An analysis of the third party payment system based on service supply chain

As an important form of payment, online payment continues to develop and boosts a large number of third party payment companies. With the third party payment companies growing, they gradually have conflict with the bank system. Both the banks and payment companies want to lead the third party payment market. In the third party payment market they are not only collaborators but also competitors. In order to analyze this issue and its deep-seated causes more clearly, this paper introduces the theory of services supply chain and creates a model to analyze the bargaining power of bank and payment company, and come to conditions of equilibrium which will keep the third party payment service supply chain stable.