The Risk of Third-Party Payment and Its Prevention

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v7i2.5181

Chunxue Liu, Ji Ling

School of Accounting and Finance, Anhui Xinhua University, Hefei 230088, Anhui, China

Abstract

With the rapid development of the Internet, the third-party payment industry has evolved from scratch, moving slowly from an immature stage to its current gradually stable phase. It must be said that the emergence of third-party payment has fundamentally changed people's lives, evolving from the traditional "cash on delivery" model to the current e-commerce model of online shopping and merchant shipping. At the present stage, the development of third-party payment is in full swing, and its market share is continuously increasing. However, with the expansion of third-party payment resources and business operations, various risks have emerged, which are closely related to consumer rights and interests. Therefore, this article first explains the necessity of studying third-party payment risks. Secondly, based on found data and content regarding third-party payment risks, it systematically analyzes the various types of risks existing in third-party payments. Finally, corresponding solutions are proposed based on these risks to enable the healthy and stable development of the third-party industry.

Keywords

third-party payment; risk; prevention

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Copyright © 2026 Chunxue Liu, Ji Ling

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