Analysis of Credit Score in China's E-commerce Market

Abstract

Ecommerce has become the mainstream all around the world. In China, multiple platforms occupy the market of ecommerce. T ase platforms have different strategies and focus on unalike customers. Most of t am use personal credit score as a measurement to reduce the risk of fraud transactions, especially in some second-hand goods platforms. In this paper, the author uses survey to analyze the potential relationship between credit score and frauds, from both the consumer and seller's sides. T an the author discusses some possible improvements which could be made to adjust the current using credit system used in the online platforms.