Study On The Legal Regulation Of Commercial Prepaid Cards In China

With the progress of the ever-changing information technology and micropaymentmarket innovation, the commercial potential of the prepaid card is in the ear spread toevery corner of our daily life. Both high-end fitness club, golf course, high-end clubs ora large department store, beauty salon, subway and bus, or even shoeshine, laundries,commercial prepaid card can be seen. Indeed, commercial prepaid card is convenientfor public micropayment, boosts consumption, reduces the cash use, has a certainpositive role. But there is no denying the fact that because of the characteristic of thecommercial prepaid card of itself and the legal regulation system is not perfect, so thatit cause a lot of problems. This paper is aiming at some of the major problems in theprocess of legal regulation of commercial prepaid card, analyzing its reason, proposingtargeted countermeasures. Specific include the following four parts:The first part is mainly commercial prepaid card overview. The author defines theconcept of the prepaid card, carries on the simple introduction for its classification andfulfillment process and its basic characteristic,and analyzes the legitimacy and therationality of the prepaid card.The second part elaborates the commercial prepaid card in some of the problemsin the process of legal regulation, and analyzes the cause of the problem. Status quodescribes the problem that is mainly from the commercial prepaid card in process ofthe consumer use and distribution, and sums up the reasons are as follows: the lack ofa sound legal system, the operator lack of integrity, the illegal cost is low and consumerego to protect consciousness is poor.The third part mainly borrowed from the United States, Japan and our countryTaiwan area in the prepaid legal regulation experience, and combining our country’scurrent situation of the development of some enlightenment.The fourth part is also a part of this article focuses on, it is the main view of theproblems appeared in the prepaid legal regulation in China and puts forwardcountermeasures to improve it. It includes improving legislation regulation system ofour country commercial prepaid card; increasing the cost of illegal, clear legalresponsibility; improve consumer ego to protect consciousness and putting forwardsome countermeasures to solve the specific problems in consumer and use process ofcommercial prepaid card. Strive to perfect the legal regulation system of commercial prepaid card of China from the source.