What are the risks and security issues of Internet payment?

There are five major risks associated with Internet payments.

The first is the security of funds, which is very easy to form precipitated funds in the Internet payment business, and the ownership of these funds is not very clear, and they are managed by third-party payment, which will cause problems.

The second is technical risks, which mainly include network security, technology and data defects.

Third, it has had a certain impact on China's monetary policy and increased the difficulty of monetary macroeconomic regulation and control. Because Internet finance brings electronic money without ** settlement, it has a certain ability to mobilize social funds and settle transactions of the central bank's base currency, but it has not established a corresponding reserve system, which is easy to weaken the regulation of inflation and increase uncertainties.

Fourth, competition risk, which mainly comes from two aspects: traditional business and similar innovative business.

Fifth, the risk of personal privacy and consumer rights protection. At present, consumers are in a disadvantaged position in Internet payment, and it is generally difficult to enjoy better after-sales service, due to the lack of corresponding systems and norms, third-party payment platforms are not well constrained when using user information and funds.

The main security issues faced by Internet payments.

1) Private information such as payment account number and password is stolen or misappropriated during transmission on the network.

2) The payment amount has been changed.

3) The payer does not know who the merchant is, and the merchant cannot clearly determine whether the online payment tools such as credit cards are authentic and when the funds will be credited to the account.

4) Arbitrarily denying the occurrence of the payment and the amount incurred, or changing the amount incurred, etc., and a party arbitrarily denies, modifies and denies the payment behavior and content.

5) The network payment system is deliberately attacked, the network payment is deliberately delayed, etc.

The security requirements of online payments are air-tight.

1) Ensure the confidentiality of capital flow data on the network.

2) Ensure that the fund settlement data on the network is not tampered with at will, that is, ensure the integrity of the relevant network payment and settlement data.

3) Ensure the identification of the identities of both parties to the settlement of funds on the network.

4) Ensure that the occurrence of fund payment and settlement on the network and the content of the content cannot be repudiated.

5) Ensure the reliable and fast operation of the network payment system and the speed of payment and settlement.

6) Establish a common code of conduct for online payment, carry out relevant legislation, and require all parties involved in online payment to strictly abide by it by coercive means.

The above is the relevant legal knowledge about "risks and security issues of Internet payment" introduced to you, I hope it will be helpful to you. There are certain risks in the payment method of the Internet, and we need to improve our ability to identify risks when making Internet payments, so as not to cause unnecessary losses to ourselves.

1. There are hidden dangers in network technology security.

The electronic payment of online banking is carried out in a paperless environment, which must technically ensure the security of data transmission and ensure that the transaction data is not stolen or tampered with. As a result, people began to question security issues such as information loss, duplication, misorder, and tampering in the process of data transmission after information digitization.

2. Virtual trading risk.

The working environment of online payment is based on an open system platform, and the identities of both parties to the transaction are placed in the virtual world, which undoubtedly increases the risk of electronic payment.

3. The infrastructure needs to be developed.

Online payment uses the most advanced means of communication, the requirements for software and hardware facilities are very high, and the immature technical software provides an opportunity for hackers and other criminals, so the development of an impeccable Internet payment system has become a bottleneck restricting the development of e-commerce.

4. The improvement of laws and regulations is used as a guarantee.

Online payment is an important step for both parties to achieve their respective transaction purposes, and it is also the basic condition for the development of e-commerce. However, the risks of online payment are not limited to the problems in the process of consumer payment, but also include the liability of banks or other issuers in the event of disputes, as well as the fund transfer system of online payment instruments. Therefore, only by clarifying the legal relationship between the participating entities can disputes be better resolved and disputes prevented.

There are several operating models for third-party payments.

One is the independent third-party payment model, which refers to the third-party payment platform is completely independent of e-commerce, does not bear the guarantee function, and only provides users with payment products and payment system solutions. Loss.

The other type is led by Alipay and relies on its own.

B2C, C2C e-commerce** provides a third-party payment model with guarantee function. The payment is temporarily managed by the platform, and the platform notifies the seller of the arrival of the payment and delivery; In this type of payment model, after the buyer purchases the goods in the e-commerce **, the account provided by the third-party platform is used to pay for the goods, and after the buyer inspects the goods and confirms, the platform can be notified to pay the seller, and then the third-party payment platform will transfer the payment to the seller's account.