Operational Risk As The Core Of The Third Party Payment Risk Research

The popularization of Internet and the rapid development of e-commerce, the third-party payment arises at the historic moment. In the imperfect credit system in our country, the third party payment in B2 C and C2 C transactions have played an important role in intermediary services, credit guarantee. Thus, the establishment of the third-party payment platform quickly got the merchants and customers’ trust, was born in e-commerce, in return for its great role in promoting. According to Analysys Analysys, a think-tank, published "China’s third party mobile payment market quarterly monitoring report in the third quarter of 2015, according to data, in the third quarter of 2015, China’s third party mobile payment market size of 4.3914 trillion yuan, rose 26.39%. Therefore, third-party payment market in China has a broad development prospect and huge development potential. But, as a new industry market, in the development process of the third party payment market is facing many risks, therefore, the third-party payment market risk measurement and control is particularly important.In this paper, through using the method of literature review and sum up method, case analysis of operational risk as the core of the third party payment risk were expounded and the research, through quantitative research and qualitative analysis method of combining the methods of operational risk regulatory costs has carried on the empirical research, draw the conclusion: the third party payment operation risk exists serious thick tail phenomenon, and if only for risk supervision afterwards, regulatory costs is the loss of around 6 times. Finally, according to the result of empirical analysis and foreign successful experience for reference, and combining with the actual situation in our country, to avoid the risk of third-party payment, to reduce the regulatory costs, improve the regulatory effectiveness put forward the corresponding policy recommendations.