Research on the Third-party Payment Risk in the Background of Nets Union Clearing Platform: The Case of Alipay

Authors

Qinghong Shuai, Southwestern University of Finance and Economics, ChinaFollow
Lu Xie, Southwestern University of Finance and Economics, ChinaFollow
Yu Tang, Southwestern University of Finance and Economics, ChinaFollow
Hongxin Hu, Southwestern University of Finance and Economics, ChinaFollow
Weiting Wang, Southwestern University of Finance and Economics, ChinaFollow

Corresponding Author

Yu Tang

Document Type

Article

Abstract

Third-party payment has become an important part of the current payment method in China. However, there are many risks associated with the development of the third-party payment network. The establishment of the Nets Union in 2017 had a significant impact on the standardization of the entire third-party payment market. By further researching the third-party payment risk under the background of Nets Union Clearing Platform, combining with the empirical analysis for the case of Alipay, this paper constructs the third-party payment risk model by AHP and fuzzy comprehensive evaluation, then making some recommendations for Third-party payment risk control management.

Recommended Citation

Shuai, Qinghong; Xie, Lu; Tang, Yu; Hu, Hongxin; and Wang, Weiting, "Research on the Third-party Payment Risk in the Background of Nets Union Clearing Platform: The Case of Alipay" (2018). ICEB 2018 Proceedings (Guilin, China). 44.
https://aisel.aisnet.org/iceb2018/44