Third-Party Payment and Commercial Bank Competition Relationship After Nets Union Clearing Corporation Running

DOI

10.2991/aebmr.k.200908.019How to use a DOI?

Keywords

nets union clearing corporation, third-party payment, commercial banks, co-operation relationship

Abstract

Third-party payment has cooperated with banks since the first date of its birth and directly connected to commercial banks. The payment is completed online and it is fast and convenient. However, there is fierce competition in terms of capital attraction and payment. After Net Union Clearing Corporation (NUCC) is running, this kind of competition and cooperation relationship still exists, but the cooperation relationship has changed from direct to indirect, but the competition relationship is more intense than before. Based on the new type of relationship between third-party payment and commercial banks after the Nets Union Clearing Corporation running, this paper makes a new analysis and research on the competition and cooperation relationship between the two.

Copyright

© 2020, 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
AU  - Shuyi Cai
AU  - Hao Yang
PY  - 2020
DA  - 2020/09/08
TI  - Third-Party Payment and Commercial Bank Competition Relationship After Nets Union Clearing Corporation Running
BT  - Proceedings of the 3rd International Conference on Economy, Management and Entrepreneurship (ICOEME 2020)
PB  - Atlantis Press
SP  - 111
EP  - 116
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200908.019
DO  - 10.2991/aebmr.k.200908.019
ID  - Yang2020
ER  -