Our Country Credit Card Transaction Security Mechanism For Legal Issues Research

Credit card payment is issued by commercial Banks with consumption, credit,settlement, access cash transfers all or part of the function of the electronic paymentcard, the electronic currency. Credit card on the use of high-tech content much morethan other traditional payment tool, which has four functions, make people’s economicintercourse more concise, quickly accepted by the public widely and use.Due to thecredit card business is seeking high profits and high returns, all card issuers has astrong interest, so the credit card a good momentum of development in Europe andthe United States and other developed countries.Since1985, the bank of China issuedthe first bank card in China, after20years of hard efforts, since then does credit cardindustry in China has made great progress, and initially formed a certain scale, in theaspect of promoting the development of the socialist market economy has played acertain positive role, promote the financial business in China into the internationalmarket, also in the growth stage of rapid development.Because of the high profits of credit card business, it also will bring high riskexists. Whether foreign mature and emerging markets in China, the credit cardtransaction security problem has always been a highly attention.Matter-of-factly said,because the credit card industry in China is still in its infancy, compared withdeveloped countries, China’s credit card industry overall competitiveness also there isa big gap exists unbalanced development in various regions, card consumption, cardhas not been formed culture of safety environmental mechanism lacking construction lag, card, credit card accepted by market penetration is low frequency and themerchant has not yet been fully established, market operation and managementsystem, credit card operator’s service quality is not high, credit card security riskmanagement ability is insufficient, and many other problems.Reasons for theseproblems include the absence of relevant legal system of credit card, credit card,safety regulatory system is weak, the credit card transaction concept is weak, lack ofcredit environment and other factors.If can’t improve the transaction security, will notonly hinder the large-scale development of the credit card industry in China, morewill affect the credit card industry in China to participate in the international creditcard market competition under the financial globalization.Because of this, this articleattempts to find out from credit card many problems existing in the practice of thefocus of the conflict, explore the reasons of the existence of credit risk, and byanalyzing the legal relationship of the parties in credit card transactions, and finally tothinking about the perfection of legal system of credit card transaction security.This paper tries to explore from four aspects and the research on commercialbank credit card security mechanism.In the first part, introduced in this paper, we adopt the way of enumeration caseof credit card security trading practice situation, aims to put forward questions, thesequestions is of typical significance in today’s society, the court has heard many similarcases, is worthy of our reflection and thinking.In the second part, this article mainly analyzes the credit card security tradingsystem of the status quo, made some list to the current law system, but also to thecurrent system and business development of all kinds of problems are analyzed anddiscussed, and finally to produce concise analysis of the deep-seated reasons for theseproblems.In the third part, this article mainly from four aspects to analyze the constitutionof the legal relationship of credit card transactions. Including credit card between cardissuers and the cardholder, card issuers and special merchants, card holder and specialmerchant, card issuers and accept single institution legal relation and the rights andobligations between the relationship. In the fourth part, this paper put forward the legal system for credit cardtransactions security perfect thinking, including the concept of thinking, the analysisof the typical system of risk and responsibility to perfect the supervision system,transaction security of commercial bank risk prevention recommendations as well asthe construction of social credit system. Around the security mechanism of credit cardtransactions in full aspects, from the above several aspects are discussed.