Cross-border e-commerce has promoted the globalization of the world economic market through the exchange of “virtual” information on the Internet. The flow of information has accelerated the global flow of production factors such as capital, commodities, and technology, leading to the rise of the global “network economy”. In this network trade environment, economic and trade ties and cooperation between countries have been greatly strengthened.
The formation of the virtual network market has transcended the constraints of previous geographical boundaries, allowing information on commodities and services to flow fully and accurately around the world, showing characteristics such as openness, completeness, and real-time, reducing the asymmetry of information between importers and exporters, thereby avoiding or reducing the distortion caused by incomplete market information. The competition between commodities of the same quality or similar quality has become more intense, ensuring that the law of value can fully play its role. However, when e-commerce is applied to international trade, traders, transaction methods, transaction intentions, and transaction subject expressions are all virtualized, increasing the uncertainty of the transaction process and results. In addition, the threat of network hacker intrusion and economic crimes exists, which greatly increases the credit risk, quality risk, and technical risk of payment methods.