On Developing China’s Third Party Payment

  • Yong Jin
  • Wei Song
  • Jingyi Zhang
Part of the IFIP — The International Federation for Information Processing book series (IFIPAICT, volume 251)


The development of the third party payment, which enhances electronic commerce’s development greatly, provides a secure, efficient, convenient and low-cost way to transfer funds between the seller and the buyer. With fast development of electronic commerce and fierce competition in the third party payment market, the central bank of China sets about granting profession licenses to related companies. This paper theoretically analyses the third party payment’s development situation, operation mode and operation feature, and then offers strategies to develop China’s third party payment.


Party Payment Electronic Payment Party Business Payment Gateway Service Terminal 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© International Federation for Information Processing 2007

Authors and Affiliations

  • Yong Jin
    • 1
  • Wei Song
    • 1
  • Jingyi Zhang
    • 1
  1. 1.School of ManagementHubei University of TechnologyP.R.China

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