Basic Legal Regulation Of Commercial Prepaid Cards

With the rise of third-party payment market, prepaid consumption has beenthroughout our daily lives and provides us with a more extensive service offerings.But when we are enjoying great convenience our commercial prepaid cards brought tous, increasingly prominent judicial dispute also gave us a wake-up call. It exposedthe lack of fatigue-related and regulatory regime. Therefore, mainly through casestudies and comparative research methods to sort out this article typical case on thecurrent judicial practice, tease out the focus of the dispute, in order to find the perfectpath.Chapter Ⅰ，analyzed the current legislation from a macro perspective, mainlyfrom three different levels of legal regulation sort of legislation. There are some gapsin the legal aspects of legislation and regulations, and for the regulation of prepaidcards departmental rules embodied in the field, while a programmatic document of thecentral agencies and local industry associations, also the issue of different levels ofregulation. Therefore, by combing the existing legislation, the reader can be faster onthe legislative commercial prepaid cards have a more comprehensive understanding.At the same time I will compare it with the Securities and characterized as asettlement tool, bond certificates, financial instruments and have marketing toolattributes to make relevant recommendations to improve theoretical foundationbelow. Chapter Ⅱ, started from the microscopic point of view, detailing the status ofprepaid inheritance system, introduced by a typical case, the status of inheritancesystem introduced in Japan, and to identify shortcomings and to explore the status oftoday’s commercial prepaid cards inheritance system further sound path.Chapter Ⅲ, lead the stored money stolen liability issues through the brush when theintroduction of a typical case, and through the introduction of the margin for the caresystem in Japan and the U.S. deposit insurance system, pointing out that moneydepository system of prepaid cards that can be further perfect direction.Chapter Ⅳ, by sorting out a few typical cases, revealed the presence of defects inthe information disclosure system on commercial prepaid cards resulting in consumerrights in particular road is not smooth, Japan’s information through the registrationsystem and reporting system introduce Taiwan to be recorded and not recorded inmatters that should start to improve our information disclosure system from mainlandChina to strengthen self-regulation of industry associations, the implementation ofstandardized contract documents such as the judiciary and the tilt protection in theseareas.