The Research On The Legal Issues Of Prepaid Cards

The emergence of prepaid electronic payment system is used in the concrete embodiment of modern society. Prepaid card transactions compared to traditional methods in terms of the transaction is a new thing, it changes the traditional method of payment and transaction practices. Prepaid card has great vitality, just a few decades, the prepaid card from scratch, from weak to strong, into all areas of people's lives. In the new century, as China's rapid economic development, trade prosperity, prepaid card transactions also performed extremely active. According to the survey the amount of prepaid card issuance has more than one trillion, and is growing exponentially. Face such a wide range of transactions, such a large volume of transactions, trade disputes inevitably produced, changed the trading habits, which also brought many problems. Involving the safe operation of the whole financial system stability and social order. As the law has a lag characteristics appear in the crisis only after the relevant laws and regulations proposed to be regulated, so there is no improvement of the management of prepaid cards, laws and regulations. But with the development of prepaid card transactions, we are imperative to establish the appropriate legal norms, which are to protect the orderly operation of a prepaid card market and promote their development, while protecting the legitimate interests of public safety and financial order. Therefore, this paper wants to explore the analysis, trying to find a prepaid card in line with our operating management system features.This paper uses a comparative analysis and investigation. Mainly by introducing the development of prepaid cards, prepaid cards on the management of international experience to analysis to establish how beneficial our consumer protection, healthy development of the prepaid card market, the legal regulation. Divided into the following sections: the first part of the definition of prepaid cards, prepaid cards to find out the legal definition of the major countries, to distinguish the main types of prepaid cards, prepaid cards to explore the main features. The second part, the part from start to understand the historical development of prepaid cards, prepaid cards in the main issue then analyzes the relevant state regulations. Due to the current prepaid card management in the U.S. and Japan, typically, this section also analyzes the two countries on how to manage advances. The third part, after the historical origin of prepaid cards, as well as analysis of relevant national legal system, to explore how to build to adapt to the development of prepaid card system of legal norms. Mainly from the following analysis: what kind of legislation to establish patterns, how to establish access mechanism, the operation of prepaid risk oversight, the issue prepaid card issuers and users of illegal violations of the law regulation, regulatory body of the analysis.