Studies On Development Of China's Online Payment Security Insurance

Since the 21st century, along with the popularity of the Internet gradually deepened,web-based online payment has been developed. Online payment is arises at the historic moment under the new era of a new type of Internet trade method, changed the traditional trading methods face to face, the docking is to use the Internet to buyers and sellers trading activities. So, they reduced a lot of time in the process of production, the sale, simplifies the middle link in the process of product sales, to shorten the distance between the buyers and sellers, many of reduced transaction costs, make the market more concise China; At the same time, it will bank resources highly integrated, so as to make the online trading efficient; In addition, it will bring the enterprise more consumers, make the enterprise enhance its efficacy, make enterprise with unlimited business opportunities.Therefore, the online payment industry on the basis of their economic, quick,convenient and efficient advantages make its development present a blowout. The search for China's online payment related data shows that in the second quarter of 2016, about the size of the Internet payment is 4.65 trillion yuan, up 6.5% over the previous quarter,contrast the market share of each APP, can be found wealth tenpay, alipay, unionpay business like last year is in the top three, which occupy the first is to pay treasure, its market share is 43.39%; The size of the deal with net silver is 618.8 trillion yuan, up 10.6% over the previous quarter. Compared to pay industry development in full swing,the current our country about online payment security related legal lag obviously, the effect of the legislative level are low, and the government and regulators regulation of online payment is not strong, mainly concentrated in the bank and the bank on the net,legislation in the field of third-party payment is a defect, is neither complete nor comprehensive, the development of the personal online payment industry in China by this drag on, is facing a huge security risks. At the same time, due to the lack of legislation in our country, the complexity of the network environment, network payment mechanism of potential moral hazard, low threshold properties of online payment and shortage of market exit system, financial market transactions the asymmetry of information, lead to cannot effectively guarantee the payment of consumers' rights.This thesis mainly divided into four parts, the first part is case introduction, this article selects 2016 China helped launch the first custom products - "individual account fund safety insurance" as a case; The second part is to analyze the relevant products,through the new product reflects China's online payment security insurance current situation and problems in the process of development; The third part analysis the process of the development of China's online payment security insurance constraints; The fourth part in view of the development of China's online payment security insurance gives some related countermeasures and Suggestions, in order to better develop China's online payment security insurance.