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.
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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  - Proceedings of the 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  -