Industry experts have said that third-party payment of the initial business positioning is the introduction of secure payment services for online transactions, and the mechanism online payment solution of its operation is the third-party payment as a credit guarantee, before the buyer to confirm receipt of goods by a third party payment a value-added services for buyers and sellers to temporarily retain the purchase price. The whole process of dealing with third-party payment services, third-party payment to the role include: hosting payment, collection and payment, access to currency, clearing and settlement, credit guarantees, but all the functions of the banking financial institutions are very similar to but the nature of the third-party payments to define specific regulatory standards is not yet, in the event of legal disputes, and will cause the parties to the dispute.


Credit guarantee regulate the development of management policies should be strengthened
Some experts believe that electronic payment represents the payment system in China's direction, but there are many problems emerging electronic payment mobile payment, online payment, electronic payment security, supervision. Precipitation funds management, customer rights protection in the access management problem, a relatively large potential risks affecting the security of the payment system.


Experts predict that the Internet payment service in 2012 will continue to maintain high growth trend. This naturally led to its focus on security issues.


In this regard, industry experts said, the payment service in China, non-financial institutions started relatively late but rapid development, simple to take a "laissez-faire" or "dogged" regulatory approach is detrimental to the payment services market, the healthy and stable, nor conducive to innovation and development of the payment services market. Related regulation to be followed to promote innovation and regulate the development of both the principle. It is understood that the central bank has seriously study the response to these problems be addressed and improved, and efforts from the system and structure. First, to develop management measures, including mobile payment, the payment, including online payment service providers in the online payment gateway and settlement business to provide a unified regulatory policy to guide its normal and healthy development; second is to promote the establishment of the national payment services industry associations, standards of service, price, safety, risk prevention, enhancing enterprise collaboration and self-discipline; rules require third-party enterprise to bear the social responsibility.