Open AccessResearch on current situation, risk and Control Strategy of Third-Party payment in China
Author(s) -
Zhe Wang
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/677/4/042037
Subject(s) - payment , china , third party , business , control (management) , scale (ratio) , causality (physics) , risk control , payment system , payment service provider , payment order , actuarial science , risk management , risk analysis (engineering) , finance , economics , computer science , internet privacy , political science , law , management , physics , quantum mechanics
With the rapid development of third-party payment in China, platform operation safety has become the most concerned issue. Based on the analysis of the expansion of third-party payment business in China, the scale of users and the scale of payment transactions, this paper explores the operational risks of the third-party payment platform in China. The influence factors of risk and the evolution of causality are analysed. On this basis, how to control the third party payment risk is discussed.