Analysis The Problem Of The Precipitation Funds In Third Party Payment In Our Country

Because of the financial on internet has the characteristics of unrestricted by timeand region, the economic activities around the world has become more and moreconvenient. The scale of the third party payment has increased from3trillion in2009to17.2trillion in2013, just in four years, the size has increased five times as much. Theincreasing of the third party payment is closely related to the improvement of networkand wealth of citizen. This article will through the prosperity phenomenon of the rapiddevelopment of third party payment and the current financial environment in ourcountry, then reveals the risk of the third party payment, such as technology risk、legalrisk and financial risk of precipitation fund. We will focus on the risk of theprecipitation fund in third party payment platform to analysis. From the microscopeview, too much precipitation fund in the third party payment will bring the operatingrisk and liquidity risk; From the macro view, the fund will has a deep influence to thenational economic system, especially for the currency and monetary policy, evenbecome a potential risk of inflation.That means, everything has two sides, in the currency trend, the third partypayment has get an unprecedented breakthrough. But the hidden risk of the precipitationfund has become a big threat to the stable operation of economics and the effect ofpolicy regulation. For this part, we will use the knowledge of the classical monetarytheory, from the traditional quantity theory of money to the Keynesian monetarydemand theory, then we will do some theory exploration for the mismatch of themonetary cause by the precipitation fund in the third party payment. Then we can get aconclusion of the precipitation will have a big influence to the inflation. Then, we usethe econometric model, analysis the precipitation in third-party payment business, thenwe carried out the impact of inflation, and explains that with the greater monetization ofthe economy, network economy is more and more frequently, more precipitation fundswill increasing as a certain mount with the economic developing. In this way, we are intwo aspects of theory and empirical explained in this paper, the third party paymentplatform of precipitation funds for research is necessary.So, in the last chapter of this article, we are using the experience of other countriesfor the third party payment regulation mode, we are put forward some suggests to theprecipitation funds in the third-party payment platform according to the existing risk ofmicro and macro conditions. For the microscope view, the third party payment platform can plan the precipitation fund as long-term cash flowing with a steady attitude; For themacro view, the government should make some laws to certain the role of third partypayment legally, and clarify the concept of precipitation fund in third party payment,then do the supervision system to them, and through the establishment of cover systemand risk protection fund to ensure the safety of the capital flow of the third-partypayment platform. The purpose of the controls of the precipitation fund in third-partypayment platform is only to ensure the smooth operation of the network financialoperation, and reduce the mismatching of monetary inflation risks, in order to realizethe healthy development of social economy.