Third-party payment and bank

With the electronic payment market rapidly bigger cake, whether it is banks, CUP, or just take the license year, the third-party payment companies, clasped tightly in this market. The rapid expansion of third-party payment service, which caused many banks to smell an unprecedented threat. The more some time ago came credit card processing gateway the news of ICBC contract with CUP Kara line credit card payments business disputes. However, in the electronic payment and e-commerce high-level forum held in Guangzhou - Pearl River Financial Forum, the parties are whirring open cooperation to make the development of industry stability.

Payment industry cake rapid growth to become a financial battleground

According to iResearch (microblogging), statistics show that the 2011 payment industry, Internet payment business transaction size is reached 2.2038 trillion yuan, an increase of 118.1%. 2012 only in the first quarter, the Internet payment transaction size of China's payment industry reached 776 billion yuan, an increase of 112.6%. Experts predict that the Internet payment service in 2012 will continue to maintain a high growth trend, the number of Internet merchants will maintain rapid growth, number of transactions will also be a significant growth of electronic payment of a strong market potential and the driving force will greatly boost China's electronic business development.

Laws and regulations were promulgated, the electronic payment industry full access to the regulatory era, and the payment industry as a whole system is being completed of. As of the end of 2011, 101 payment companies have access to the payment of business license, electronic payment usher in the enterprise, including Internet payment and mobile payment enterprise, prepaid card companies, bank cards received a single enterprise, including the operator of the subject.

Cai Lifeng, vice governor of Guangdong Development Bank (microblogging), said that demand from the market point of view, the annual growth of e-commerce transactions "big cake", financial institutions and non-financial institutions have a huge space for development. With the common development of the industry chain parties, the future of financial services types will gradually expand to include iron and steel, logistics, funds, insurance, education and many other traditional areas, by the mere payment and settlement services upgrade to a comprehensive industry solution.

In a recent interview with Nanfang Daily reporter, quick money, CEO Guan Guoguang (microblogging) acknowledged that the payment of the relationship between enterprises and banks is tangled in the industry, but also with the different positioning of the enterprise to pay. "Real cooperation to developing mutually beneficial to be neutral and do not want to become a bank, does not compete with banks. In fact, the field of electronic payments is still a lot to be tapped." In his view, between the industry supply chain is cross- region, third-party payment to help commercial banks landing to a region to solve the problems of the banks can not off-site job.

Untapped opportunity is greater than the existing business is no need to compete with each other "pinch frame

May 26 licenses just an anniversary, look back at this year, pay the enterprises to standardize their high talent into the industry a lot more opportunities for new entrants in the industry is still very much, at present many companies also did not play its advantage. "Kwan believes that the Games" enclosure "in the payments industry in the future be carried out continuously. Pay the original profit is visible in the field of incremental means greater profits cake. The enclosure is more, the greater future profits. "He predicted that by 2015, the scale of operations will still be 100% growth.

"At present, pay only 4 trillion water, which is equivalent to the distribution industry as a whole is still very small, which means tremendous room for growth in the future, 10 -15 years of rapid growth space still can be." Kwan said that the current feeling the payments industry new entrants and not bring down the profitability of the industry as a whole, but the incremental market is much more than the stock, "Who can master most of the future increase in, who would be better prospects. "

Guangdong Development Bank Electronic Banking Department is responsible to the Nanfang Daily reporter said, in the long run, shut down the interface or the termination of cooperation or is extremely unwise. Non-cooperation is not open, it will eventually be eliminated. Banks and third-party payment companies, the income of consumers. Man-made obstacles, can not give consumers the convenience of business, and ultimately long-term are to be eliminated. "The source said, in the long run, open, standards, is to promote an important prerequisite for development of the industry.

However, the central bank's license or restrict a lot of people who want to scramble for the cake. The person in charge of many third-party payment companies, the implementation of the license approving the issuance of a comprehensive threshold of the payments industry than in the past a lot. "In the past year, the industry spent a lot of merchant processing effort, have done a lot of compliance, norms, systems work, for new entrants, the compliance costs than in previous years, this industry is definitely a good thing. The future of the entire industry profit model, based on the differential position to distinguish. "