Proceedings of the 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)

Research on the influence of China Nets Union Clearing Corporation on third-party non-interest payment business

Authors
Yuguo Yang
Corresponding Author
Yuguo Yang
Available Online February 2019.
DOI
https://doi.org/10.2991/icfied-19.2019.29How to use a DOI?
Keywords
China Nets Union Clearing Corporation; non-interest income; coping strategies; development ideas.
Abstract
Since the People's Bank of China advocated the implementation of the China Nets Union Clearing Corporation Platform, third-party payment institutions began to transform their business and developed non-interest business. Based on the data of 14 months of iResearch, this paper studies the factors of the non-interest business of third-party payment institutions through fixed effect panel regression, and concludes that the influence of China Nets Union Clearing Corporation on the business of third-party payment institutions is positive spillover effect. The impact on smaller third-party payment institutions is more significant. According to this conclusion, the paper puts forward the coping strategies and development ideas of third-party payment institutions.
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Proceedings
2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)
Part of series
Advances in Economics, Business and Management Research
Publication Date
February 2019
ISBN
978-94-6252-678-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/icfied-19.2019.29How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yuguo Yang
PY  - 2019/02
DA  - 2019/02
TI  - Research on the influence of China Nets Union Clearing Corporation on third-party non-interest payment business
BT  - 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)
PB  - Atlantis Press
SP  - 151
EP  - 163
SN  - 2352-5428
UR  - https://doi.org/10.2991/icfied-19.2019.29
DO  - https://doi.org/10.2991/icfied-19.2019.29
ID  - Yang2019/02
ER  -