The current situation, development and prospect of third party payment industry

With the rapid development of electronic commerce in China, it has promoted the development of other industries. Among them, third party payment has been born and widely used by the people. At present, third party payment platform has become the closely related part of electronic commerce. Third party payment platform is safety payment service on the Internet, it can protect the both transaction and property security. Third party payment as an emerging industry is accompanied by the development of electronic commerce, it objectively has promoted the industrial transformation and changed the people's lifestyle. Because the third party payment market has developed rapidly, third party payment industry still has certain problems need further strengthening and perfecting.