The online credit card payment system has no limitations. The online credit card payment system has all the functions of offline credit cards, and it also has its own unique advantages. The relevant introduction is as follows:

The online credit card payment system has the characteristics of low manufacturing cost, high reliability of information storage, convenient development, flexible application and miniaturization. The electronic credit card is matched with the electronic credit card machine - a small dedicated microcomputer. , can be widely used in various marketable securities, priceless securities, credit certificates and other occasions, and can also be used for data information collection in some decentralized systems.

Extended information:

The main features of the electronic payment system based on credit cards are:

Each electronic credit card represents an account, and the bank realizes consumer transactions through transfers payment function. Consumers first obtain goods or services and then pay through banks. The processing of credit card accounts by banks lags behind the payment of goods. Therefore, it is essentially different from electronic transfers and is a "delayed payment" payment method.

The electronic credit card payment system needs to operate online, allows overdrafts, and does not support offline payments. During each payment process, online multi-party authentication and mutual transmission of data must be achieved among customers, merchants, banks and card issuers. Too expensive for small payments.

Baidu Encyclopedia-Electronic Credit Card

Baidu Encyclopedia-Credit Card Payment System