Research On The Impact Of Third-party Payment On The Profitability Of Commercial Banks

In recent years,Chinese e-commerce has developed rapidly,online shopping is becoming more popular,consumers have put forward stricter and higher standards and expectations for the security and convenience of payment methods,however,the traditional payment and settlement methods of commercial Banks have become increasingly difficult to meet the diversified demands of the current market.Against this background,alipay,tenpay and other third-party payment enterprises emerged and developed rapidly.After decades of development,third-party payment is becoming more and more mature,has not only confined to the provides easy pay channel,but to expand the scope of business: payment settlement,investment and financial management,he network of credit and credit payments.With the development of such a trend,the business overlap between third-party payment enterprises and commercial Banks will continue to expand.Faced with the threat from third-party payment enterprises,commercial Banks are gradually aware of the crisis and the importance of change.Therefore,all commercial Banks are now actively carrying out financial innovation to varying degrees,trying to give full play to their advantages in the face of competition from third-party payment institutions.In this context,how will the profitability of China's commercial Banks be affected? This paper will study the above problems by combining theoretical and empirical research.Based on the existing research,the author firstly reviews the relevant literature at home and abroad,Then explains the influence of third-party payment on assets,liabilities and intermediate business of commercial Banks,the fixed effect model was used to carry out regression analysis with bank profitability as the explanatory variable.The conclusion can not only make us more fully understand the third-party payment impact on the profitability of commercial Banks and is advantageous to the commercial Banks in the quantitative relation between the two parties to get helpful information,strive for breakthrough in order to better grasp the opportunity to promote the transformation and upgrading.