2011•Journal of Weifang UniversityRequires access

The Analysis of Competition and Cooperation of the Third-party Payment and the Bank

Lu Liu

Abstract

With the development of the domestic e-commerce,the third-party payment has become an important payment,getting lots of concerns.The third party payment cannot develop without the support of the banking system.But as the third-party payment becoming increasingly more popular,their connection changes subtly,having competition as well as cooperation.This essay analyzes their connection and gives our own opinion of how to obtain win-win.

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Available abstract

Key concepts: Payment, Competition (biology), Third party, Business, Payment service provider, Payment order, Connection (principal bundle), Payment system