Research On Agricultural Bank Of China's Response To The Impact Of Third Party Payment Platform

With the continuous progress of computer network technology and the rapid development of Internet finance,third-party payment,as an emerging financial model,has emerged in comparison with traditional finance.In particular,the rapid development in recent years has brought huge impact on the traditional commercial banking financial system.The article begins with an introduction.In this part,the background and significance of the topic selection,the research carried out by scholars at home and abroad are sorted out and elaborated,the research contents,research methods and innovations are introduced and elaborated.The second part is an overview of relevant theories,providing theoretical support for this research and based on this.The second part is an overview of third-party payment related content,which provides the basis for the research of this paper,and based on this,makes an in-depth analysis of Internet finance and related issues.This paper focuses on the concept of third-party payment,combs the development process of domestic third-party payment,and analyses the future development trend of third-party payment.The third part analyzes the overall impact of the third party payment on the Agricultural Bank of China and the risk of money laundering.The third part focuses on the overall impact of third-party payment platforms on the Agricultural Bank of China.Based on the latest data released by the People's Bank of China and major commercial banks,the impact of third-party payment platforms on the business of the Agricultural Bank of China is analyzed,and the Agricultural Bank of China under the third-party payment platform faces the risk of money laundering.The fourth part starts with the Agricultural Bank of China itself and puts forward corresponding suggestions on how to deal with the competition brought by the third-party payment platform.According to the final conclusion of this paper,the measures that six commercial banks should take when dealing with the impact ofthird-party payment are proposed: one is to improve business services based on customer demand,and the other is to improve the ecomerce platform and gradually increase the income of intermediary business.The third is to cooperate with third-party payment institutions,the fourth is to vigorously promote the three rural services,the fifth is to use the method of big data analysis to enhance competitiveness,and the sixth is to actively expand the SME market.These six suggestions are basically proposed for the current situation of the problems existing in the bank,and they have strong practical significance.The fifth part is the conclusion and prospect.In this part,first of all,a brief review and summary of the full text is made and the corresponding research conclusions are drawn.Finally,the research prospect of third-party payment is put forward.