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Research on the Risk and Supervision System of Cross-Border e-Commerce Payment in China

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DOI: 10.23977/ferm.2021.040502 | Downloads: 80 | Views: 1389

Author(s)

Ling Yu 1

Affiliation(s)

1 Shandong Vocational and Technical University of International Studies, Rizhao, 276826, Shandong, China

Corresponding Author

Ling Yu

ABSTRACT

Cross-border e-commerce payment business is a key link of cross-border e-commerce, which involves the exchange rate changes between different currencies in different countries, whether it is universal, and whether huitong exchange and other related business issues. From the perspective of the current international market environment changes, although China's cross-border e-commerce business is in a period of rapid rise, it is also affected by the complex international environment. E-commerce payment faces the risks of transaction authenticity recognition, cross-border payment transaction credit, and online payment security, which is not conducive to the steady development of China's cross-border e-commerce trade. In view of this, in view of the current risks facing cross-border e-commerce payment business in China, we propose the corresponding prevention mechanism and improve the supervision system, which are conducive to the steady progress of cross-border e-commerce trade.

KEYWORDS

Cross-border e-commerce, Payment risk, Safety, Regulatory mechanism

CITE THIS PAPER

Ling Yu. Research on the Risk and Supervision System of Cross-Border e-Commerce Payment in China. Financial Engineering and Risk Management (2021) 4: 9-15. DOI: http://dx.doi.org/10.23977/ferm.2021.040502.

REFERENCES

[1] Zhou Liping, Yu Pinxian. Status, risk and regulatory measures of cross-border e-commerce payment [J]. Shanghai Finance, 2016, (5): 73-78.
[2] Chen Weidong, Zhu Jianming. Payment Risk Analysis and Countermeasures in Cross-border Business [J]. Management Modernization, 2016, (2): 91-94.
[3] Zhou Liping, Yu Pinxian.Status, risk and regulatory measures of cross-border e-commerce payment [J].Shanghai Finance, 2016 (5): 73-78.
[4] China International E-commerce Network. Shenzhen's first cross-border e-commerce collection product was launched [EB/OL].http://www.ec.com.cn/arti-cle/qyds/gd/201805/28600_1.html.[2018-5-24].

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