Mobile Payment

Mobile phone payment is allowed to move the user mobile terminal (usually mobile phone ) to consumer goods or services to accounts to pay a service method. Following the card payment, online payment, mobile phone payment has become a new favorite.

Basic concept

Mobile phone payment of mobile payment, is allowed to move the user mobile terminal (usually mobile phone ) to consumer goods or services to accounts to pay a service method. Following the card payment, online payment, mobile phone payment has become a new favorite.

Method of payment

Mobile phone payment in three ways.

The first way: costs through mobile phone bills collection, users pay their mobile phone bills to pay the costs, in this way, the mobile operators to provide users with credit, but the charges on behalf of the telecom operators have to exceed the scope of the financial business too, so the range was limited to download mobile phone ring limited business, trade credit restriction. ( mobile phone fee payment )

Second ways is the cost from the user's telephone bank account ( debit account ) or credit card account, in this manner, the mobile phone is a simple information channel, the user's bank account or credit card number and mobile phone connection, if the replacement of mobile phone number need to bank the change. ( the specified binding bank payment )

Third kinds of ways without binding mobile phone payment, individual users without the bank opened mobile phone payment function, can achieve a variety of with a Union Pay sign debit card payments, using double channel communication mode for communicating, asynchronous transmission, more safe and quick, relatively speaking this way is simple, convenient, fast. ( i.e.: UnionPay fast payment )

Editor this paragraph payment principle

Mobile phone payment is the basic principle of the user mobile phone SIM card and the user's bank card account number to establish a one one to one correspondence, users through SMS system SMS commands in the way, under the guidance of the completion of the transaction payment request, simple operation, can be traded whenever and wherever possible. The user can also through WAP and client two payment, without any binding, the user message guided to complete the transaction, only need to import the bank card number and password, bank settlement. Mobile phone payment this personalized value-added services, can achieve many of the cost function, the service on mobile payment and consumption. When we are in a vending machine to find no coin and anxious when the mobile phone payment, can easily solve the problem. When the customer in the field, or mobile operators in the business office after work, in order to pay the phone looks around, looking for mobile recharge card, and the cost of energy, mobile phone payment will really let mobile phone become portable electronic wallet.