中国第三方支付的发展模式选择——基于商业银行全面介入的视角

The Choice of the Development Models of Chinese Third Party Payments——In the View of the Commercial Banks' Comprehensive Intervention

在全球化背景下,中国金融业从分业经营迈向混业经营是一段漫长的过程。第三方支付的迅速崛起对中国商业银行传统的电子支付主导地位构成了挑战。商业银行全面介入第三方支付有切实的紧迫性和自身的优势,但也需要讲究策略。组建控股公司是一种可行的选择,在发展的不同阶段,国内金融市场发育程度、金融监管水平、法律法规建设、金融机构综合实力、外部经济金融环境等情况不同,中国商业银行介入的方式和程度也不同。针对不同的具体情况,第三方支付和商业银行可以采取纯粹银行控股、纯粹金融控股和母子公司型金融控股等不同的发展模式。

Under the background of globalization, it is a long process for Chinese financial industry to transform from the dividing industry workings into the mixing industry workings. The fast development of the third party payments becomes the challenge to the traditional leading position of Chinese commereial banks. Although commercial banks have the feasible urgency and advantage to intervene comprehensively the third party payments, they also need to take tactics. It is a feasible choice for them to organize the holding companies in different development models under different stages when the growing degree of internal financial markets, the level of financial regulation, the building of laws and rules, the comprehensive power of financial institutions and the external economic and financial environment aren＇t the same. In concrete situation, they could take the pure holding company development model, the pure financial holding company development model, the parent - subsidiary financial holding company development model and so on.