Research On The Supervision Of The Third Party Payment In Our Country

In recent years,with the rapid development of internet technology,the third-party payment have a better development platform,as well as the participants of market have more opportunity.But many problems exist in the third-party payment have been taken place with many risk events' occur,such as poor regulation,the lack of a unified industry standard,relevant laws and regulations do not reach the designated position,etc.In the long run,it will become the important factor that cause economic instability.So,pay attention to the third party payment risks,and improve the regulatory system fundamentally is necessary and essential.At present for the third party payment research also has the very big space,the existing literature is separately study the risk and legal,but in fact risk and not perfect regulatory system is inseparable,and laws and regulations are constantly introduced,in order to put forward practical suggestions,research on regulatory issues must be to a comprehensive analysis of the existing rules.In this paper,risk events lead to the third party payment risk of the platform and the customers,and have a comprehensive analysis for existing laws and regulations,based on these,then propose the problems of supervision and the suggestions to improve supervision.Specific contents as follows:This paper first introduces the basic content of the third party payment,including the definition,characteristics,pattern classification,financial function and development status of the third party payment.Followed analyze the risks faced by the third-party payment platform and customers,the former is faced with the compliance risk,liquidity risk,credit risk,competition risk and technical risk,the latter is faced with existing information security risk,credit risk and financing risk.Then summarized our country third party payment regulatory status,based on the risks of third-party payment platform and customers,analyze the problems of the third party payment regulation,such as regulatory system is not sound,static regulation is unreasonable,anti-money laundering system is not sound,as well as not enough protection of consumer rights and interests.And then compare related work in supervise the third-party payment of the European Union,the United States and the Asia-pacific region,provide some suggestions for improvement the regulation of the third-party platform in China.The suggestions are perfect third party payment legislation and regulation,establish a classification regulation and dynamic supervision system,both innovation and standardization,the establishment of a relatively flexible excess payment control system as well as the legitimate rights and interests of consumer protection.Finally,put forward suggestion of perfecting our country's regulation of third-party payment system in the form of regulatory framework,suggestions are: improve the regulatory organization structure system,confirm the main content of regulate,improve the regulatory measures,make full use of the technique of regulate.