"Open Fast Payment" is a message to remind you when you are using your mobile phone to buy goods or when shopping software pops up, telling you the way of fast payment, which is convenient for you to use fast payment to make online and offline purchases.
For example, WeChat and Alipay in smart phones can bind bank cards to store electronic cash, and shopping software such as Taobao and JD.COM can realize fast payment.
Express payment is similar to online banking payment, and it is a simple way to pay through the Internet. Customers can handle payment business without opening online banking. You can complete the payment conveniently and quickly by directly entering the card information. Just associate the Alipay account with a savings card or credit card, and you only need to enter Alipay's payment password every time to complete the payment. However, customers must reserve the correct mobile phone number when opening an account, because express payment will send a verification code to the mobile phone number reserved when opening an account, and you can pay by entering the verification code within the specified time. Personally, I think this is more risky and unsafe than online banking, and it is safer to use online banking.
Fast payment is a brand-new payment concept initiated by Alipay in China. It is convenient and fast, and it is the development trend of future consumption. Its characteristic is "fast". Express payment means that users only need to provide information such as bank card number, account name and mobile phone number without opening online banking when purchasing goods. After the bank verifies that the mobile phone number is correct, the third party payment sends the mobile phone dynamic password to the user's mobile phone number, and the user can complete the payment by inputting the correct mobile phone dynamic password. Fast payment products have the characteristics of cross-terminal payment, convenient operation and high payment success rate.
The fast payment function is a milestone, which lowers the threshold of online payment and improves security. Take Alipay as an example. When users register for authentication for the first time, they need to do two-way network authentication. First, they need to authenticate real-time information to the bank through the Internet. In addition, for transactions with a large amount, Alipay will manually call back the user to confirm whether it is operating. If it is confirmed that it is not my operation, I can intercept the funds in time and return the bank card. In addition, Alipay has established a 72-hour payment mechanism. If the user denies the transaction and confirms it through Alipay customer service and risk management system, Alipay will pay in full within 72 hours after the user provides relevant certificates.