Title :
Risk Analysis of Third-Party Online Payment Based on PEST Model
Author :
Lao, Guoling ; Jiang, Shanshan
Author_Institution :
Sch. of Inf. Manage. & Eng., Shanghai Univ. of Finance & Econ., Shanghai, China
Abstract :
In recent years, as an integral component of e-commerce, the online payment especially the third-party payment accomplishes rapid development and expansion, and formed a new industry, but at the same time, this industry also faces with various risks impeding development. By using the PEST model, this article analyzed the detailed risks faced by third-party payment companies in political, economic, social and technological aspects. In the mean time, taking the Alipay as an example, this article also provided a theoretical reference for companies to identify and deal with these risks.
Keywords :
electronic commerce; risk analysis; Alipay; PEST model; e-commerce; risk analysis; third-party online payment; Banking; Business; Companies; Electronic commerce; Finance; Impedance; Industrial economics; Information management; Internet; Risk analysis;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5302516
