A: MOTOpay, the full name of credit card remote collection system, is mail order and telephone order payment. It mainly solves the payment problem of non-face-to-face transactions for merchants and consumers, that is, when consumers order goods by telephone, email, fax or website, they only need to report the credit card number, expiration date and cardholder's name, and the payment process can be completed within 3 seconds.
MOTOpay product derivative background:
In the economic era of pursuing aging experience, the in-depth development and extensive extension of e-commerce enable us to enjoy convenience and speed in many fields anytime and anywhere. With the comprehensive popularization of civil aviation e-tickets in 2006, the traditional purchase concept and transaction channels have been completely changed, resulting in a huge demand for industry payment. And the existing main payment methods: online payment, post office or bank remittance, cash on delivery and so on. Can it meet the surge in user demand? Let's compare:
Online payment:
◆ User account security: If a suitable payment platform is not adopted, the information security of user accounts may be threatened by cyber hackers.
Threats such as virus flooding, once the account number and password are monitored and stolen during the online process, even if the bank card is in hand, the money in the account may be
"Missing".
◆ Network environment requirements: Although offices, Internet cafes, homes and computers with mobile network cards can access the Internet, it is obvious that online payment can be made.
The operation of is limited by the hardware of Internet access conditions.
◆ Bank card opening restrictions: Bank cards for online payment need to go to the bank to open the online payment function. If you don't apply for a digital certificate, you will get support.
Payment limit.
Post office or bank remittance:
◆ It takes time on the way to the post office or the bank to queue up for business, confirm the remittance arrival and payment process.
The demand for force is too complicated.
◆ The service hours of banks and post offices are synchronized with the working hours of most office workers. Remittances can only be made during lunch breaks and weekends, which has strong limitations.
◆ The transfer cycle between banks is different, which reduces your capital flow speed to some extent.
Cash on delivery:
◆ Consumers must wait for the staff to come to the door at the previously agreed time and place, which is too restrictive.
◆ Large cash receipts and payments may cause problems such as loss, theft and receipt of counterfeit money. For consumers and recipients.
◆ The labor and transportation costs of door-to-door collection are high, and the risk of internal theft and absconding with money may exist in entrusted logistics collection, and the collection time is too long.
It's also longer.
The above traditional payment methods have brought benefits to the majority of businesses, but they also have certain limitations. Especially in recent years, domestic credit card (debit card) business has grown rapidly. By the end of 2007, the number of credit cards issued was 70 million, a year-on-year increase of 65,438 +0.40%. The common payment method in the world is to use credit card. In China, is there any payment method that can be based on credit card and is not limited by online conditions, time and place? MOTOpay, a credit card remote collection system provided by online banking payment, allows customers to pay easily anytime and anywhere!