The Government Regulation Of The Third Party Electronic Payment Platform In Our Country

Along with the advancement of commercialization on the Internet,especially the rapidly expanding and popularity of network transaction,the independent fund "middle platform"-the third party electronic payment platform which guarantees the interests of both sides and under the banking supervision quickly comes into the life of the mass because of its advantage of "pay intermediary","the function of credit guarantee".And Alipay occupies the market share of more than 50%in a short span of a few years,which becomes the most rapid development,the most representative one of the third party electronic payment platforms.The third party electronic payment belongs to a new industry,and the system of laws and regulations and so on matching to it is still not perfect,the industry standardization is still insufficient.At the same time,the third party electronic payment is involved in the virtual transaction,electronic currency,credit payment,precipitation funds,it's easy to be risky,and its social harm is big.Therefore,we must strengthen the government regulation of the third party electronic payment platform.In this paper,Alipay is used as an example,which occupies a major third party electronic payment market share.First of all,we combed the development process and current situation of Alipay platform in detail,in order to provide the basis for effective intervention of government's rules and regulations.Secondly,further discussions are given on the necessity and feasibility of government regulations on Alipay.Under the maturity requirements of the industry and the monopoly risk,credit risk,financial risk,the government must take relevant measures to regulate Alipay.Thirdly,this paper introduces the current situation and problems of government regulation,summarizes the foreign experiences of third-party payment,and offers reference for our country.Finally,we put forward the proposal to improve and optimize the third electronic payment platform of our country from the legal,institutional and operational level.Through a series of measures,we want to establish a system of government regulation on the third party electronic payment,which adapt to China's concrete practice,and to optimize market environment of the third party electronic payment industry.