Title :
The Operating Mechanisms and Analysis of Fourth Party E-payment Monitoring Organization
Author :
Yong, Xu ; Shaoxian, Zheng
Author_Institution :
Finance & Economic Coll. in South China, Univ. of Technol., Guangzhou, China
Abstract :
This paper is proposed to establish a fourth party e-payment monitoring platform, aiming at resolving the vicious competition among third-party e-payment companies, the unstable circulation volume of e-currency instability, the problems of the storage of financing deposition and customer interests and so on. Through the operation of the regular registration examination and approval system, the deposit insurance system, the incentive and restrictive mechanism, the monitoring platform will not only enable third-party e-payment platform to effectively regulate its operation, but also inspire the innovation of third-party e-payment companies.
Keywords :
electronic money; financial data processing; approval system; deposit insurance system; e-currency instability; fourth party e-payment monitoring organization; incentive mechanism; monitoring platform; operating mechanism; regular registration examination; restrictive mechanism; third-party e-payment companies; unstable circulation volume; Companies; Industries; Insurance; Monitoring; Standards organizations; E-money; Fourth party to pay; regulation; third party electronic payment;
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.110
