Impact of Third-Party Payment on Commercial Banks' Intermediary Business and Empirical Analysis

This paper describes the impact of third-party payments on commercial banks' intermediary business, and collates the relevant data of third-party payments and commercial banks' intermediary business, and makes an empirical analysis for the impact of third-party payments on commercial banks' intermediary business during 2016-2020, and conducts a panel data regression on the top ten domestic commercial banks by analyzing the type of data, and arrives at the result that third-party payments have an inverse relationship with commercial banks' intermediary business.