财经深一度丨打破壁垒！支付产业积极构建开放互联生态

Core Insights - The recent advancements in China's payment sector include the interconnection of mainland and Hong Kong rapid payment systems, the trial launch of a unified cross-border QR code gateway, and the initiation of a cross-border QR code interconnection project with Indonesia [1][2] Group 1: Industry Development - The concept of "interconnection" has become a focal point in the payment industry, as it is seen as essential for addressing payment pain points and achieving high-quality industrial development [2] - The payment industry in China is transitioning from rapid growth to a phase of high-quality development, with a consensus on the need for an open and interconnected ecosystem [2][4] - Challenges such as high industry concentration, insufficient interconnectivity between different networks, and compatibility issues with business rules and standards are hindering high-quality development [2][3] Group 2: Technological Innovation - New technologies are pivotal in reshaping the payment industry landscape and driving industrial upgrades, with innovations in identity recognition, big data, and blockchain enhancing efficiency and reducing costs [4][5] - The recent peak transaction volume on the Netlink platform reached 3.71 billion transactions in a single day, highlighting the need for robust technological support for high transaction volumes [4] Group 3: Risk Management and Compliance - The acceleration of global payment network interconnectivity has increased risks such as information leakage and fraud, prompting the need for enhanced risk management through technology and data [6] - The People's Bank of China is committed to establishing a digital regulatory framework to improve non-site regulatory capabilities and ensure early identification and management of payment risks [6] - Recent actions by financial regulatory bodies have led to the cancellation of 2,280 outsourcing service institutions, promoting a competitive market environment [6]