Research On The Influence Of Third-Party Payment On The Intermediary Business Of Commercial Banks In My Country

With the development of network and mobile communication technology,the third-party payment industry came into being.With the advent of smart phones,the third-party payment has been widely welcomed because of its convenient use.Therefore,the intermediary business of banks has been greatly impacted.in this context,it is quite valuable to study the impact of the rapid development and expansion of third-party payment on the intermediary business of banks.At the same time,it is also valuable to study its impact mechanism on different types of banks and various types of intermediary business of banks,and judge whether there is heterogeneity in its impact.This article analyzes the emergence and development of third-party payment at home and abroad in recent years by reading relevant literature,and then studies the impact of my country’s commercial banks on third-party payment.Secondly,this paper studies the role of third-party payment from three different perspectives:bank card business,payment and settlement business and agency.This paper uses the annual data of 30 commercial banks in my country from 2013 to 2020 to study the status and role of third-party payment in my country’s commercial banks;The development of third-party payment has an obvious negative effect on the intermediate income and commission of its intermediate business;the 30 banks are divided into three types according to their heterogeneity:state-owned banks,joint-stock banks,and city commercial banks;finally,by replacing The validity of the empirical analysis is verified by explanatory variables.The research results show that,in general,the development of third-party payment has a significant negative impact on the intermediary business of commercial banks;however,due to different commercial banks,its effects are not the same,among which state-owned banks are the least affected,followed by Urban commercial banks,while joint-stock banks are under the greatest pressure,mainly due to the difference in scale and business strategy of the three banks.Finally,according to the results of the theoretical analysis and empirical analysis of this paper,the development of the intermediate business of commercial banks is discussed.Recommendations were made.First,strengthen mutual exchanges at the technical level;second,strengthen cooperation in business fields;third,improve the capital structure;fourth,strengthen the awareness of security risk prevention;fifth,attach importance to personnel training.