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

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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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  -