Abstract:
With the rapid development of Internet technology, the Internet has also brought
about a huge and profound change in the business model of the financial industry.
Among them, the third-party payment has the most profound impact on commercial
banks and financial systems. This study is a method of quantitative research using
secondary data from five Chinese commercial banks from 2009 to 2018. The factors
influencing the development of the third-party payment platform of commercial banks
are elaborated in detail. This study explores some of the factors that third-party
payments affect Chinese commercial banks, including their own GDP growth rate,
non-interest income ratio, bank deposit-loan ratio, non-performing loan ratio, and
commercial bank’s asset return ratio. On this basis, countermeasures and suggestions
for commercial banks facing the impact of third-party payment platforms are put
forward.
