Research On The Legal Issues Of Single-Purpose Commercial Prepaid CARDS In China

Consumption activity is an important part of the mass life in modern society.It connects various production factors and relates to the development of individuals,enterprises and society.In recent years,the rapid progress of science and technology has made a major change in the way of consumption.Prepaid consumption takes the prepaid card issued by the merchant as the carrier.The prepaid card can be divided into single-purpose and multi-purpose.In practice,more single-purpose commercial prepaid CARDS are issued.For operators and consumers,single-purpose commercial prepaid CARDS are of great value,which not only help merchants solve the problems of insufficient capital reserves and low customer viscosity,but also bring great benefits and convenience to consumers.At the same time it is also a double-edged sword,in the process of use also gradually revealed a series of problems,causing adverse effects on consumers,hindering the stable development of the entire industry.In order to promote the steady development of single-purpose commercial prepaid CARDS,we must regulate and supervise them.This paper focuses on the single-use commercial prepaid CARDS.Firstly,this paper introduces the basic theoretical content of single-use commercial prepaid card,analyzes the definition,characteristics and nature of single-use commercial prepaid card,and analyzes the value analysis of its regulation from three aspects of fairness,efficiency and order.Secondly,the paper analyzes the legal problems in the practice of single-use commercial prepaid CARDS in China.It mainly includes the issues of main market access of card issuer,standard terms,fair transaction of card issuer,ownership and custody of capital,and consumer rights protection.Thirdly,the legal system of prepaid CARDS in Japan and Chinese Taiwan is studied for reference.Finally,in view of the problems existing in the practice of single-use commercial prepaid CARDS in China,this paper combines the experience of Japan and Chinese Taiwan with the reality of China,and puts forward reasonable Suggestions for improving the legal system of single-use commercial prepaid CARDS in China.In the aspect of legislation,the obligation of issuing subject should be clarified.Standardize prepaid card consumption contract;Improve the security system of prepaid funds;To establish a sound legal liability system;We will improve the consumer rights protection system for prepaid CARDS.In terms of supervision,we should clarify the responsibilities of supervision subjects and strengthen coordinated supervision.Improve the market access supervision system of issuers;To clarify the contents of supervision and strengthen the supervision of risk prevention and control;Constructing multiple exit mechanism of single-purpose prepaid card;To establish and improve the information disclosure system;Strengthen the supervision of single-use commercial prepaid card industry association.We will improve the legal system for single-use commercial prepaid CARDS,strengthen supervision,and promote the steady development of single-use commercial prepaid CARDS.