What is the payment channel of credit cards?
The flow of funds in credit cards is carried out through payment companies or UnionPay or Bailian. The payment channels refer to these institutions. Credit cards were originally settled through UnionPay. Yes, many payment companies now do similar business to UnionPay, so the payment channel refers to the payment company from which funds flow and payment settlement is carried out. For example, a credit card repayment APP such as Mobile Account cooperates with a payment company. The money is transferred from the customer's card to the card issuer through the payment company that cooperates with Mobile Account, forming a complete repayment service. Of course, some consumption is completed through payment companies. For example, if you buy a piece of clothing on Taobao, the money you pay is transferred to the merchant's account through Alipay, a payment company. The payment channel here is Alipay.
What is the visa payment interface?
The payment interface is actually just a piece of code provided by the bank, which is then transferred to the bank's server to run.
The function of the VISA payment interface is simply that customers can directly enter visa card related information online, including 16 digits, name, password, CVV code, and validity period to pay you, and you can bind it. Any domestic bank card account is used to settle foreign exchange and realize the payment of RMB.
What is credit card online payment?
Credit card online payment means that after the product buyer selects the product on the website, he enters the corresponding information through the credit card provided by the third-party payment company, such as:, validity period, CVV code, payment amount, and pays for the product. to third-party payment companies.
Online payment is a method of payment through a payment interface with a bank provided by a third party. The advantage of this method is that funds can be transferred directly from the user's bank card to the website account. , the remittance will arrive immediately, no manual confirmation is required.
The biggest difference from bank transfers (including online personal bank transfers or cash transfers at bank counters) is that the prepayment can be automatically confirmed.
Extended information
Online payment methods include: online banking payment, third-party payment, etc. Among them, third-party payment itself integrates a variety of payment methods. The most commonly used third-party payments are Alipay, Tenpay, Huanxun Pay, Yibao Pay, Kuaiqian, and online banking.
Among them, as independent online merchants or websites with payment services, the four most commonly chosen ones are Alipay, Huanxun Pay, Yibao Pay, and Kuaiqian.
Alipay has the following payment methods: quick payment (including cartoon), online banking, Alipay account balance, cash on delivery, outlet payment, consumer card payment, payment by someone, UnionPay mobile payment, etc. .