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

fYear

2010

fDate

7-9 May 2010

Firstpage

404

Lastpage

407

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;

fLanguage

English

Publisher

ieee

Conference_Titel

E-Business and E-Government (ICEE), 2010 International Conference on

Conference_Location

Guangzhou

Print_ISBN

978-0-7695-3997-3

Type

conf

DOI

10.1109/ICEE.2010.110

Filename

5590616