What are the top ten third-party payment platforms in China?

In the Internet era, electronic payment has gradually replaced traditional trading media such as paper money and become the main carrier of daily transactions, while electronic remittance relies on third-party payment platforms. In the past year or so, many enterprises have spent a lot of money in order to obtain the right to use the third-party payment platform and obtain the payment license. Midea spent 300 million, Vipshop spent about 400 million, Xiaomi paid about 600 million, and even companies such as Greenland and Didi joined the battle for payment licenses. Among the third-party payment companies, Alipay relies on the huge traffic of Alibaba's e-commerce platform, Tenpay relies on the natural advantage of Tencent's domestic share, and UnionPay Online and UnionPay Business enjoy favorable national policies, forming a huge competitive advantage. Payment platforms such as Kuaiqian, Baidu Wallet, Jingdong Finance and Yifubao have achieved good development with the support of strong funds and platforms behind them. For Lacarra, innovative payment methods, such as the penetration of offline channels and the expansion of cross-border business, have gradually established their own advantages. The ten most representative third-party payment platforms can be said to be the three mainstream ways of third-party payment in the future, representing the future of third-party payment.

Third-party payment has three advantages:

Cost advantage: The payment platform reduces the cost for banks to directly connect with the government, enterprises and institutions, and meets the payment needs of enterprises focusing on developing online business.

Competitive advantage: the third-party payment platform is interest-neutral, avoiding business competition with the served enterprises.

Innovative advantages: The personalized service of the third-party payment platform enables it to simultaneously customize personalized payment and settlement services according to the innovative business model of the serviced enterprise's market competition and business development.

The third-party platform settlement payment mode has the following advantages:

(1) is relatively safe. Credit card information or account information only needs to be informed to the payment intermediary, without informing every payee, which greatly reduces the risk of credit card information and account information being leaked;

(2) the payment cost is low, and the payment intermediary concentrates a large number of electronic small transactions, forming a scale effect, so the payment cost is low;

(3) Easy to use. For the payer, it is a friendly interface, without considering the complicated technical operation process behind it;

(4) Payment guarantee business can protect the interests of the payer to a great extent.

The third-party platform settlement payment mode has the following disadvantages:

(1) This is a payment method of the virtual payment layer, and other "actual payment methods" are needed to complete the operation of the actual payment layer;

(2) The payer's bank card information will be exposed to the third-party payment platform. If the third-party payment platform has poor credit or confidentiality, it will bring related risks to the payer;

(3) The legal status of the third-party settlement payment intermediary is not stipulated. Once the bankruptcy is over, the "electronic money" purchased by consumers may become bankruptcy claims and cannot be guaranteed;