Payment companies need risk control. A few years ago, T+ 1 arrived, and it can be activated by submitting your ID card and savings card. Now it is T+0 seconds. One card, one machine, one brush, and the funds arrive at the savings card in seconds. However, T+0 not only pays quickly, but also provides convenience for many thieves. When T+0 first appeared, the risk control technology of payment companies was not particularly good, and credit cards were easily stolen and refused to pay, which caused great losses to agents and payment companies. Thus, the steps of authenticating credit card information came into being.

Solution to the authentication problem of vertical brush

1. Real-name authentication failed: If the real-name authentication failed, our company will send a short message to your registered and authenticated mobile phone number, please pay attention. If the mobile phone has information interception software, you can search and view it in the SMS interception software.

2. Credit card authentication: directly authenticate the bank card by swiping the card, and the system will automatically authenticate it.

3. The card swiping failed to report to the cardholder for authentication. The response code is the transaction code returned by UnionPay at 05: 05, indicating that the cardholder's authentication failed. Please change your card for another transaction.

4. What are the restrictions on instant credit card authentication? How many cards can I authenticate at most? You must pass the real-name authentication to authenticate the credit card. Only the credit card in my name can be authenticated, and multiple cards can be authenticated at will.

A bank card is actually a settlement account. Its functions are comprehensive, and its application scope, usage quota and account balance are not limited.

The second-class bank card, as its name implies, is the second-class settlement account, which is generally a convenient financial account. Investment, transfer and consumption can be made through the second-class bank card, but there are restrictions on the second-class bank card. If the second-class bank card transfers money to an unbound account, the daily transfer limit is 10000 yuan, and the annual transfer limit is 200,000 yuan.

In addition, there is a third type of bank card, which is a virtual card. The daily cumulative transaction amount is 5,000 yuan, and the annual cumulative limit is 200,000 yuan, and the balance in the card shall not exceed 1 1,000 yuan.