Research On Risk Management Of China Ums Acquiring Service

Traditional payment is mainly based on bank transfer,check,or online transfer through electronic banking,but these payment methods are often cumbersome,which is difficult to meet the needs of e-commerce development.In this context of payment bottlenecks,the third party payment industry,as a payment intermediary,came into being.Since the beginning of 2002,the third party payment market has gone through the transformation process from scratch,from a few people to everyone.The development situation is very intense,and occupies a more and more important position in business activities and daily life.This momentum has led to a double rise in the number and size of the third party payment enteprises.In the business layout,the large scale third party payment enterprises generally adopt a diversified and differentiated development strategy.The traditional payment function of banks is replaced by traditional receipts business,generation payment business,mobile payment business,generation payment,credit card repayment and convenience services.The vigorous development of the third party payment is determined by its own advantages,but the rapid development is usually accompanied by a vicious competition in the market,management is not standardized,technology updates rapidly,safety measures are not in place and other aspects of the problem,we can be the risk faced by the industry in general is divided into three categories:laws and regulations,market risk the risk and business risk.With the field of legislation,improve regulatory policies to improve step by step,the framework of the legal supervision and management policy has been basically formed,the basic laws and regulations to do according to the law,but also the market risk analysis and management of other industries,in this case,the research on the third party payment industry business risk in the three categories of risk the most urgent need more theoretical basis.The business risk can be roughly divided into two categories,including the single business risk and the innovative value-added business risk.This paper mainly focuses on the stratigraphic analysis of the single business risk.Acquiring business risk situation more,including false application,development of prohibited businesses,two liquidation,platform intervention,cash,pseudo card transactions and other types of risk,for these risks,the author in my work unit_China UnionPay business on the risk management of acquiring business process as an example,from risk identification,assessment study on analysis and control three third party payment companies acquiring the risk management process.The first step of risk management is risk identification,this article from the policy compliance risk,account information disclosure risk,credit card risk,false trading risk,the risk of money laundering risk,malicious chargeback,terminal security risk and cooperation risk nine risk direction demonstrated silver commerce as acquirers to recognize income single business risk.In step of risk assessment based on UnionPay business data analysis and verification of a large number of communication,set up business classification and risk assessment system,acquiring the risk based on the perspective of risk according to the type most prone to a single business operation,through the establishment of no dimension risk score formula quantitative risk assessment of acquiring businesses.Risk control,based on the general idea of UnionPay business risk management,establish the risk control process effectively,through the actual case interspersed with the way of new types from acquiring business risk management and access stock received two aspects of single merchant risk management are discussed,and the existing form of intuitive expounds the risk control method.