The license of third-party payment industry will usher in the age of the entire third-party payment market size is expanded to two trillion yuan of orders of magnitude. Reporters yesterday to understand the past year, the central bank has in batches to 101 enterprises

issued licenses of third-party payment, in addition to the 143 companies have the record but has not yet received a license to the central bank. Five major platforms occupy a major share of the third-party payment market, the entire industry in the force to get rid of the online banking wealth management business.

Report released by research firm iResearch Consulting believes that the regulations and solicitation of a number of regulators have been issued, the third-party payment industry management practices continue to refine, and also greatly diminishes the uncertainties of the policy environment for third-party payment further expand the scale of market transactions to create a favorable policy environment. The data show that in 2011 domestic third-party payment online payment market size reached 2.2 trillion yuan, an increase of 118%, year on year growth over 2009 and 2010 data.

In terms of market structure, the five third-party payment enterprises bigger and stronger, occupy the major share of the market. IResearch's latest data show that, in the first quarter of this year, Internet payment business transaction size of the payment industry in China reached 776 billion yuan, Alipay is still 47.8 percent share of retaining its position as market leader in TenPay ranked second with 20.3 percent market share ; CUP online, fast money, and remittance in the world market share of 9.1%, 7.6% and 7.5% respectively separated from the third to five.

Year after the license issued, the form of third-party payment has a significant change. "Related to the regulated community, told reporters that since the late 1990s, third-party payment through the collection of a number of online banking in order to jump online banking, online payment service for businesses and users.

Alipay as the industry leading "last year to take the lead in cooperation with many domestic and foreign banks for the Express payment services, the user does not need to open online banking convenient and safe will be able to complete a cooperative bank bank card. In addition, the CUP TenPay industry enterprises also have been offering fast payment services.

"Third-party payment is not just for online shopping, expand Forward wealth management deeper into the realm." Stakeholders told reporters that the original banks have a virtual monopoly on the sales channels of the Fund, account manager for the need for

performance royalty often misleading sales, but third-party payment involved in fund distribution channels enable customers to meet the demand to share the same have more choices.

It is understood, including Bo, including the Huitianfu, China, Celestica, Golden Eagle, Peng China 30 fund companies reached with Alipay access cooperation funds. Remittance of the world, Communications payment and ChinaPay 6 has been to fund third-party payment license.