Rates may fall! UnionPay PK network! Payment agencies compete for battle!


On August 22, Netlink Clearing Co., Ltd. (funding) held the first shareholders meeting, the board of supervisors, and the board meeting. Earlier this month, the Central Bank Payment and Settlement Division issued the “Notice on the Transfer of Non-Bank Payment Institutions' Network Payment Services from Direct Connected Mode to the Networked Platform” (Silver Payment [2017] No. 209, referred to as “No. 209 Document”).

Since the issuance of Circular 209, there has been a lot of market discussion. Some people believe that the network will have a big impact on UnionPay.

The reporter interviewed many parties and learned that Circular 209 is mainly aimed at the direct connection mode of non-bank payment institutions' network payment services. The network and the UnionPay business do overlap. Therefore, the network will have a certain impact on the UnionPay business, but it actually impacts Not big. In addition, the future distribution principle has yet to be clearly regulated.

There is overlap in the scope of business

Circular 209 makes it clear that the non-bank payment institution network payment clearing platform (referred to as the “networking platform”) mainly deals with online payment services involving bank accounts initiated by non-bank payment institutions.

Circular 209 requires that, from June 30, 2018, the payment services of the bank account involving the bank account will be processed through the network platform; banks and payment institutions should complete the access network before October 15, 2017. Platform and business migration related preparations.

In this regard, an Internet finance executive at a city commercial bank in East China told reporters that UnionPay also has a large number of online clearing services, and some Internet payment agencies will accept UnionPay. According to Circular 209, the network link only cut off the direct connection between the payment institution and the bank. It did not say that it could not accept UnionPay. After all, it was an official institution. It may be a place where business overlaps, but it is not clear. However, even if there are some impacts on the business, there will be no big impact.

Some analysts believe that there is a certain competitive relationship between UnionPay and the Internet.

Internet payment agencies can also accept UnionPay

After the issuance of Circular 209, Internet payment agencies are also concerned about whether they can access UnionPay and the Internet at the same time.

Earlier, some media reported that third-party payment agencies must access the network, and currently do not allow access to UnionPay. The ultimate goal of the future is that, as various mechanisms of the market mature, and other clearing organizations come into play, they can choose to access a certain regulatory clearing organization.

However, a close to the regulator told reporters that there is no provision for not allowing access to UnionPay. Close to the UnionPay person said that in addition to Alipay, the payment institutions of the affiliated network affiliates are also members of the UnionPay network, and the online business has it. The UnionPay cloud flash payment is also aimed at the integration of online and offline.

However, it is still unclear about the future distribution principle, that is, what kind of situation is handled by UnionPay or Network Link.

Fabric Corner Sofa

Fabric Corner Sofa is normally put into the corner of the room. The fabric corner sofa is a kind of combination sofa which make the room more beautiful. There are many kinds of combinations for the fabric corner sofa. The fabric corner sofa is often composed of single seat, loveseat, corner seat, three seat, chaise lounge and ottoman, you can choose your own combination according to your room size. The cover material is fabric which is soft and with more colors to choose, and fabric is easy to clean and breathable , fabric is also eco-environmental.

Velvet Corner Sofa,Fabric Curved Sofa,Fabric C Shaped Sofa,Fabric L Shaped Sofa

Kaifeng Lanwei Smart Home Co., Ltd , https://www.sofa-recliner.com