Analysis on the Influence of the Introduction of NetsUnion on the Third-party Payment and UnionPay in China

摘要

This paper deeply analyzes the impact of the network on the launch of the third party payment institutions, analyzes the balance of treasure of the bank card fast payment and Alipay respectively, and finally conducts an in-depth analysis of the network of UnionPay. By means of the literature research method, data collection and simple descriptive statistics, conclusions are reached as follows: (1) CAS is coming soon, which will promote the benign development of the third party payment institutions and effectively avoid the malignant competition in the market. (2) The bank card shortcut payment reduces the cost of the small and medium banks butting the payment institutions, and provides a number of various business innovations for the bank through the network of the Internet connection to the banking system. On the basis, in the future, the withholding channels will obtain compliance channels, which will become "Commercial commission payment" or "commercial commission payment". For UnionPay, the new liquidation model is bound to impact the online business of UnionPay, promote its service quality and accelerate the transformation.