Card payment refers to a settlement method that uses credit cards and other co-branded cards to pay by swiping on e-commerce equipment when shopping at a merchant, and the money is deducted from the relevant bank card. Payment for goods is often made to a third-party payment company.
Credit card payment methods mainly include credit card payment without security measures, payment through a third-party broker, simple credit card encrypted payment, etc. The payment methods include:
1. Credit card without security measures Payment: The basic process of credit card payment without security measures is: the consumer orders from the merchant, and the credit card information is transmitted offline via telephone, fax, etc., but there is no security measure. The merchant and the bank use their respective existing authorizations to check the credit card. of legality.
2. Payment through a third-party broker: Payment is completed through a third party trusted by both parties; credit card information is not transmitted multiple times on the open network, and the buyer may open an account with a third party offline, so The buyer has no risk of credit card information being stolen;
3. Simple credit card encrypted payment: When paying using the simple encrypted credit card mode, when the credit card information is entered by the buyer into a browser window or other e-commerce device, the credit card information is It is simply encrypted and passed securely over the network from buyer to seller as an encrypted message.
Extended information:
1. SMS billing service. If you apply for the SMS reminder service through online banking, you can receive real-time SMS notifications of account updates after swiping your card for payment.
2. Safe and fast. No need to carry large amounts of cash to ensure the safety of your funds.
3. No handling fee. Customers do not need to pay any handling fees when swiping their cards for consumption.
4. Many value-added services. From time to time, the bank carries out promotions with prizes for credit card consumption and points redemption activities, bringing unexpected surprises to your credit card consumption.
Card consumption_Baidu Encyclopedia