Research On Legal Issues Of Third Party Payment Platform In Network Transaction

The third party payment platform is under the background of the rapid developmentof electronic commerce, to solve the problem of trustworthiness and security of onlinetransactions arises at the historic moment. Electronic commerce been applied more widelyin modern society, the higher the requirements of the online transactions, especially for thesafety requirements. The appearance of the third-party payment remit the phenomenonthat the business men have no faith in the consumers, while the consumers have noconfidence in the merchants. As a medium between business men and consumers, as theconnector between the merchants and the Banks, third-party payment platform will faceboth opportunities and challenges. The third-party payment platform in our country hasbeen progressing recently, for the whole electronic commerce and the national economy isof great importance, but there are still many imperfections. The "non-financial paymentservices management method" was announced on June14,2010, monitor and administratethe third-party payment industry in our country, the law been formally announced on June21,2010, and been applied on September1,2010.Then on December in the same year, thepeople’s bank of China anounced the application details "non-financial payment servicesmanagement method". As our economy system been progressed and boosted, the legalsystem of the third party payment platform arise some vulnerable factors,the law can notdeal with the reality effectively, it confines the blossom of the electronic business in ourcountry, on the other hand,once the issue of the third-party payment platform been solved,it will become a main method to perfect and advance the development of our onlinepayment. Through the evolution of the third party payment platform in our nation, andthe study of the related legal problems, as well as integrating the related formulations ofthe foreign law, this article aims to propose interrelated Suggestions to settle those matters,in order to guarantee the health development of the third-party payment platform in ourcountry.