ABSTRACT
With the rapid development of China's Internet and e-commerce, e-payment has attracted more and more attention and its market scale is expanding. Third-party payment mode has gradually become the most widely used payment form in e-commerce due to its advantages of safety, stability and quickness, among which Alipay and WeChat are the most common. How to correctly recognize the advantages and disadvantages of the new payment method and continuously improve the payment method in daily application is an important issue for relevant departments and enterprises to study. This paper expounds the background, development, advantages and disadvantages of third-party payment. Finally, it analyzes the development prospect of third-party payment and puts forward several strategies to optimize the application of third-party payment. The purpose of this study is to clarify the advantages and disadvantages of the third-party payment method and the traditional payment method, and to provide some reference for the effective application of third-party payment.
- Li Luojia. 2018. Risk and supervision analysis of third party payment. Markt Observation, 5, 20--22.Google Scholar
- Panos L. Lorentziadis. 2014. Bidding under auctioneer default risk. Omega, 5, 123--13Google Scholar
- Yang Wenlong. 2019. Analysis of china's third party payment industry. Acconuting learing, 6, 50--53.Google Scholar
- Yu Xiaoyang. 2018. Research on legal issues related to third party payment from the perspective of consumer rights protection. Shangdong university.Google Scholar
- Jun Ma. 2008. Toward a clean government in China: does the budget reform provide a h ope?Xing Ni Crime, Law and Social Change, 2.Google Scholar
- Catherine S. Weir. 2016. On the role of metaphor and language in design of third party payments in eBankin: Usability and quality. International Journal of Human-Computer Studies, 3,770--784.Google Scholar
- Eliadis P, margaretn M H, Howlett M (Eds). 2004. Designing Government: Form Instruments to Governance Montreal. Can: McGill-Queen's University Press.Google Scholar
Index Terms
- Advantages and Disadvantages of Third Party Payment Method and Traditional Payment Method
Recommendations
Fraud Payment Research: Payment through Credit Car
ICEME '19: Proceedings of the 2019 10th International Conference on E-business, Management and EconomicsCredit card payment is called CNP which stands for "card not present". Security issues about CNP are critical. We propose an empirical study research for analyzing payment transactions using K-means clustering and decision table method of data mining ...
Third-party Payment and Commercial Banks in China: Friends or Enemies?
ICMECG '21: Proceedings of the 8th International Conference on Management of e-Commerce and e-GovernmentThis paper explores the effect of third-party payment on the profitability of Chinese commercial banks from 2013 to the second quarter of 2020. In China, third-party payment has developed quickly in recent years, and an increasing number of people ...
Interest-free Installment Payment Strategy for Retailers under Third Party Payment Platform
ICIBE '18: Proceedings of the 4th International Conference on Industrial and Business EngineeringWith the development of e-commerce, more and more people have opted for online shopping. At the same time, consumers' payment forms have also undergone tremendous changes. More and more people have opted for third-party payment platforms with ...
Comments