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The Research on the Payment Price System
Author(s): 
Pages: 73-76+82
Year: Issue:  5
Journal: Xi'an Finance

Keyword:  payment pricepayment and clearing;
Abstract: Scientific payment pricing mechanism is of important significance to improving the fair competition environment of the payment transaction, accelerating the speed of the flow of the social funds and reducing the liquidity risk of the funds. How to give full play to the foundation functions of the payment system of the People’s Bank of China, the paper thinks that the appropriate price system is the key. Through the mathematical modeling, the paper builds a payment system with dynamic prices, and reaches the conclusion that the dynamic price can better adapt to the economic development.
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