The future of third party payment is uncertain

Absrtact: Every trainee reporter Wan Min from the Beijing central bank's second generation payment system will be on the line in the middle of the news, the central bank, banks, Third-party payment system has been the trend of attention. "Daily economic news" reporter recently learned the information shows that the third

Every intern reporter Wan Min from Beijing

The trend of central bank, Bank and third party payment system has attracted much attention since the news of the central bank's second generation payment system will be launched in the middle of the year. The daily economic news reporter has learned that the information shows that the third party to pay or due to the security technology is not up to standard and was refused to directly access the second generation of payment system platform.

Full implementation of cross-line real-time transfer

The full name of the second generation payment system should be the second generation of the central bank's modern payment system. "Pan Xinping, director of the Institute of Financial Science and technology at the Graduate School of CAs, said in the first generation system, only large payments and small payments, less than 50,000 of the retail sales between enterprises are mainly included in the small payment project, and the time window of small payment is determined by the time window of large payment, that is, 8:30 to 5 o'clock in the evening. Because of this, because of the development of E-commerce now, 24 hours have commercial retail, so the first generation system is not suitable for the need, the second generation system is to solve this problem. ”

"The original large payment is real time, but small is bulk." The second generation on-line, the first is to solve the time window 24 hours open problem, the second is to solve real-time problems, the third is small retail payments do not go bulk, but a pen. Pan Xinping that the second generation payment system can save the complicated path process of trans-bank transfer and improve the efficiency of net-silver.

Caoxiaoqing, deputy general manager of China Financial Certification Center, said the net Silver interconnection clearing platform that can be on-line this year is a part of the second generation payment system, now the microfinance bank transfer is quasi real time, but with the network Silver Interconnection clearing system platform, can realize the complete trans-bank real-time transfer.

Commercial banks prepare for war

The second generation payment system NET Silver Interconnection application system is called "Super Net Silver", able to provide personal and organizational users with real-time Cross-border funds, cross-bank accounts and accounts inquiries, as well as the current payment system can not achieve the cross-line deduction, Third-party payments, Third-party licensing and other business functions. It is reported that more than 10 commercial banks have become the second generation of central bank payment system platform pilot.

"The Bank's system transformation has already started to implement, in the system upgrades cost and the transformation should not have the very big difficulty." Pan Xinping, director of the Institute of Financial Science and technology, Graduate School of Chinese Academy of Sciences.

"We have been busy this matter recently, but the specific operation will not appear some technical obstacles, or to wait until the actual operation can be found." "The head of a joint-stock Commercial Bank Electronic Banking department said to reporters.

The person in charge said to the reporter, "The net silver Interconnection clearing platform's on-line, actually is enables the user to log in a bank network silver system, may carry on the active operation to the other bank accounts under its name." As a result, banks will actually have to invest more energy in the online banking services to retain customers. ”

This has also led some banks to worry that after the Internet, customers may be robbed by other banks, deposits are dug away, especially in the current banks generally face capital shortage. "But this is only for individual customers, and the bank has other measures to achieve customer retention." "The second generation of payment systems will make banking services more competitive," the bank said.

Although the domestic net bank has developed rapidly in recent years, the overall penetration rate is not high. China Financial Certification Center released earlier this year, "2009 China Online Banking Survey Report" shows: 2009, personal net Silver user ratio of 20.9%, 2% growth than 2008, Enterprise Net Bank users in the year ratio of 40.5%, slightly lower than 2008.

The future of third party payment is uncertain

"The central bank may also be considering whether a third-party payment system can directly access the central bank's payment system." "A person in the industry told the Daily Economic news," the People's Bank of China paid the Director of the Settlement Division Ouyang's comments are changed. At the end of last year, he had said "allow compliant third-party payment systems to access clearing platforms", but after moving into the Pudong bank, he said, "it is impossible to authorize non-financial companies to engage in payment operations directly".

Although the "non-financial Enterprise" may be referred to by the Director Ouyang as a specific telecommunications operator, it also faces legal and regulatory hurdles for third party payment agencies that have not yet obtained a liquidation business licence.

"Internet banking interconnection clearing system is to support third-party payments, but the current Third-party payment system is still not in, may be caused by technical and various reasons." The security of the third party payment system is one of the problems, it and net silver security is not a level. "Caoxiaoqing said.

At present, the Third-party payment agencies are still connected with the bank's network banking system, and some of its online payment projects, such as the water and electricity business, and commercial banks of the banking business functions overlap.

Pan Xinping that Third-party payments can be access to the platform to consider a number of factors, such as banks and third-party payments of competition, after all, commercial banks to the central bank's influence is much higher than third-party payment agencies. But he also said that the technical factors, if the third party payment system can not meet the requirements of the liquidation margin, access to the system may be a commercial bank of the network silver security threat.