Trust Law Thinking Of The Third-party Payment

Third party payment is through the use of information network technology using a standard connector platform provider to establish a connection with the online trading body, which in the bank, and thus able to achieve consumers to online merchants, financial institutions, online currency delivery, cash flow,cash liquidation.Third-party payment of legal relationship can be understood from the perspective of trust, defined trust and legal relationship for third-party payment, the buyer is the principal third party beneficiary, third-party payment agencies specified by the trustee, the buyer or the buyer. Payment of precipitation in the third-party payment platform for the trust property, with an independent status, independent third-party payment institution’s own property, third-party payment platform must be in accordance with the purposes of the trust management and disposition of the trust property shall not be used for other purposes, the precipitation of funds yield according to the trust theory should ultimately be attributable to the beneficiary.Third-party payment system of legal norms is not fully developed, to ensure that the legal status of third-party payment agencies can reasonably standardized operations must be a clear third-party to pay the principal, to strengthen the establishment of the regulatory system, establish and improve the responsibility system, strengthen the capital of precipitation management, according to the basic principles of trust to establish a complete legal system of third-party payment.