Research On The Risks Of Third-party Payments And Preventive Countermeasures

In recent years,China’s third-party payment market has developed rapidly,the overall transaction scale of the Internet payment industry has continued to grow,reaching 24.54 trillion yuan in 2017.The overall transaction scale of mobile payment has increased rapidly from 1.3 trillion yuan in 2013 to more than 109 trillion yuan in 2017.Third-party payment has become an important way of payment in our people’s lives,and third-party payment has also been made.It has become a huge driving force in the financial industry to support economic development.The "one belt and one way"strategy has also made the further development of the third party payment in our country.The central bank strongly encourages China’s payment industry to enter the international market,using more financial technology to cover more other countries,benefiting more people in the country and achieving results sharing,thus providing new opportunities for China’s third party payment.The research questions in this paper are what risks exist in the context of the rapid development of third-party payment,and how can enterprises and users guard against these risks?This paper takes Jingdong Payment as an example to analyze the following main problems:(1)What is the current situation and policy background of third-party payment?(2)What risks exist in third-party payment?(3)How to prevent the risks of third-party payment?With the continuous development of the third-party payment,many scholars have studied the third-party payment.However,compared with the foreign research on the third-party payment in China,there are few studies on the causes of the third-party payment risk,and most of them focus on the legal risk of the third-party payment.Through the analysis of the third-party payment industry,this paper clarifies the definition of the third-party payment,and studies the payment methods and processes of the third-party payment,the current situation of development and the important policies in the past two years.Secondly,based on the analysis of the third-party payment industry,this paper analyses the risk of third-party payment from the user level and enterprise level,and chooses the case of Jingdong Payment in the hope of more intuitive analysis of each risk.Finally,aiming at the risk of third-party payment,this paper puts forward preventive measures from the enterprise level and the user level for the risk of third-party payment.The innovation and application significance of this paper lies in the analysis of the impact of major policies on third-party payment in the past two years,and the selection of Jingdong Payment as a case study to analyze the risks of third-party payment,and then put forward some preventive measures,which have a certain significance for preventing the risks of third-party payment,and at the same time conducive to the healthy development of third-party payment.