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

DOI

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.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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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  - 10.2991/icfied-19.2019.29
ID  - Yang2019/02
ER  -