The payment platform reduces the cost of direct connection between the government, enterprises and institutions, and meets the payment needs of enterprises focusing on the development of online business.

2. Competitive advantage

The third-party payment platform is interest-neutral, which avoids business competition with the serviced enterprises.

3. Innovation advantages

The personalized service of the third-party payment platform enables it to innovate the business model according to the market competition and business development of the enterprises it serves, and at the same time customize the personalized payment and settlement service.

In the absence of an effective credit system in the online trading environment, the introduction of the third-party payment mode has solved the problem that the online banking payment method cannot restrain and supervise both parties to the transaction, and the payment method is relatively simple; And in the whole transaction process, commodity quality, transaction integrity, return requirements and other aspects can not be reliably guaranteed; Transaction fraud is widespread and so on. Its advantages are embodied in the following aspects:

First of all, for merchants, third-party payment platforms can avoid the risk of not receiving customers' payment, and at the same time provide customers with diversified payment tools. In particular, it provides a convenient payment platform for small and medium-sized enterprises that cannot establish an interface with the bank gateway.

Secondly, for customers, it can not only avoid the risk of not receiving the goods, but also ensure the quality of goods to a certain extent and enhance the confidence of customers in online transactions.

Third, for banks, through the third-party platform, banks can expand their business scope and save the development and maintenance costs of providing gateway interfaces for a large number of small and medium-sized enterprises.

It can be seen that the third-party payment model effectively protects the interests of all parties to the transaction and provides support for the smooth progress of the whole transaction.

(1) is relatively safe. Credit card information or account information only needs to be informed to the payment intermediary, without informing every payee, which greatly reduces the risk of credit card information and account information being leaked.

(2) The payment cost is low, and the payment intermediary has concentrated a large number of electronic small transactions, forming a scale effect, so the payment cost is low.

(3) Easy to use. For the payer, it is a friendly interface, without considering the complicated technical operation process behind it.

(4) Payment guarantee business can protect the interests of the payer to a great extent.

legal ground

Measures for the administration of payment services of non-financial institutions

Article 8 An application for payment of a business license shall meet the following conditions:

(a) a limited liability company or a joint stock limited company established in People's Republic of China (PRC) according to law, and it is a legal person's non-financial institution;

(2) Having the minimum registered capital meeting the requirements of these Measures;

(3) Having investors who meet the requirements of these Measures;

(4) Having five or more senior managers who are familiar with the payment business;

(5) Having anti-money laundering measures that meet the requirements;

(6) Having payment facilities that meet the requirements;

(7) Having a sound organizational structure, internal control system and risk management measures;

(8) Having business premises and safety measures that meet the requirements;

(9) The applicant and its senior management personnel have not been punished for using the payment business for illegal and criminal activities or handling the payment business for illegal and criminal activities in the last three years.

Article 9 Where an applicant engages in payment business nationwide, the minimum registered capital shall be RMB 654.38 billion. It is planned to engage in payment business within provinces (autonomous regions and municipalities directly under the Central Government), with a minimum registered capital of 30 million yuan. The minimum registered capital is paid-in monetary capital.

The term "engaging in payment business nationwide" as mentioned in these Measures includes that the applicant establishes branches across provinces (autonomous regions and municipalities directly under the Central Government) to engage in payment business, or customers can handle payment business across provinces (autonomous regions and municipalities directly under the Central Government).

The People's Bank of China adjusts the applicant's minimum registered capital according to relevant national laws, regulations and policies.

The business scope, qualifications of overseas investors and investment proportion of foreign-invested payment institutions shall be separately stipulated by the People's Bank of China and submitted to the State Council for approval.

Article 10 A major investor of an applicant shall meet the following conditions:

(1) It is a limited liability company or a joint stock limited company established according to law;

(2) As of the date of application, it has continuously provided information processing support services for financial institutions for more than 2 years, or continuously provided information processing support services for e-commerce activities for more than 2 years;

(three) as of the date of application, it has been profitable for more than 2 years;

(4) It has not been punished for using payment business to carry out illegal and criminal activities or handling payment business for illegal and criminal activities in the last three years.

The main investors mentioned in these Measures include investors who have the actual control right of the applicant and investors who hold more than 0/0% of the equity of the applicant.