?According to the opinion of media industry, the online association is similar to the third-party payment version of UnionPay, and it is a new "chief manager" in the payment field. Generally speaking, the bank card payment business belongs to UnionPay, and the network payment business of non bank payment institutions (commonly known as "third party payment institutions") belongs to "online union". Recently, the online clearing platform has been written into the latest China financial stability report. As the "general manager" of the third-party payment agency, the online Federation has been carrying the mission of "disconnect the direct link" since its establishment. With the development of "direct connection", the former mode of direct connection of non bank payment institutions has become "past style". So, what are the risks of direct connection? As the "double 11" is approaching, does the online clearing platform face certain pressure? According to the information on the official website of "big manager" of the third-party payment institution, netsunion Clearing Corporation (nucc) is an operating institution of the online payment and clearing platform of non bank payment institutions approved by the people's Bank of China. The China Association for payment and settlement, in accordance with the market-oriented way, organized non bank payment institutions to jointly participate in the investment on 2124. It was registered and established in Beijing in March. For example, Alipay, a familiar user, is one of the shareholders of the network. The Beijing News reporter learned from the enterprises that Alipay (China) Network Technology 生肖今期红波尾是什么肖 Co., Ltd., and fortune pay Technology Co., Ltd. (Tencent) both hold 2.52% of the total 45 shareholders.