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Alipay's official access to the UnionPay "broken direct links" further

via:博客园     time:2018/9/17 9:42:05     readed:294

Every reporter Xiao Le

Every editor Wang Keran

Alipay access to the UnionPay rumor finally landed.

In September 14th, the daily economic news reporter learned from people familiar with the matter that UnionPay has signed a cooperation agreement with Alipay, and will cooperate formally in the field of payment and liquidation. Alipay will cooperate with UnionPay in the business of no card quick, bar code payment and so on, and it will provide a separate transfer service to the liquidation network.

Wang Pengbo, an analyst at Analysys, said,

WeChat has been implemented before.

As early as March this year, there was a "WeChat and Alipay barcode payment service access to the UnionPay platform work plan" circulated in the industry, the program shows that WeChat and Alipay's acquirer business will connect to the UnionPay. Subsequently, on April 1, UnionPay announced that it would cooperate with Fiscal Communications in the payment of micro-letter barcode. But Alipay's access to the UnionPay has been delayed.

In August 2017, the notice issued by the Department of payment and settlement of the people's Bank of China on the transfer of non-bank payment institutions' network payment services from the direct-connected mode to the platform of the Internet Federation showed that from June 30, 2018, the notice issued by the Department of payment and settlement of the people's Bank of China, Payment institutions accept the network payment business related to bank accounts, all through the network platform processing. That's what the industry calls it.

Because the third party payment mainly uses the payment institution direct bank model to complete the payment settlement business, the capital flow under this mode is difficult to trace to the source monitoring, and has the bigger risk. This is

On March 31 this year, the Internet Federation announced that it had completed the contract signing, system docking, joint commissioning and production verification with CFTC on the bar code payment business, and completed the first production transaction on March 31. In May 11th, Alipay announced that it had completed system docking, joint debugging test and production verification.

According to the "Bar Code Payment Business Standards (Trial Implementation)" which came into effect on April 1, 2008, when a bank or a payment institution carries out a barcode payment business involving cross-bank transactions, it shall handle it through the People's Bank of China's inter-bank clearing system or a legally qualified clearing institution. Internet Federation and UnionPay are all clearing institutions with legitimate qualifications.

Two major problems remain to be solved.

Xue Hongyan, director of the Internet Finance Center of Su Ning Financial Research Institute, said in an interview with the Daily Economic News earlier that

According to the official announcement of the Internet Federation, as of March 13, 2018, the clearing platform of the Internet Federation has been connected to 341 commercial banks and 101 payment institutions, and has completed 9.185 billion capital transaction transfer liquidation, with the successful transaction amount exceeding 2.54 trillion yuan.

But now,

Wang Pengbo further pointed out that

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