Research Obligation Prepaid Card Issuer In

Nowadays, prepayment consumption has flooded people’s consumption activities.Consumers can purchase goods as well as obtain services through prepayment. Meanwhile,payment by prepaid card has become more and more popular among consumers. Buyingprepaid card is a precondition to proceed with prepayment consumption. The fact thatprepaid card is on one hand pursued by issuers and sellers and on the other hand acceptedby consumers fully proves that it is in compliance with market rules and requirements.However, some problems during the issuance of prepaid card may bring on possibleinfringement to consumer’s rights, which need to be regulated by law, in order to protectthe consumers’ legal rights and interests. The study of inform obligation during theissuance of prepaid card in this thesis shall have theoretical and practical significance.1)This thesis introduces the definitions of prepaid card by experts in many countries andareas, clarifying characteristic and classification of prepaid card;2) This thesis proceedswith the study from a comprehensive, systematic and thorough aspect, conceiving theconstruction of legal scheme to regulate the inform obligation in the issuance of prepaidcard. Based on the current situation in the laws and regulations in our country concerninginform obligation in the issuance of prepaid card, this thesis aims at a more comprehensive,systematic and thorough study on the inform obligation, for the purpose of improving thelaws and regulations in the issuance of prepaid card from both theoretical and practicalaspects, in order to achieve the ultimate goal for protecting the consumers’ interests.The first part of this thesis introduces the concept and characteristic of prepaid cardreferring to the definitions provided by experts from the country and abroad and classifiesthe prepaid cards, according to the scope of issuance and application, into single purposecards and multi purpose cards. The second part, based on asymmetric information theoryand good faith principle, elaborates theoretical importance of the study on the informobligation in the issuance of prepaid card and illustrates practical importance of such study,considering the circulation and volume of use of prepaid cards in our country as well as theinfluence of such cards to the country. The third part provides an idea of construction oflegal scheme regarding inform obligation in the issuance of prepaid card from subject andcontent aspect. The fourth part introduces the current situation of laws and regulationsabout inform obligation in the issuance of prepaid card in our country and proposesrelevant suggestions to improve the current structures of the said laws and regulations.As a conclusion, this thesis sums up the measures to improve the current legal framework on inform obligation in the issuance of prepaid card, including enhancing current laws andregulations, promoting effectiveness of laws and regulations, establishing specificsupervisory agency and providing corresponding publication information and blacklistsystem, in order to protect the consumers’ rights and interests from the source and establisha good prepayment consumption market order.