支付宝虚拟账户支付的法律分析及规制

支付宝虚拟账户支付是国内最大独立第三方支付平台支付宝提供的一种在线支付模式，该支付模式通过用户支付宝账户余额的借记与贷记来完成支付。对支付流程及特征的梳理可发现：支付宝提供虚拟账户支付欠缺合法主体资质；该支付模式的具体服务内容违法；用户在支付宝虚拟账户内的“余额”实为其发行的电子货币。支付宝借虚拟账户支付模式从事电子货币发行。基于此，应将该支付模式纳入电子货币的监管，未来立法应从资本金要求、投资限制、回赎电子货币义务方面予以规制，目前则应加强行业自律及由银行监督管理部门对其加以监管。

Legal Analysis and Regulation of Alipay Virtual Account

Alipay virtual account is the biggest online payment mode which is independent to the third party payment,and it finishes the payment by debt and credit of Alipay remaining sum.Through combing procedure and characteristics of Alipay,we can find: Alipay has no legal main body when supplying virtual account payment;the specific service content of Alipay is illegal;actually,the user's remaining sum in Alipay virtual account is e-currency issued by Alipay,and through virtual account,Alipay is issuing e-currency...