In a narrow sense, third-party payment refers to an electronic payment mode in which a non-bank institution with certain strength and credit guarantee establishes a connection between users and bank payment and settlement systems by signing contracts with major banks with the help of communication, computer and information security technologies.
According to the definition of non-financial institutions' payment services given by the central bank in 20 10 Measures for the Administration of Payment Services of Non-financial Institutions, broadly speaking, third-party payment refers to online payment, prepaid card, bank card receipt and other payment services provided by non-financial institutions as payment intermediaries of both parties. Third-party payment is not limited to the initial Internet payment, but has become a comprehensive payment tool with comprehensive online and offline coverage and richer application scenarios.
Mode 2: P2P online lending
P2P (Peer-to-Peer Lending) is peer-to-peer credit. Peer-to-peer online lending refers to the matchmaking between borrowers and lenders through a third-party Internet platform. People who need to borrow can find people who have the ability to lend and are willing to lend under certain conditions through the website platform, share a loan amount with other lenders to help lenders spread risks, and also help borrowers choose attractive interest rate conditions from fully compared information.
At present, there are two modes of operation, one is pure online mode, which is characterized by online lending activities without offline audit. Usually, these enterprises take measures to examine the qualifications of borrowers, such as video authentication, checking bank bills and identity authentication. The second mode is the combination of online and offline. After the borrower submits the loan application online, the platform will review the borrower's credit and repayment ability through the local agency and household survey.
Mode 3: Big Data Finance
Big data finance refers to a collection of massive unstructured data. Real-time analysis can provide internet financial institutions with all-round customer information. By analyzing and mining customer's transaction and consumption information, we can master customers' consumption habits and accurately predict customers' behaviors, so that financial institutions and financial service platforms can be targeted in marketing and risk control. The financial service platform based on big data mainly refers to the financial services carried out by e-commerce companies with massive data. The key to big data is the ability to quickly obtain useful information from a large amount of data, or the ability to quickly realize cash from big data assets. Therefore, the information processing of big data is often based on cloud computing.
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Mode 4: Crowdfunding
Crowdfunding, that is, public fund-raising or public fund-raising, refers to the mode of raising project funds from netizens in the form of group purchase and pre-purchase. The original intention of crowdfunding is to use the characteristics of the Internet and SNS to let start-ups, artists or individuals show their ideas and projects to the public, win everyone's attention and support, and then get the needed financial assistance. The operation mode of crowdfunding platform is similar-individuals or teams who need funds hand over the project planning to crowdfunding platform, and after relevant review, they can set up their own pages on the platform's website to introduce the project to the public.
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Mode 5: Information-based financial institutions
The so-called information-based financial institutions refer to banks, securities, insurance and other financial institutions, which adopt information technology to transform or reconstruct traditional business processes and realize comprehensive electronic management. Financial informatization is one of the development trends of the financial industry, and information-based financial institutions are the product of financial innovation. From the perspective of the whole financial industry, the informatization construction of banks has always been at the leading level in the industry. Not only has the international leading financial information technology platform, but also has built an electronic banking three-dimensional service system consisting of self-service, telephone banking, mobile banking and online banking. Its large-scale informatization-data concentration project is also in a leading position in the industry. In addition to innovative financial services based on the Internet, there are also "portals", "online banking, financial product supermarkets and e-commerce".
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Mode 6: Internet financial portal
Internet financial portal refers to a platform that uses the Internet to sell financial products and provide third-party services for financial product sales. Its core is the "search price comparison" mode, which uses the vertical price comparison method of financial products to put the products of various financial institutions on the platform, and users choose the appropriate financial products through comparison. Internet financial portals are diversified and innovative, forming a third-party financial institution that provides high-end financial investment services and financial products, and an insurance portal that provides insurance product consultation, price comparison and purchase services. This model does not have too many policy risks, because its platform is not responsible for the actual sales of financial products, nor does it bear any adverse risks, and the funds do not go through the intermediate platform at all.