The industry's long-awaited third party payment licences finally issued the first Zhongsheng!

Absrtact: Figure/CFP/Oriental IC Industry long-awaited Third party payment license finally issued the first batch of Zhongsheng! Yesterday, the central bank website announced the first batch of Third-party payment business license to pay the list of companies, a total of 27 companies listed, such as Tenpay, Alipay, silver

Figure/Oriental IC

Figure/CFP

The industry's long-awaited third party payment licences finally issued the first batch of "Zhongsheng"! Yesterday, the central bank's website announced the first batch of "Payment business license" third party payment business list, a total of 27 companies listed, such as Tenpay, Alipay, UnionPay business, fast money and other well-known enterprises have no suspense to get the license. But there are five companies that have previously been advertised that have failed to get the list.

Analysts pointed out that after the issuance of licences, third-party payment companies will completely farewell to the "unidentified" period, the future will be in the insurance, funds and education and other areas to go deeper, and ushered in the third party to pay the market business outbreak. However, it is noteworthy that due to the relatively high entry threshold, the future may also trigger a third party to pay the merger and acquisition of Enterprises wave.

The end of the decade "undocumented age"

The first batch of third-party payment companies will end the "unidentified" problem that has plagued them for 10 years.

Before the central bank formally promulgated the Regulation, the third party payment industry has a history of nearly ten years in China. Since 2003, with the birth of Alipay guarantee trading model and the maturity of Taobao shopping market, online payment service has started to walk into the life of millions of users. However, as the corresponding management methods have been delayed, "identity" has been a difficult problem for third-party payment enterprises.

June 2010, the central bank officially announced the "Non-financial institutions payment Services management measures", the domestic third-party payment industry to implement formal supervision. In accordance with the relevant provisions, non-financial institutions to provide payment services required to obtain the payment business license, as a payment agency, and September 1, 2011 become a Third-party payment agency to obtain a license deadline, overdue enterprises will not continue to engage in payment business.

Distance "Doomsday" still more than three months time, the first batch of licences finally issued, Tenpay, Alipay and other private non-financial institutions engaged in payment service identity problem finally settled, but also let a lot of payment enterprises relieved.

It is understood that in the first batch of 27 companies to be certified, Tenpay (Tencent) and Alipay (Alibaba Company) registered capital of the largest, for 500 million yuan, registered capital of the enterprise is just the line, for 30 million.

However, compared to the central bank's first public announcement of the 32 shortlisted enterprises, there are 5 companies failed to take the card, the linkage advantage of E-commerce, Shanghai Shi Enterprise, Shanghai fu-friend Finance, Shanghai Cheong-chang, Shanghai UnionPay Five declared enterprises have not been adopted.

Aim for more "depth" areas

As the top of the list of Alipay (China) Network Technology Co., Ltd., the license to obtain a full coverage of internet payments, mobile phone payment, bank card receipts, prepaid card issue and acceptance, currency exchange and many other types of payment business.

"Our business scope should be the most comprehensive." "Alipay said that with the expansion of the application area, the Third-party payment has been from the previous network shopping, air tickets, public utilities, etc., gradually to logistics, insurance, philanthropy and other areas of expansion, partners continue to expand. In 2011, Alipay innovative products will open up new markets for the entire upstream and downstream industry chain around electronic payments. Alipay said.

Tenpay General Manager Liu Yingqi that the payment business license issued is a major opportunity to pay the industry, more heavyweight opponents may join in, payment industry will form a complete industrial chain. He said that the future tenpay will strengthen the absorption of financial professionals to help more enterprises improve capital efficiency, while providing Internet users with more convenient life services.

Quick Money PR Hanshanshan said to the Yangcheng Evening News reporter, after acquiring the license, the fast Money besides in the Fund insurance aviation and the electronic commerce and so on industry continues to exert force, may go to the line supermarket and so on industry development.

Yeepay paid CEO Tang (Weibo) said that in addition to digital entertainment, telecommunications, education and other advantages of the industry, will also expand the insurance, funds, logistics and other markets, the traditional industry is also a strategic focus of electronic, and strive to create a full range of "integrated electronic Payment enterprise." It is understood that the Yeepay to pay for this licensing business types include currency exchange, Internet payments, mobile phone payments and bank card receipts.

or detonate merger and integration tide

Analysts pointed out that the acquisition of "Zhongsheng", third party payments will usher in an explosive period of development. According to Analysys consulting company forecast, 2010 China Third party payment market turnover reached 1.13 trillion yuan, the chain growth of 95%, to 2012 China Internet online payment market size is expected to reach 1.6 trillion yuan.

Cheng Shanbao, an analyst, said that the expansion of application services in many industries has become a common development of payment enterprises. With the issuance of the Central Bank payment service licence, each payment enterprise will focus on the traditional network shopping, air tickets outside the application services, can be foreseen in the next period of time, the Third-party payment enterprises in the insurance, funds and education and other areas of development will be more in-depth.

"However, the Third-party payment industry may also trigger merger consolidation. "Analysys International analyst Meng points out.

Analysys International report shows that the third party payment market still maintains a high market concentration rate, only Tenpay, Alipay two companies occupy the market 70%. With the arrival of the September 1 deadline, some third-party paying companies that failed to get their cards to survive are likely to find "new owners".