What is network staging?

It is the installment payment of third-party payment institutions such as WeChat and Alipay.

Expansion: Netlink business is operated by Netlink Clearing Co., Ltd., with a registered capital of 2 billion yuan.

China People's Bank Clearing Center, China Payment and Clearing Association and other seven units under the central bank jointly contributed 760 million yuan, accounting for 37%. Alipay and Tenpay hold 9.6 1% shares respectively, and the payment institutions under Internet companies such as JD.COM, Netease and Shanda all hold shares.

The central bank is the well-deserved largest shareholder, which is also in line with the original intention of the central bank to launch the network, that is, to bring the entire payment system into formal supervision.

Third-party payment companies buy shares, so that they can be networked. While meeting the regulatory task, this company has become the interest spokesperson of the third-party payment industry.

On March 3rd this year, the online platform started trial operation. The first access banks and payment institutions include China Merchants Bank, Bank of China, Alipay, Tenpay and online banking under Jingdong Finance.