The Study On The Government Supervision Of The Third Party Payment Development

In recent years, the rapid transformation of information technology has directly pushed forward the formation of payment services market’s marketization and diversification. Relatively, a growing number of third-party payment institutions have swarmed into the payment services market. And these institutions can provide payment services by using internet technology and varieties of other mobile terminal products. Different from the traditional services provided by banks with cash, note and exchange, the third-party payment institutions mainly offer front-end payment and background processing services through ways of electronization. They enter the payment services as the third-party institutions that both cooperate and compete with the bank, and they have been the growing power of our payment services.Since the third-party payment institutions provide e-commerce with payment services, the government has held a concept of opening and inclusion that it pays great attention to the development and researches of the developments of the third-party payment institutions. At the same time, the government also provides enough room for the payment service to innovate and develop. But in recent years,with the rapid development of the third-party payment services in our country, many problems also appear. So the government has pay increasing attention to the supervision of the third party payment and practice and research of the third party payment have been more and more. The thesis researches the third party payment through the perspective of the government’s supervision.This article discusses the third party payment development from the perspective of government supervision. Through summarizing the historical development and the current status of our third party payment development, analyzing the current issues and causes of the third party payment supervision, making comparisons with overseas experiences and the actual current situation that the government faces, we propose certain measures and solutions to solve the problems.The first part of the article introduces the background and significance of our research and explains the basic concepts of the third party payment mechanism. It also elaborates the relevance between the third party payment development and the government supervision; and summarize domestic and foreign researches on the supervision documents of the third party payment institutions; then puts forward research methods and the innovation of the same trade.The second part discusses the current situation of third party payment development, the innovative patterns in the financial filed and the resulting change and risk. It also analyzes the concept of the government supervision and the game analysis of the government supervision.The third part mainly focuses on the current problems existing in the third party payment supervision in China and the causes of these problems.In the fourth part, it introduces the situations of the third party payment mechanism supervision in EU, summarizes the advanced experiences and absorbs the advanced points that are useful for the improvement of the third party payment supervision in China.In the fifth part, combining with the contents in the above sections, the thesis proposes measures and solutions to improve the government supervision of the third party payment, which can help China’s third party payment develop healthily.