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What do you mean by public and private in third-party payment?
Corporate bank refers to the company signing a contract with a third-party payment company to provide the company's corporate account. The third-party payment company will directly settle the payment to the company's enterprise account.

Personal relationship means that an individual signs a contract with a third-party payment company to provide a personal account, and the third-party payment company directly settles the money into your personal account.

Third-party payment refers to an independent institution with certain strength and credit guarantee, which is connected with the bank payment and settlement system by signing contracts with major banks to facilitate transactions between the two parties.

Response time: 2021-12-13. Please refer to the latest business changes announced by Ping An Bank in official website.