第三方支付

dìsānfāngzhīfù

noun

Meanings

1 third-party payment (non-bank payment platforms)
2 third-party payment services (e.g. Alipay, WeChat Pay)

Characters

(ordinal prefix)

Examples

第三方支付在中国已经非常普及。

Dìsānfāng zhīfù zài Zhōngguó yǐjīng fēicháng pǔjí.

Third-party payment services are already widespread in China.

央行对第三方支付进行严格监管。

Yāngháng duì dìsānfāng zhīfù jìnxíng yángé jiānguǎn.

The central bank strictly regulates third-party payment services.

Tips

culture

Finance/regulatory term. Refers to non-bank licensed payment institutions that sit between buyer and seller — Alipay, WeChat Pay, UnionPay and others. Strictly regulated in China by the People's Bank.

Stroke Order

第 dì

三 sān

方 fāng

支 zhī

付 fù