first, the concept of online payment by credit card.

online payment by credit card means that after a commodity buyer selects a commodity on the website, he inputs related information, such as card number, expiration date, CVV code and payment amount, through the credit card gateway provided by a third-party payment company, and pays the commodity to the third-party payment company. Channel users, that is, sellers (website owners) query the information of successful payment in real time in the background provided by the third-party payment company, and then deliver it to the buyer, and then the third-party payment company settles the goods to the seller. The credit cards mentioned here include VISA, MasterCard, AE, JCB, DinersClub and so on. VISA currently accounts for about 7% of the world's credit card issuance, MasterCard accounts for about 2% of the world's credit card issuance, and other types of credit cards account for about 1% of the world's credit card issuance. Therefore, the credit card online payment gateways provided by most third-party payment companies basically support VISA and MasterCard.

second, the characteristics of credit card payment.

when it comes to characteristics, it certainly includes advantages and disadvantages. Let's start with the advantages of online payment by credit card.

convenient. Convenience means that consumers use credit cards to pay online, eliminating the need for traditional payment methods such as Western Union, MoneyGram and Telegraphic Transfer to go to the corresponding institutions first.

. real-time. Real-time is because everything is done online, so both buyers and sellers can know whether the payment is successful or not in the shortest time.

safe. Security is because the online payment method of credit card is provided by a third-party payment company, but because the third-party payment company cooperates with banks and credit card organizations, there is a powerful bank risk control system and credit card database of credit card organizations as a guarantee in addition to the risk control system of the third party itself. It can shield the payment in bad credit records, suspected card theft and high-risk credit areas (which is why the online payment of credit cards can not reach 1% payment success rate), and ensure the security of transactions to the maximum extent.

In addition, in recent years, banks and credit card organizations all over the world have put forward the requirements of secure payment certification for third-party payment companies, and only third-party payment companies that have passed the security certification can be qualified to provide credit card online payment services. Foreign currency (visa.mastercardl international credit card 3D and non-3D collection channels)