Research On Legal Issues Of Customer Excess Reserves For Non-Financial Institutions Online Payment

With the increasing the amount of customer excess reserves in processing online payment for customers by non-financial payment institution,which produce some legal issues in practice such as interest entitlement gained by customer excess reserves,the problems of the illegal use of the customer excess reserves,the closed-loop structure of clearing and settlement of customer excess reserves,investment of customer excess reserves,supervision for customer excess reserves in cross-border online payment.For interest entitlement gained by customer excess reserves,this article argue that should emphasize the safeguard of rights and interests instead of the title of rights and interests.For the illegal use of the customer excess reserves,this article argue that should introduce trust to improve the private supervision and puts forward the principles of construction of network for the closed-loop structure of clearing and settlement.Classification of customer excess reserves and prudent investment is a not bad opinion.As for supervision for customer excess reserves in cross-border online payment,this article improve the identification of transaction authenticity and clarify the related subject of legal relation.