Research On Legal Issues Of Supervision Of Single-purpose Prepaid Cards In China

With the continuous adjustment of our country’s social and economic structure and the continuous innovation of the consumption concept,the new transaction method is more and more favored by consumers.Among them,the prepaid consumer card trading market is also continuously developing,but disputes over prepaid consumer cards are on the rise,especially the number of consumer complaints of single-purpose prepaid cards is increasing.Therefore,our country has actively issued relevant regulations to regulate the transaction behavior of single-use prepaid cards,which has indeed played a certain regulatory role in the consumer market of single-use prepaid cards,thus presenting the legal rudiment of the supervision of single-use prepaid cards in our country.However,these normative provisions are only a rough list and do not specify the supervision mechanism of single-purpose prepaid cards.In addition,our country’s original legal norms were mainly aimed at preventing corruption,strengthening tax supervision and other national interests.there were few measures to protect the personal rights of consumers,thus the effect of protecting the consumer rights of single-purpose prepaid cards was not good.Therefore,the supervision of single-purpose prepaid cards must be fully explored,and the current issue of consumer rights is the focus of the current dispute over single-purpose prepaid cards.In the supervision mechanism of single-purpose prepaid cards,our country is currently the supervision mode of many departments,establishing the supervision subject and specifying the scope of supervision.According to the existing legal norms of the supervision object of the single-purpose prepaid card,the filing method is proposed and certain legal responsibilities are stipulated.Therefore,for the current supervision situation,if the supervision responsibilities are not clearly defined,it will easily lead to unclear boundaries between supervision powers and unnecessary supervision dislocation.In addition,the adjustment scope is too narrow,which obviously does not adapt to the current rapidly developing single-purpose prepaid card consumer market.However,the lack of effectiveness of the current filing system and the lack of means of capital supervision are the main reasons for the loopholes in the current supervision problems in our country.Therefore,these regulatory issues need to be solved urgently.Therefore,based on the supervision mechanism of the original single-purpose prepaid card,and in view of the various problems arising from the supervision of the above single-purpose prepaid card,this paper puts forward some concrete suggestions on perfecting the supervision of the single-purpose prepaid card in our country.First of all,the depth of supervision of single-purpose prepaid cards should be established by clarifying the main responsibilities of supervision,such as strengthening the division of labor between central and local supervision departments and the cooperation between different departments.Secondly,the scope of supervision of single-purpose prepaid cards should be strengthened by increasing supervision of non-enterprise legal persons such as individual industrial and commercial households.at the same time,the illegal cost of operators should be increased and supervision should be strengthened.Thirdly,the intensity of supervision of single-purpose prepaid cards will be strengthened through the establishment of a combination of a pre-approval system and a filing and registration system.In addition,a diversified fund supervision method is constructed,such as adding a risk margin system and a third-party trust system to the original fund depository system to ensure the activity of prepaid funds.Finally,we will strengthen the width of the supervision of single-purpose prepaid cards by constructing the supervision mechanism of industry associations,such as implementing the internal rewards and punishments evaluation system and standardizing the contract text of single-purpose prepaid cards.Through such several " degrees",this paper makes an in-depth and systematic inquiry into the supervision of single-purpose prepaid cards in order to make a certain contribution to the healthy development of China’s prepaid card consumer market.