Proceedings of the 2nd International Symposium on Social Science and Management Innovation (SSMI 2019)

Opportunities and Challenges Facing the Third-party Payment under Strict Supervision

Authors
Hui Liu, Shaohe Zhang
Corresponding Author
Hui Liu
Available Online December 2019.
DOI
10.2991/ssmi-19.2019.61How to use a DOI?
Keywords
Third-party payment; provisions; Cutting off the direct connection to the bank; 96 charge pricing reform [6]; Opportunities and challenges.
Abstract

This paper adopts a descriptive research method to describe the current situation and problems of third-party payment, and enumerates a series of strictly supervised supporting policies and measures issued by the regulatory authorities in order to guide the healthy and sustainable development of the third-party payment industry which brings the opportunities and challenges to the third-party payment industry. This paper proposes the third-party payment industry to establish diversified financial services with financial technology as an engine, relying on payment data, and gradually shift the focus of business from the ending C to ending B, to serve more enterprises and vertical industries, to provide customers with one-stop accurate, refined and personalized solutions, build a "payment +" ecosystem of third-party payment, and build core competitiveness.

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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Volume Title
Proceedings of the 2nd International Symposium on Social Science and Management Innovation (SSMI 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
December 2019
ISBN
978-94-6252-855-0
ISSN
2352-5398
DOI
10.2991/ssmi-19.2019.61How to use a DOI?
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/).

Cite this article

TY  - CONF
AU  - Hui Liu
AU  - Shaohe Zhang
PY  - 2019/12
DA  - 2019/12
TI  - Opportunities and Challenges Facing the Third-party Payment under Strict Supervision
BT  - Proceedings of the 2nd International Symposium on Social Science and Management Innovation (SSMI 2019)
PB  - Atlantis Press
SP  - 225
EP  - 229
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssmi-19.2019.61
DO  - 10.2991/ssmi-19.2019.61
ID  - Liu2019/12
ER  -