Beijing Qianbaobao Payment Technology Co., Ltd. is a third-party payment product under Meituan, which mainly provides users with mobile payment and website payment experience.
First, the third-party payment refers to the online payment mode that an independent institution with certain strength and credit guarantee facilitates the transaction between the two parties through docking or networking with UnionPay. In the third-party payment mode, after purchasing goods, the buyer uses the account provided by the third-party platform to pay for the goods (to the third party), and the third party informs the seller that the goods have arrived and requests delivery; The buyer will notify the third party to pay after receiving the goods and confirming the inspection; Then the third party transfers the money to the seller's account.
Second, the way to achieve:
In addition to online banking, electronic credit cards and other payment methods, there is another way to relatively reduce the risk of online payment, that is, to use the payment method and payment process of a rapidly developing third-party organization, and this third-party organization must have certain integrity. In practice, this third party institution can be a bank that issues credit cards. In online payment, the disclosure of credit card number and password is only transferred between the cardholder and the bank, which reduces the risk brought by the transfer through merchants.
Similarly, when the third party is an institution with good reputation and technical support ability other than the bank, payment is also made between the cardholder or customer and the bank through the third party. The cardholder first transmits the account information with a third party in the form of some electronic data (such as mail), instead of the bank account number, which prevents the cardholder from revealing the bank information directly to the merchant. In addition, you don't need to log in to different online banking interfaces, but you can see a relatively familiar and simple interface for third-party institutions every time you log in.
Third-party institutions and major banks have signed relevant agreements, so that third-party institutions and banks can exchange data and confirm relevant information in some form. In this way, the third party organization can establish the payment process between the cardholder or consumer and the bank and the final payee or merchant.
Third, the payment process (taking Alipay as an example)
1. Online consumers browse the merchant search page and select the corresponding goods, and place an order for a transaction;
2. Then on the pop-up payment page, the network consumer selects a specific third-party payment platform, directly links to its secure payment server, selects the appropriate payment method on the third-party payment page, and then clicks to enter the bank payment page to pay;
3. The third-party payment platform transmits the payment information of online consumers to relevant banks according to the technical requirements of the bank payment gateway;
4. Relevant banks (UnionPay) check the payment ability of online consumers, freeze, deduct or remit accounts, and feed back the result information to third-party payment platforms and online consumers;
5. The third-party payment platform informs the merchant of the payment result;
6. After receiving the notice of successful payment, the merchant delivers goods or provides services to online consumers;
7. All banks conduct liquidation with merchants through third-party payment platforms.
Operating environment:
Brand model: Huawei mate30
System version: HarmonyOS system 2.0.
App version: 10.2.50