Study on Legal Problems Existing in Prepaid Cards in China
Changyue Shen, Wen Cong
Available Online December 2016.
- https://doi.org/10.2991/emle-16.2017.86How to use a DOI?
- prepaid consumption; law; rules and systems
- As a new consumption pattern, the prepaid consumption has a realistic base for its rising and development and it plays an important role in promoting the rapid economic development. In practice, the prepaid consumption is mainly achieved through the prepaid cards, for the capital is of prepayment, and it belongs to a consumption based on the credit mechanism, there is no sound credit evaluation mechanisms in China, and the lower default costs have caused a confused development of the prepaid consumption, a shock to the current economic order and serious infringement to the legal rights and interests of consumers. In order to prevent the expansion of its negative functions, laws and regulations shall be used to govern the prepaid consumption from many aspects.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Changyue Shen AU - Wen Cong PY - 2016/12 DA - 2016/12 TI - Study on Legal Problems Existing in Prepaid Cards in China BT - 2016 2nd International Conference on Economy, Management, Law and Education (EMLE 2016) PB - Atlantis Press SP - 386 EP - 388 SN - 2352-5428 UR - https://doi.org/10.2991/emle-16.2017.86 DO - https://doi.org/10.2991/emle-16.2017.86 ID - Shen2016/12 ER -