China Merchants Bank’s direct payment method does not require online banking. You only need to enter your bank card information on the payment page to complete the payment.

Generally, there are three payment modes:

1. Online payment

When paying, you will jump to the bank interface and you need to enter the bank card password or certificate password. , and the payment will be deducted after successful verification.

2. Collection and withholding mode

Customers do not need to jump to the bank page when paying, and the money will be deducted directly.

3. Quick payment

You can handle transactions without opening online banking, and the money can be deducted after verifying the information through mobile phone text messages during payment. The payment limit of this mode is relatively smaller than the payment limit of direct bank card.

Extended information:

Payment process

In the third-party payment transaction process, the payment mode prevents the merchant from seeing the customer’s credit card information, and at the same time avoids Credit card information is publicly transmitted multiple times over the Internet, resulting in credit card information being stolen.

Take B2C transactions as an example:

In the first step, the customer purchases goods on the e-commerce website and finally decides to purchase. Buyers and sellers reach transaction intentions online.

The second step is that the customer chooses to use a third party as a transaction intermediary, and the customer uses a credit card to transfer the payment to the third-party account;

The third step is that the third-party payment platform transfers the payment that the customer has made Notify the merchant of the message and require the merchant to deliver the goods within the specified time;

The fourth step, the merchant delivers the goods according to the order after receiving the notification;

The fifth step, the customer receives the Notify the third party after verifying the goods;

Step 6: The third party transfers the payment from its account to the merchant's account, and the transaction is completed.

Baidu Encyclopedia-Third Party Payment