The Market Access Rules Of Prepaid Cards

With the rapid development of market economy, the traditional payment mode is difficult to meet the diverse needs of consumers, the prepaid card is more suitable for customers.. However, the mode of payment in this emerging market, also failed to play a regulating role effectively, various problems occur in practice. Scholars have put forward many suggestions, some scholars advocate strict market access system to guide the development of the consumption market, some scholars claim to use the administrative guidance mode to guide the growing development of prepaid consumption, some scholars advocate the implementation of administrative record system. In order to safeguard the legitimate rights and interests of consumers, and regulate business activities of the operators, to promote the healthy development of prepaid consumption market, the author will make a detailed research from the following five parts of the prepaid card market access system.The first part is the introduction, from the case and the social research, the author get this problem to discuss. By discussing and analyzing the problems, so as to determine the problem is a significant problem. It is worth spending time to do much more research and find some rules to help consumer protect their rights.The second part of this paper analyzes the rise and development of prepaid cards, and then analyzes the advantages and disadvantages of the traditional payment mode and a new payment model with the innovative points, then, It can be seen that the prepaid consumption is the inevitable trend of economic development, and it is good to both consumers and operators. This new payment mode will become one of the mainstream mode of payment in the future industry. It will change the traditional way to trade, In addition, By analyzing the present situation of our country, consumption problems and the reasons, we can see that the market is not useful to solve the various problems. It is difficult to solve the problem that appears on the market at present. If we want to change the situation, we can not just rely on the market rules. In order to improve the developing level of the prepaid consumption market, the government must take some action to regulate the behaves of operators and find new ways to change the situation.The third part analyses the idea that advices to establish a strict access system and the opinion that opposes to it. First, analyze the current regulation on prepaid consumption in most countries and regions of the world, the general supervision of the main financial management, then, we can to make a conclusion that there is a strict examination and approval system for multi purpose prepaid card. On the contrary, there is a easy access system for the single purpose prepaid card. This part is significant to our future regulation of prepaid consumption. So we can see a lot of useful measures to guide the prepaid consumption market by analyzing the practices of other countries. Thirdly, through analysis on the present view of our own country, it is obvious that the strict examination and approval system of the multi purpose prepaid card in essence is the administrative license system. It needs to meet the three standards. Such as, it needs to coincide with the public welfare standard, moderate standard and cost standard. In addition, it also needs to meet the requirement of "administrative licensing law". Through further analysis of the multi purpose prepaid card and single purpose prepaid card, the author thinks that the multi purpose prepaid card needs to be set strict examination and approval system, in accordance with the requirements of the administrative licensing law. On the contrary. Single purpose prepaid card, it does not need to set the administrative licensing. Different cards have their own feature, we can not just make one standard to solve all problems. What is more, the present law is not sufficient to regulate all people and their actions. The rules of the special organization is also not enough and useful. So we have a need to do more research and find a efficient way to guide the action of all people in the market and build a reasonable system to solve the various problems. However, the system of administrative guidance is not mandatory, matched with the need of the administrative record system, give full attention to the requirement of consumers and the need of operators, it is a better way to balance the relationship of the two sides. At the last, the administrative licensing for the record system and administration are essentially different, more in line with the law of the development of the market, more conducive to the initiative of market main body, in line with the development status of single purpose prepaid card, is an effective way of supervision. Through the analysis of this sector, the author supports the idea that the different prepaid card should take different market entry modes. The way to manage Single purpose card must be made in accordance with the reality and meet the various demand of the market. Guidance from the government department is more reasonable to regulate the single purpose card.The fourth part is about the advice to regulate the prepaid consumption market. First of all, a clear statement of the multi-purpose prepaid card is to implement the strict examination and approval system, the issuing body of the multi purpose card must have certain qualifications. By submitting the relevant materials to the people’s Bank of China, the body that releasing the multi purpose prepaid card can get the approval of the people’s Bank of Chinese. Secondly, single purpose prepaid card regulation systems in combination with the compulsory administrative record system and some other system to regulate the market. By using the compulsory administrative record system, the government department can get a grasp of the market and record the necessary information. Then, consumers have a more convenient way to get all the materials they need. In addition, it is also useful to guide the action of the operators and make the details of the sample contract. What is more, by using the auxiliary information publicity system, it can regulate the market of the single purpose prepaid card and build a strong system to make the rules for people to observe.The fifth part of the full text is to summary, it is not only point out the opinion of this paper, but also give us a clear idea that different prepaid cards need the regulation of different access systems in order to promote the development of prepaid consumption market.