Research On Risk Management Of Third Party Payment

The year2013is known as the "Internet financial year". Since2013, the Internet financial has become an important milepost of China’s financial industry. YuEBao of Alipay company, has turned up in June13,2013. Cooperating with TianHong——a fund company, YuEBao attracts consumers by higher income. By the end of2013, the amount of consumers in YuEBao has been more than43million, and the scale of money has break through18million yuan. In2013, the overall market scale of the Internet third party payment reached5372billion, and grown46.8%. In2017, the market size of our country’s Internet third party payment is expected to reach18480billion. Therefore, our country’s third party payment market has a very broad prospects, and still has great potential for development. However, as an emerging industry, the third party payment market will be faced with various risks. Therefore, risk management research becomes particularly important to the third party payment industry.This Paper discusses the third party payment based on the present situation and operation mode of development. Then analyzes the main risk existed in the third party payment mainly from two aspects——the business and system. Business risk mainly introduces legal risk, financial risk, market risk, credit risk and reputation risk. System risk mainly introduces hardware risk, software risk and network risk. Finally, based on analysis of foreign third party payment regulation, this paper puts forward corresponding suggestions and effective supervision.