China UnionPay insists on paying by card, and the two-dimensional code is still in use?

Recently, the media has exposed China UnionPay recently developed two-dimensional code payment, the scheme includes line and window sweep code payment and line sweep code to pay. At the same time, after the previous technical research and development, China UnionPay Two-dimensional code payment system has been developed, and the Bank is currently discussing cooperation promotion issues.

China UnionPay, the relevant head of the daily economic news reporter said that based on two-dimensional code payment security problem has not been thoroughly resolved, China UnionPay in the market has never launched a two-dimensional code to pay the commercial application.

Even if the two-dimensional code to pay for security issues by the central bank to stop, the reporter learned that, including Alipay and some banks did not abandon the use of two-dimensional code, the central bank also did not continue to use the two-dimensional code to pay businesses or institutions to take mandatory or punitive measures.

UnionPay still insists on paying by card

Recently, the media has exposed China UnionPay recently developed two-dimensional code to pay, the program includes line and window sweep code payment and line sweep code payment, China UnionPay a product manager told the Daily Economic news reporter, China UnionPay's two-dimensional code payment essence and mobile payment NFC is similar, still insist on the offline card (bank card) payment, Just turn the swipe card process into a sweep code.

He also said that China UnionPay, even if the use of two-dimensional code to pay, will still be based on offline payments, from the business compliance point of view, according to the central bank, "bank card receipts Business management measures", offline receipts to card payment as the core.

A person close to China UnionPay told reporters that China UnionPay's two-dimensional code payment is based on card payment as the main solution, but also do not rule out the future use of virtual account payments. China Banking Federation to give full play to the advantages of the merchant under the layout line, the future POS terminals will have the ability to generate two-dimensional code, and soon spread out, compared to the two-dimensional code line payment, offline payment to be more secure.

China UnionPay Technical expert Dr. Xu Jingwen, China UnionPay has developed a mature technology, business feasible, and safe and controllable solutions and access to regulatory agencies and cooperation agencies recognized before the launch of related products and services.

According to the reporter understand, before, UnionPay business in Inner Mongolia in March this year began in the scope of the autonomous region to carry out two-dimensional code pre-authorized business promotion, as of May mid-autumn, the branch has been in the city in high-grade hotels have placed 84 two-dimensional code pre-authorized POS terminals, more than 26000 transactions, The total amount of the transaction is over 18 million yuan.

However, China UnionPay people told reporters that the Inner Mongolia UnionPay Business Innovation Program is only to help guests simplify the advance authorization to complete this step, and no replacement card payment.

It is understood that the General hotel completes this kind of order kind of transaction time, divides into two steps: The first step is authorizes to require the credit card, simultaneously the hotel front desk will record the card number, the authorization number and the order number, the second step is the guest checkout time, needs to do the authorization to complete, the whole process time is Inner Mongolia UnionPay business's two-dimensional code scheme is to simplify the pre-authorization to complete this process.

Is the two-dimensional code payment still in use?

March 13, 2014, the central bank issued an emergency document, "The People's Bank of China to pay the settlement division on the suspension of payment Bao company line bar code (two-dimensional code) payment of business advice," Call the bar code (two-dimensional code) payment services.

However, the daily economic news reporter noted that Alipay and some banks still did not suspend the two-dimensional code payment, users can continue to use. The user uses the payment Treasure Wallet to scan Taobao and the day Cat Mall two-dimensional code, may enter the password payment, but many big banks and the joint-stock Bank mobile phone Bank app also has embedded the two-dimensional code payment function.

April 2013, Citic Bank to the two-dimensional code payment and NFC payment, the net receipts and so on together into the "different payment" products, ICBC, CCB, Pudong, people's livelihood and other banks in mobile banking app has added two-dimensional code payment function.

The big pay agencies are unwilling to give up the two-dimensional code payment market, China Payment Network founder Xu Yuwen told reporters that the payment agencies to launch two-dimensional code is the market and business development of the inevitable demand, but still need to measure the risk of payment and payment facilitation. "The central bank did not completely stop the two-dimensional code as a payment carrier, but the central bank needs to control the overall level of risk, such as a two-dimensional code to pay the limit, the use of the scene." ”

Previously, Alipay public relations ziling to reporters that two-dimensional code as an information interface, itself does not exist security issues, Alipay Wallet can only read the company's two-dimensional code information. A former Alipay head of the business also told reporters that Alipay's two-dimensional code payment is safe in the current usage scenario.

However, payment agencies are also increasing their investment in security. April 9, Alipay announced in Beijing will jointly build a security fund, the first investment of 40 million yuan. Tenpay also requires micro-pos two-dimensional code to pay for hardware manufacturers to improve security levels.