Title :
The Supervision of Non-financial Third-Party E-Payment Platforms in China
Author :
Gui, Xuewen ; Zhou, Wenjun ; Wu, Yueting
Author_Institution :
E-Commerce Res. Center of Hubei Province, Central China Normal Univ., Wuhan, China
Abstract :
As an important kind of payment tools, the non-financial third-party e-payment platforms (NTEP), have developed rapidly. It also became the difficulty and blind spot of government supervision. First, we described the development of NTEP in China with typical e-payment tools, and analyzed the urgency and problems of supervision. Then we studied main foreign models for references. Finally, we proposed some suggestions for supervision and promoted the standardized development of NTEP.
Keywords :
electronic commerce; financial data processing; China; NTEP development; e-payment tool; electronic payment; government supervision; nonfinancial third-party e-payment platform; Companies; Educational institutions; Industries; Insurance; Licenses; Security; e-commerce; industry supervision; non-financial agency; third-party e-payment platform (TEP);
Conference_Titel :
Business Intelligence and Financial Engineering (BIFE), 2011 Fourth International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4577-1541-9
DOI :
10.1109/BIFE.2011.144