Third-party payment refers to an independent organization with a certain degree of strength and credibility, which facilitates the transaction between the two parties by docking with UnionPay or Netflix in a network payment mode. In the third-party payment mode, after the buyer purchases the goods, the buyer uses the account provided by the third-party platform to make payment for the goods (payment to the third party), and the third party notifies the seller that the payment has arrived, and asks for the delivery of the goods; the buyer receives the goods, inspects the goods, and confirms the goods before notifying the third party to make the payment; the third party then transfers the payment to the seller's account.In the afternoon of January 13th, 2017, the People's Bank of China (PBOC) issued a new regulation in the payment field, "Notice of the General Office of the People's Bank of China on Matters Relating to the Implementation of Centralized Depository of Payment Institutions' Client Provision Funds", which made it clear that third-party payment institutions, in the process of transactions, generated customer provision funds, which will be uniformly deposited to designated accounts in the future, will be supervised by the central bank, and the payment institutions are not allowed to divert or occupy the customer provision funds.In March 2018, the Netlink issued the No. 42 document to supervise the third-party payment Institutions to access the NetLink channel, clear before June 30, 2018, all third-party payment institutions and the bank's direct connection will be cut off, after which the bank will not be separate and direct for the third-party payment institutions to provide a deduction channel.