Third-party payment compete with bank competition for corporate liquidity

According to the economic voice of "the world the company reported in recent years, with the development of e-commerce, the country's third-party payment companies began rapid development. However, e-commerce market now seems credit card processing gateway to have been unable to meet the appetite of these third-party payment company, they are set his sights on another piece of undeveloped virgin land, which is the liquidity management of SMEs.

Lower margins of the traditional third-party payment companies

The quick money, the company said the well-known independent third-party payment, present, SMEs face the problem of the two fund management: First, funds imputation slow, especially in the chain, retail and other traditional industries; receivables shall not be able to recycle the account of elongated affect the rate of expansion.

Now, many companies the information flow and capital flow or manual reconciliation of the low efficiency of financial management, and pushed up the cost of doing business. Quick money, they can help the many small and medium enterprises to improve the efficiency of fund collection and accounts receivable financing, the two services will also be a third party to pay the company's new business growth.

However, this is fast money to the company's own wishful thinking, although the companies do need this kind of financial services, but there is not only just grown up third-party payment companies interested in providing this service. As the boss on the financial markets, the Bank is also the idea of playing in this market. The purse Bao executive director of Sun Jiangtao said this business for third-party payment companies or new business.

Sun Jiangtao: This business is in fact a new business model for third-party payment companies, the company's governance structure, the company with our internal do not have the skills, there are no relevant team, which may need some more stringent assessment. Purely traditional third-party payment companies do not have any special business innovation itself is still relatively low gross margin on the format, in normal business circumstances, to consider other value-added services, to increase his level of profits and gross margins level, my personal opinion is quite reasonable.

It is understood that some banks already have related services. The account manager of an Agricultural Bank of China said that now, their business scope has covered the SME fund collection and accounts receivable financing, such a service, the banks can provide.

Cash imputation problem for SMEs, banks have basically no other costs for small and medium enterprises development of cash management platform, launched in the form of tariff packages, buy this package, only to meet the requirements of small and medium enterprises, charges lower than .

Profit era of financial services

Now, corporate liquidity management has become an attractive cake, the banks have already established business framework, Paypal, fast money and other third-party payment companies are summoned, ready to kill into this market.

Alipay recently announced the launch of the logistics and POS strategy, which is considered to be Ma want to rely on the power of individual users, began to expand to the business users. Fast money company also announced a high profile intervention SME liquidity management, the company's logo into the red means a barrier-free funds to provide enterprises with blood.

Banks and third-party payment are now targeting this new market, and between them can be both competitive, but also need to work together, ultimately in the end who will become the market leader? Seems still difficult to draw a conclusion, but as the boss of a small micro-Peng Master felt that the turnover rate of funds has become the first element of the small micro-enterprise profit, so they need someone who can provide more financial services in place, even the high cost of Some can also be accepted.

Shuo Peng: China has entered into various industries, especially in the merchant processing manufacturing or retail industries, and gradually entered into the era of meager profit. Previously may say that the relatively high gross margin, and now I think the gross margin also in traditional industries, high-tech fields, the entire Gregory fewer.

In this case, the rate of your cash flow becomes the primary link, because your cash flow rate of increase, such as 4-6 times a year cash flow, even if that only 3% of the I single business profits, but my entire cycle add up to 12% -16% of net profit.