Two-dimensional code payment security issues to be solved

Recently, some media recently exposed China UnionPay to develop two-dimensional code payment, the program includes online and window scanning code payment and offline scan code payment. At the same time, after the pre-technology research and development, the China Union Pay two-dimensional code payment system has been developed and is currently being discussed with the banks to promote cooperation.

China UnionPay official in charge of the "Daily Economic News" reporter said that the security issues based on two-dimensional code payment security has not been completely resolved, China Union Pay has never launched in the market two-dimensional code payment of commercial applications.

Even if the two-dimensional code payment due to security problems by the central bank halt, the reporter learned that, including Alipay and some banks did not give up the use of two-dimensional code payment, the central bank has not continued to use two-dimensional code to pay businesses or institutions to take compulsory or punishment Sexual measures.

UnionPay still insist on card payment

Recently, some media recently exposed China UnionPay to develop two-dimensional code payment, the program includes online and window scanning code payment and offline code scanning. A China UnionPay product manager told the "Daily Economic News" reporter that China UnionPay's two The nature of the dimension code payment and mobile payment NFC almost, will still adhere to the line card (bank card) payment, but the credit card process into code scanning.

He also said that even though China UnionPay is using two-dimensional code to pay, it will still pay off line primarily. From the perspective of business compliance, according to the Central Bank's Measures for the Management of Receipt of Bank Cards, Payment as the core.

A person close to China UnionPay told reporters that the two-dimensional code of China UnionPay payment is based on card payment as the main program, however, does not rule out the future use of virtual accounts to pay. China UnionPay will make use of the advantages of offline merchants in layout. In the future, POS terminals will have the function of generating QR codes and will be rolled out soon. Compared with the two-dimensional code, online payment is safer.

According to Dr. Xu Jingwen, a technical expert from China UnionPay, China UnionPay will launch related products and services only after it has developed a proven, commercially viable and controllable solution that is approved by the regulatory authorities and the cooperating agencies.

According to report, this year, UnionPay business in Inner Mongolia Branch began in early March to carry out two-dimensional code pre-authorization business promotion within the Autonomous Region, as of mid-May, branches in cities around the city has put up 84 high-end hotels Two-dimensional code pre-authorized POS terminals, the transaction number of more than 26,000 pen, the total transaction amount of more than 18 million yuan.

However, people from China UnionPay told reporters that the innovation plan adopted by the business of UnionPay in Inner Mongolia only helps customers simplify pre-authorization and does not replace credit card payment.

It is understood that the general hotel to complete this type of order transactions, is divided into two steps: The first step is pre-authorized need credit card, while the hotel front desk will record card number, pre-authorization number and order number; The second step is the guests checkout When, need to do pre-authorization to complete, the whole process takes a long time. Inner Mongolia UnionPay business two-dimensional code program is to simplify pre-authorization to complete this process.

Two-dimensional code payment is still in use?

On March 13, 2014, the Central Bank issued the emergency document "Opinions of the Payment and Settlement Department of the People's Bank of China on Suspension of Alipay Company's Off-line Barcode (Two-dimensional Barcode) Payment Business", Stopped Barcode (Two-Dimensional Code) Payment Service .

However, the "Daily Economic News" reporter noted that Alipay and some banks are still not suspended two-dimensional code payment, the user can continue to use. Users use Alipay wallets and Tmall Mall scanning two-dimensional code, you can enter the password to pay, and many large banks and joint-stock banks in the mobile banking APP also has embedded two-dimensional code payment capabilities.

In April 2013, CITIC Bank integrated the two-dimensional code payment with NFC payment and whole network collection to be integrated into the product named "Heterogeneous Payment". Banks such as ICBC, CCB, SPDB, Minsheng Bank, APP added a two-dimensional code payment function.

The major payment agencies are reluctant to give up the QR code payment market. Xu Yuwen, founder of China Payment Network, told reporters that the payment agencies' introduction of QR codes is an inevitable requirement for the development of the market and business, but the payment risk and the convenience of payment still need to be measured. "The central bank has not completely stopped the two-dimensional code as a way to pay for the carrier, but the central bank needs to control the overall risk level, such as two-dimensional code to pay the limit, the use of scenarios."

Prior to that, Prince Alipay Alipay PR told reporters that the two-dimensional code as an information interface, there is no security problem itself, Alipay wallet can only read the company's two-dimensional code of goods information. A former Alipay sweeping code business manager also told reporters that the Alipay two-dimensional code payment in the current use of the scene is safe.

However, payment agencies are also increasing security investment. April 9, Alipay announced in Beijing will jointly build a multi-security fund, the first batch of 40 million yuan. TenPay also asked Micro POS two-dimensional code to pay hardware manufacturers to raise the security level.