The development of E-payment is one of the important upgrades of financial services in information society. In this upgrade process, E-payment has been treated as core point of business innovation and growth for many organizations, except commercial banks ,and attracting more investments from third-party payment agencies.
With the development and change over the past decades , third-party payment has become an important part on payment service market in china, obviously .on the one hand, payment of this kind changed the traditional model of production of china. on the other hand, it also shook the old model of payment. The current situation of third-party payment in china is facing both opportunities and challenges. We need making unceasing innovation, learning advanced development model from developed countries, Considering the practical situation,to lead third-party payment to a better future.
This article mainly introduces the development course and status of third-party payment in china，analysis advantages and disadvantages in developing process of third-party payment and utilize successful models of development from overseas, In order to seek a greater development space.