Research On The Supervision System Of Third-party Payment Platform

With the development of e-commerce,the third-party payment platform uses its own characteristic of convenience developed rapidly in recent years in China.Along with the constant expansion of the market the regulatory problems are increasingly prominent.United States and some European countries have their own national conditions to work out payment platform to third-party regulatory legislation,and built a sound of regulatory system and consumer protection measures.Because the legislation to the third-party payment platform in China is relatively backward,there are some problems in the regulatory body,payment management,market entry and exit mechanisms and on consumer protection.So there is an urgent need to speed up the pace of perfecting the regulation of the third-party payment system to ensure safe and stable operation in the market of the third party payment.In this paper,the text part includes five parts,the first part is introduction,mainly to briefly describe topic basis,purpose and significance of topic selection,the research and development of the regulation of the third-party payment at home and abroad,and the research methods and innovation of this article.The second part is the introduction of the third-party payment,mainly on the definition of the third-party payment platforms and its types,characteristics and the history of the development,and also give a brief description on the supervision of third-party payment platform.The third part introduces the foreign third-party payment platform system of regulation,in this part,by using the method of comparison,first explained in detail of the United States and the European Union regulation,supervision system,settling financial aspects,and then made some can do things that we learn from foreign experience to provide the basis for the perfection of the regulatory system.The fourth part is the regulation of the third-party payment in China and the existing problems,seek the laws and regulatory measures in order to find the gaps and loopholes in the present regulatory regime.The last part is the proposal for perfecting the supervision of third party payment platform,including raise the level of the law,publish the special legislation;to create a comprehensive regulatory system which the center is the People's Bank of China and others organizations cooperated positively;turn down the threshold for market access and improve the market exit mechanism;strengthen the supervision of the excess reserves and the protection of consumers ' rights and interests.