The Regulation Of The Third-Party Payment On The Economic Law

Since the development of the third-party payment industry,it has experienced several stages from the germination to the vigorous development,it has begun to take shape.As of September 2016,a total of 267 payment institutions to obtain the central bank issued the third-party payment license.Among them,the leading enterprises Ant financial service's Alipay registered users has exceeded 800 million,includemore than 270 million activity users.So the third-party payment has had a profound impact on our lives.But,opportunities and challenges coexist,the third-party payment as a market of new things,the system is not perfect.The explosive growth also inevitably bring about the corresponding problems.Since 2016,the government has strengthened the supervision on the third-party payment,which causes a major industrial restructuringpattern changes.Therefore,based on the compatibility between the third-party payment and the economic regulation,this paper makes use of the market-decision theory and the risk distribution justice theory,combined with the social co-governance and prudential supervision concept.In this way tries to construct the third-party payment system on the economic law.In the first part,the paper talks about the basic theory of the third-party payment.First,it explains a new method called "quick pass",which is also belongs to the third-party payment.This paper discusses the payment method war between the quick pass payment andAlipay,Wechat pay.After that also discusses the method and property of the quick pass payment.Secondly,this paper discusses the concept of the third-party payment and its development process and the specific mechanism.The second part of the article is aimed at the current situation of the third-party payment.Analyze the legal issues arising from the payment.These legal issues can be divided into institution framework,regulatory system,and the risk of payment.Based on these three aspects,this paper covered all the matters particularly.The third part is to be analyze the reality paradigm of the third-party payment regulation on the economic law.This part mainly divided intotwo parts,the necessity and legitimacy.First of all,it is necessary to study the necessity of third-party payment according to the economic concept of "information asymmetry","network externalities" and "group irrational behavior" and other economic ideas.Then analysis the necessity of legal regulation of the third-party payment.As to the legitimacy,this paper emphasis the correspond to economic,and the effectiveness of the third-party payment and economic regulation.In the fourth part,we talk abouthow to the achieve the path of regulation of the third-party payment on economic law.Combining with the concepts of market determinism,risk distribution justice,social co-governance and prudential supervision.At the same time combined the economic jurisprudence with the concept of management,economics and sociology to study the regulation of the third-party payment.From the four levels like market entrance or exit,as well as the operation of various problems,this paper puts forward a practical andeffective system design and path planning.