Author(s)

Yan Luo ¹, Meiting Huang ¹, Zhengyi Ao ¹, Xiaoming Guo ¹, Zhaoxiong Shi ¹, Yingwen Cheng ¹, Jing Wu ¹

Affiliation(s)

¹ School of Economics and Management, Taizhou University, Taizhou, China

Corresponding Author

Jing Wu

ABSTRACT

The Internet science and technology and e-commerce have spawned the rise of third-party payment. While bringing convenience to the public, due to the lack of regulatory norms and their own problems, the third-party payment platform has become a tool for criminals to launder money. This paper focuses on the current situation of WeChat self-money laundering, explores the self-money laundering risks caused by the regulatory environment and WeChat platform's own problems, and proposes corresponding risk management countermeasures.

KEYWORDS

Third-party payment, self-money laundering, risk management, WeChat payment

CITE THIS PAPER

Yan Luo, Meiting Huang, Zhengyi Ao, Xiaoming Guo, Zhaoxiong Shi, Yingwen Cheng, Jing Wu, Research on the Risk and Management Countermeasures of Self-money Laundering in Third-party Payment—Taking WeChat Payment as an Example. Accounting, Auditing and Finance (2023) Vol. 4: 1-7. DOI: http://dx.doi.org/10.23977/accaf.2023.040301.

REFERENCES

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[4] Zou Qimin. Research on the anti-money laundering supervision problem and its countermeasures in the third-party payment in China—Take WeChat payment as an example [J]. Economic Research Guide, 2018 (14): 126-128.
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