The central bank issued 270 payment licenses in 8 batches, including Zhifu Payment, Alipay, Kuaiqian, UnionPay, Tenpay and Baidu Wallet. The time for the central bank to issue third-party payment licenses is concentrated between the beginning of 20 1 1 and the beginning of 20 15. Among them, the period from 1 1 to 13 is the peak period of payment license issuance, and third-party payment platforms like Zhifu Payment obtained licenses during this period. However, after 13, the license issuance gradually declined. In 20 14, 19 licenses were issued. Only one license plate was issued in March of 20 15, and this one became a swan song. Since then, the third-party payment license has become a scarce resource in the market. Vipshop, Xiaomi, Evergrande and Midea made strong acquisitions after this.

Although the development of third-party payment is not long, it does bring many surprises and changes to people's lives. In just a few years, Alipay has successively launched payment products such as Yu 'ebao, Ant Staging and Payment Code. Ma Yun even threatened that China would enter a cashless era in five years, and launched a cashless promotion plan. As the "deadly enemy" of Alipay, WeChat Pay is not to be outdone, and has launched payment applications such as WeChat Red Packet and "WeChat Pay". It also launched a cloud WeChat cloud payment solution for WeChat payment service providers to help WeChat payment service providers reduce development and deployment costs and development time, and improve the ease of payment. As a rising star of third-party payment, it has successively obtained the pilot qualification of cross-border foreign exchange settlement business approved by China Administration of Foreign Exchange, and the smart payment of cross-border RMB payment business filing application license, and vigorously developed cross-border services in view of the development needs of cross-border e-commerce in foreign trade industry. Providing cross-border value-added services such as cross-border foreign exchange and RMB settlement, cross-border logistics warehousing, national customs inspection and filing, customs declaration and inspection, and international credit card payment for domestic and foreign cross-border e-commerce. Zhifu has also established cooperative relations with four major international credit card organizations, prime Bank of Malaysia, credit card organizations, major domestic customs, bonded warehouses and overseas warehouses, and provided cross-border comprehensive services.

Of course, there are also many problems in the development of third-party payment. In just a few years, E-Pay, E-Pay and Lacarra were punished one after another. According to 16 statistics, the central bank * * * fined 33 third payment platforms, with a total fine of1040,000 yuan. Third-party payment platforms such as Guangdong Yimin, Zhejiang Yi Shi, Shanghai Changgou and Beijing Runjing were disqualified for various reasons. Looking at enterprises that violate the rules or are disqualified, the reasons for violations can be summarized as follows:

1. User real-name registration system failed to be implemented.

2. Violation of relevant provisions on payment by non-financial institutions.

3. Inadequate supervision of outsourcing service providers

4. Illegally depositing customer reserve funds.

5. Transaction monitoring is not in place.

6. Failing to carry out customer identification business as required.

7. Misappropriation of customer reserve funds

The development of an industry is doomed to go through all kinds of turbulence and ups and downs before it can mature. As the future of internet finance, third-party payment is still a powerful driving force for its development despite the constant scandals. The future of third-party payment can still be expected.