The Comparative Study On Legal Supervision Of The Non-financial Institution Payment Services

Non-financial institution payment service is a new payment method, which emerges within the development of information technology. It brings the alternative payment products, which are portable and efficient, to the payments market, but it also brings new legal challenges. United States and the European Union, as non-financial institutions payment services first appeared country and region, have adopted legislation on non-financial institutions payment services to strengthen the supervision. China's non-financial institution payment service is developing rapidly, but there are many blank and faulty places in the legal system. Study and learn from foreign experience of legal supervision on financial institutions payment services, to establish and perfect the legislation of our country,has the extremely vital significance.In this paper, Based on the people's bank of China promulgated "non-financial payment services management method", through comparative study on the relative legal system of American and European Union, brings forward relevant theoretical Suggestions. Paper is divided into five parts:The first part:It summarizes the non-financial payment service and the legal supervision. In this section, focuses on the concept, classification, development and the market situation of the non-financial payment. Furthermore, it focuses on the concept, content, and legislation of the non-financial payment service legal supervision.The second part:It compares the legal supervision on the market access of the non-financial payment service. It mainly introduces the United States and the European Union relevant non-financial payment services market access for legal supervision measures. It combines with the actual conditions of our country, and finally reaches the perfection of our country in non-financial payment service market access for legal supervision.The third part:It compares the legal supervision on the precipitation funds in the non-financial payment service. It mainly introduces the United States and the European Union relevant non-financial payment services precipitation funds for legal supervision measures. It combines with the actual conditions of our country, and finally reaches enlightenment of perfection in our country in non-financial payment service precipitation funds for legal supervision.The fourth part:It compares the anti-money laundering laws supervision on the non-financial payment service. In this section, it focuses on the Cross-border pay legal supervision measures in U.S.A and the European Union. Through the analysis, it gets the perfection of the anti-money laundering laws regulatory enlightenment in non-financial payment services of our country.The fifth part : It compares the cross-border payment legal supervision on the non-financial payment service. It mainly introduces and compares the cross-border payment legal supervision measures in U.S.A, the European Union and China. Furthermore, it reaches the enlightenment about completion in non-financial payment services cross-border pay legal supervision measures in China.