Yes.
1. Authenticate both parties to the transaction and prevent payment fraud.
Be able to use digital signatures and digital certificates to authenticate online business parties to prevent payment fraud, certify the validity of the identities of all parties involved in online trade, and report to the online business through certification agencies or registration agencies. Participating parties issue digital certificates to verify the legitimacy of their identities.
2. Encrypt information flow.
A single-key system or a dual-key system can be used to encrypt and decrypt information. Technologies such as digital envelopes and digital signatures can be used to enhance the confidentiality and integrity of data transmission and prevent unauthorized third parties. The three get the true meaning of the information.
3. Digital digest algorithm confirms the authenticity of electronic payment information.
In order to protect the data from being created, embedded, deleted, tampered with, replayed, etc. by unauthorized persons, and to reach the recipient intact, data hashing technology can be used.
4. Ensure the non-repudiation of transaction behavior and business.
When disputes arise between two parties in an online transaction, especially disputes related to payment and settlement, the system can ensure non-repudiation of the relevant behavior or business. The online payment system must generate or provide sufficient evidence during the transaction process to quickly identify the right and wrong in the dispute, which can be achieved by using technologies such as digital signatures.
5. Handle multilateral payment issues in online trade business.
Payment settlement involves many parties such as customers, merchants and banks. The purchased purchase information and payment instruction information must be connected together, because merchants will only continue the transaction after confirming certain payment information, and banks will also Payment will only be provided upon confirmation of payment.
In order to ensure security, merchants cannot read customers' payment instructions, and banks cannot read merchants' purchase information. This multilateral payment relationship can be realized by using technologies such as double digital signatures provided by the system.
6. Improve payment efficiency.
The procedures and processes of online payment are not complicated, and the payment efficiency is very high.
Extended information
The basic features of Industrial Bank credit cards are as follows:
1. Optional password for swiping the card
Consumption with signature or By adding password protection and allowing users to choose, Industrial Credit Card fully takes care of users' consumption convenience and security needs.
2. Zero risk of loss report
If the card is lost, users can call the 24-hour customer service hotline 95561 or complete the loss report procedure through the interactive SMS service. The loss report will take effect immediately, and there is no need to worry about it later. all risks.
3. One card, two currencies
We provide distinguished cardholders with two settlement currencies, RMB and USD, which can be spent in more than 200 countries and regions around the world, including overseas consumption. You can repay in RMB and travel around the world with one card.
4. Multiple repayment methods
Specially provide users with cash repayment, ATM transfer repayment, automatic transfer repayment, online banking repayment, telephone banking repayment, etc. There are up to seven repayment methods, allowing users to easily repay anytime and anywhere, which is very worry-free.
Baidu Encyclopedia--Industrial Bank Credit Card
Baidu Encyclopedia--Industrial Bank
Industrial Bank Official Website--Credit Card Terms
Baidu Encyclopedia --Credit card