Virtual Account Payment Mode Analysis And Problems Discussion

This thesis focuses on the research of the virtual account payment.Nowadays, the development of EC (electronic commerce) has become one kind of current in the whole world, which has received the attention from all parts. Why do people actively put their eyes on EC? The reason lies that the new transaction mode is not only the commerce, but also change many people’s life. People focus on EC because it bases upon internet and emerging computer technologies, which has enabled EC to get some potential advantages such as low cost, conveniency and so on. In recent years along with the development of China’s internet and the increase of the crowds’on line activity, EC has made tremendous progress in China and become common interests of the whole society. The thesis is trying to begin with the aspect of caring for and promoting the development of virtual account payment, make a research on the problem existing in virtual account payment, and also trying to bring useful solutions so that can be of some meaning to the practice, which will be the fundamental outline of the thesis. In regard of the elements which have a close relationship with EC, the cash safety and conveniency are two important points, so I will launch the discussion on the center of online payment tools.In the second chapter of the thesis, firstly I will describe payment tools, including traditional and online payment tools. Because EC is on line, people can’t do payment by the traditional payment tools. Therefore the limits conduce to the online payment tools appeared and develop. At the beginning the popular online payment tool is payment gateway. A main viewpoint I propose in this thesis is: along with the development of EC the internet shopping is more and more popular, the defect of payment gateway have appeared, such as the medium of payment is singleness. Because the characteristic of the internet shopping are plentiful consumer and an amount is little, so the virtual account payment adapt to this new trade. In the third chapter of the thesis, I mostly introduce the virtual account payment. The current third-party academic studies, mostly to pay close attention to the entire third-party research conducted almost did not specifically described in the virtual accounts literature. This paper argues that the virtual account for a third-party payment platform within the platform for the user to open a special account, a user registered on the platform will have personal exclusive payment and transaction management account, which can be used for users to recharge, query, mentioning such operations are. Virtual account payment has functions of accounting account and bank account. When the buyer is taking delivery of goods and carrying out payment, the payment for goods is actually transferred from the buyer’s virtual account into the seller’s virtual account by third-party payment platform. Third-party payment platform system in general can be divided into two subsystems, namely Deposit Withdrawal subsystem" and "Platform to pay subsystems", "Deposit Withdrawal subsystem" is mainly used for the virtual account from the bank account to refill, and the virtual account of the money into bank accounts. "Platform subsystems to pay" is received the buyer sends the payment platform, the "confirmation receipt" command when a virtual account payment from the buyer to the seller’s virtual account transfer. After the seller can use the "Deposit Withdrawal subsystem" will be paid to their bank accounts or taking mentioned are such as are now operating. In this chapter, I also cited the more commonly used in the present case of a virtual account:campus cards and mobile payment.Based on the analysis of argument, the virtual account payment mechanism may exist in a number of issues in-depth. Analysis of the fourth chapter focuses on these issues listed and analyzed, which can be divided into two categories: financial risk and legal issues.In the fifth chapter of the thesis, I propose solutions including managed accounts, the new payment organizations, online banking, legal regulation, industry self-regulation.I hope the analysis about virtual account payment I make in the thesis will cause the research to be more realistic.