Commercial banks are willing, the rise of third-party payment enterprises, in fact, constitutes a competitive relationship with the bank's traditional business to a certain extent. Internet payment from the initial start to the next POS acquiring third-party payment enterprise customer base, the type of business, increasing the overlapping range of the Bank. But the other side of the coin is the third-party online payment solution enterprises cut away the traditional banking business cake at the same time, also in cooperation with the bank. With a huge customer resources of commercial banks, payment companies such as information technology, the advantages of the two together a bigger cake of Internet payment.

Loan and remittance product line

The new brand conference as early as mid-April this year, third-party payments business - quick money, ABC sent people to be congratulated, the Agricultural Bank of China also launched a comprehensive cooperation with the quick money. In May this year, another payment companies - Kara deduce the rumors of a ban was ICBC. Two things became the best footnote to third-party payment of the subtle relationship between enterprises and commercial banks. In response to blocking events, Kara, chairman of Sun Taoran denied. "'Block' this argument does not exist. Interbank repayment of complex business processes, involving a wide range of a few days before the system upgrade causes part of the bank card is not working, problems, various efforts have been resolved the problem."

Suspected of being blocked events come to an end, but it will also lead the subtle relationship between the third-party payment companies and commercial banks to the front. Form from the business point of view, 101 third-party payment company has two business online from the settlement, financing involved in the traditional position of the banking sector.

In general, deposit, loan, exchange is the basic business of commercial banks, should be settled in a way out of the "sink". Up to now, the third-party payment companies have gradually penetrate to the "sink" and "credit" two links. Before the emergence of third-party payment companies, clearing plots of commercial banks. ICBC cases, the bank last year, clearing, settlement and cash management revenues were $ 25.4 billion, including settlement income account for a large proportion. Involved in the payment permit issued by the central bank to the clearing business licenses, including the acquiring business, pay fixed-line telephone, mobile phone payments, Internet payments, etc., engaged in such businesses are involved to a certain settlement costs.

Competing interwoven

IResearch report, on the whole, the third-party payment system with the traditional financial services system, there is a big difference in the main business, the source of profits, the main target and the services provided by the two systems in the development of consciousness, business focus and interest demands there was no conflict.

Overall, with the third party payment companies are increasingly powerful, the relationship between banks and payment companies will become increasingly complex, the two both cooperation and competition. Specifically, both co-operation in the field of Internet payment than competition; in the field of acquiring business, is face to face head-on collision. POS acquiring license payment companies, mainly commercial banks in laying the POS machine. Within a number of large commercial banks, and also set up the acquiring business. But with the POS acquiring licenses issued to third-party payment companies, third-party payment companies POS machines also began to put the cloth merchants in large-scale, a result, banks and payment companies will face close combat.

The long run, the entry of third-party online payment gateway companies, commercial banks, it takes time to assess. But the consumer's point of view, a very good thing, because of the introduction of competitors, not only enriched the range of products, but also lower prices. Whether the trend, as vice president of Merchants Bank Credit Card Center Strategic Development Officiating at a forum on the analysis who can do that to understand customer needs, improve security, who is the winner, this winner is not necessarily a bank may third-party payment, may also be other organizations.