishment of the Nets Union Clearing Corporation,the regulation of "prohibition of direct connection" makes the second method invalid.The cash management account system of the bank,combined with the second-generation payment system and the witness service of capital flow and information flow can more easily form the transaction structure similar to the third party payment,and meet the requirements of "disconnection of direct connection and prohibition of secondary distribution ".With the gradual maturity of bank-enterprise direct link application and ERP system,this method is not at a disadvantage in terms of technology,compliance meets the regulations,and funds only come and go through bank accounts.Therefore,under B2 C,C2B and B2 B settlement scenarios,this method has strong competitiveness and high efficiency.Practice has proved that this mode performs well in the use of a listed company on NASDAQ.In 2018,the platform GMV exceeds 400 billion yuan and the number of transactions exceeds 11 billion.The innovation of this mode lies in that it makes explicit use of the advantage of strong credit of bank license in the way of witness.In addition,the settlement and settlement between banks have fewer levels and shorter process,which sets up a solid barrier in the competition with third-party payment.