Research On The Ethical Problems Of The Third Party Payment

The third-party payment is an effective credit intermediary” It is a successful solution to e-commerce payment.Internet banking and e-commerce hot stimulating drive the needs of Internet payment system. A large number o f third-party payment platform emerges in recent years. According to statistics, at of the end o f July 2014, 269 companies processed the Pay Business License of the Central Bank. The current third-party payment market is chaotic. The effectiveness of the industry regulator is limited. Face to such a broad market prospects and attractive profit margins, a series o f ethical issues appears. In recent years, the case of third-party payment companies owners escaped with money happed occasionally. A question is asked: how to guarantee the security of user^ account facing to the risks o f bad faith, illegal operation, etc? In fact, China has been strengthening the regulatory norms to pay third parties. The relevant laws and regulations regulating the third-party payment market has played a certain role. But driven by the interests, some companies and individuals still take risks. Some people make use o f loopholes of third-party payment platform to act illegal operations. Can we find the appropriate ethics policy from these problems? Can we find ethics advises to complete the legal supervision through this ethical analysis to identify the legal regulation o f third-party payments?At present, the domestic academic research for third-party payment is mainly from two angles of economics and law, through economic means and legal means to solve the problem o f regulation o f third-party payment. Third-party payment problem, however, not only following the economic explanations and depend on legal research countermeasure, problems also exist behind the ethical value to explore space. Unfortunately, in the study of existing third-party payment, the credit and self-discipline ethical requirement is still in a secondary position, be placed in economy requirement, the normative ethical role is only as the result o f a rational economic calculation. In fact, many of the problems faced by the third party payment, precisely reflects the development o f the third-party payment for the requirement o f moral virtue. On the other hand, from the perspective o f the relationship between ethics and law, between ethics and legislation can have the effect o f complement each other, the regulation o f third-party payment is more reasonable and effective. Therefore, this article from the perspective o f economic ethics, on the basis o f reference to existing research results, using the relative concepts o f economic ethics, the ethical characteristics o f comprehensive analysis o f the third party payment. Research on the ethics value in the process o f the third-party payment and ethical cause of the problem.For these reasons, this paper studies on the ethical problems of the third-party payment. This paper is composed by five parts. The first part is the introduction. It describes the research background. The existing literature was reviewed. And it analyzes the existing trends and the lack o f research, the research methods and results of this paper path. The second part defines the third-party payment. In general the development o f third-party payments is introduced. The third-party payment chaos in recent years is briefly analyzed. In the third part, Operation Mechanism o f third-party payment platform as the basis, the third-party payment intrinsic ethical attributes is analyzed. Mainly target on the credit, point out the ethics characteristics o f the third party payment as a "credit” intermediary. Part IV analyzes the number o f third-party payment moral hazard risks. The most significant moral hazard analysis ol precipitation funds is chosen as example. Based on the role of moral hazard in the third-party payment o f principle, combined with precipitation funds moral hazard problems, the causes o f the third-party payment in ethical issues are analyzed. On the basis o f the text o f the previous arguments, the fifth part summarizes the need for third-party payment, as well as improving supervision o f third-party payments made by the appropriate ethics suggestions.