The Empirical Research Of Financial Payment Innovation In Business

The traditional method of payment such as cash, bills, credit cards,each living in a modern society people are very familiar with the methodof payment, but with the popularity of electronic commerce and promotethe use of traditional means of payment has been unable to meet theincreasingly frequent business activities require a convenient, fast, securetransaction cash flow, which makes the new payment methods came intobeing, that is, electronic payment. This paper focuses on innovativemeans of payment, to discuss the problems of modern business activities.First introduced the concept of innovative payment and analysis of thedifferences and scope of the different types of means of payment;Secondly, various effects to the modern business activities in theSummary of innovative means of payment even after the change ofbusiness model, the use of the2005-2010innovation the amount ofpayment transactions and third-party payment enterprise data throughquantitative and comparative analysis, to come to the conclusion ofinnovative means of payment to cost savings for the enterprise business activities. Finally, on the basis of theoretical analysis and empiricalanalysis of the overall evaluation, the paper puts forward three proposals:First, we should encourage enterprises, especially e-commerce enterprisesin their commercial activities to maximize the use of innovative paymentmeans cost savings for the enterprise; the risks associated with newtechnology, companies need to seriously consider, or they will increasethe cost of operations; for the emerging third-party payment companies,the government should timely introduction of appropriate regulations andpolicies to regulate the business operations of enterprises, guide thepayments industry towards a healthy and sustainable development.