Prepaid Payment System

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How to interpret the so-called "prepaid card"

Prepaid card is the abbreviation of prepaid card, as the name implies is the first to pay and then consumption of cards. After the introduction of the method, the prepaid card means a third party to pay the prepaid value of the goods or services that are issued for profit, and purchase outside the issuing institution, including the prepaid cards issued in the form of magnetic stripe, chip and other technology. Unlike traditional scorecard, store value card, the method issued by the third party to pay the issuance of prepaid cards will be able to have a real financial payment function, such as you go to the mall to buy clothes, watching movies, taxis can be used to brush prepaid cards, but different from the previous scorecard, stored value cards ...

Beijing taxi app to push the call fee prepaid system

Absrtact: With the official intervention, the Beijing taxi app pattern constantly changes, in the four taxi app into the official system, the Beijing Transport Authority recently again launched the New Deal, the following for the "Beijing Times" to understand the relevant information, by Sohu it editor. 1. Play ...

Shopping card behind the scenes drill "class finance" prepaid mode

The fans of the store's shopping cards have recently lost heart. The People's Bank of China has decided to register with non-financial institutions that are involved in the payment of liquidation operations nationwide. Before July 31, in addition to Alipay, QQ coins, as well as bus cards and other payment methods, engaged in electronic money distribution and liquidation of the Organization, also need to register one by one.  This means that in recent years, the introduction of a variety of shopping card issuers, commissioned by the Third-party professional institutions, is also one of the central bank's main target. This is not the first time the "shopping card" has been regulated by the relevant government departments. When the public opinion focus on the shopping card caused by ...

Third party payment implementation rules issued

"Caijing comprehensive report" The People's Bank of China 3rd publicly issued "Non-financial institutions payment service Management measures" (hereinafter referred to as the "rules"), the payment agencies engaged in the payment business of the most basic rules, the applicant qualification conditions, etc. to refine. The implementation of the rules of the introduction of the third party to pay the business license to apply for the final policy threshold to eliminate. According to the Southern Metropolis Daily, some central bank authorities have revealed that the first permits are likely to be issued within the year. There are also sources in the industry that the first batch of payment licences should not exceed 5, the statistics show that 2008 ...

Electronic payment is the revolutionary meaning of e-commerce

Electric business blowout, fierce competition. E-commerce is a new type of economic activity, which has become an important part of our strategic emerging industry and modern circulation mode. China's e-commerce is in the blowout period, but the competition is extremely fierce. 2012 China's e-commerce turnover exceeded 7.5 trillion yuan. Ali's Taobao and Cat's total turnover on November 30, 2012 21:50 Breakthrough 1 trillion yuan, equivalent to the national social consumer goods retail total 18.39 trillion of 5.4%, after Guangdong, Shandong, Jiangsu and Zhejiang consumer goods sales, or even more than the ranking ...

There are five major problems in the third party payment business

With the introduction of the People's Bank's "non-financial institution payment service Management scheme" and the issuance of the first batch of payment licences in 2011, the third party payment institution has ushered in a good opportunity to flourish. 2011 Third Party payment industry continued to maintain strong growth, the overall transaction size reached 2.2038 trillion yuan, an increase of 118%. It is expected that by 2013, China's electronic payment industry transactions will exceed 4 trillion yuan. Third party payment institutions are becoming a useful supplement to our payment system. At the same time, in order to standardize the management of third-party payment institutions, the People's bank has drafted a number of money, bank cards ...

Mobile payment usher in the era of technological innovation

Mobile Payment Opportunity Unlimited mobile payment as a Cross-border business form, its business has been carried out for quite a long time. With the increasing popularity of smartphones and 3G networks and the rich background of mobile Internet application, mobile payment has achieved rapid development, which has achieved substantial breakthroughs in terms of turnover, number of trades, and industry coverage. As a new means of payment, mobile payment improves the user's payment experience, and brings new opportunities for financial institutions, operators, third party payment companies and merchants, and gradually receives worldwide attention. In recent years, the development of global mobile payment industry ...

The bank-monopolized payment market suddenly added nearly 200 third party payment companies

Abstract: Who can imagine that in just 1.5 of the time, the bank monopoly of the payment market suddenly increased by nearly 200 third-party payment enterprises. This is not just a change in numbers. This year, a variety of strange and bizarre payment experience has emerged: if you eat in the café who can think of a short 1.5 of the time, the bank monopoly of the payment market suddenly increased by nearly 200 third-party payment enterprises. This is not just a change in numbers. This year, a variety of strange and bizarre payment experience has emerged: if you eat in the café, found that you forget to bring cash, this time just shake the phone ...

NET purchase prepaid card into new focus should be a heavy rectification of network management

Another year "3.15", the theme of this year's Consumer rights Day is "consumption and security", CCTV "3.15" Party program group also this year's one line of the call to lock in the "who is responsible for online shopping," the rights of the Sword to the Internet to buy a variety of fraudulent behavior. And as the key link of online payment, the Internet users experienced fraud experience is also a minority. All along, the security issue has always been puzzling the healthy development of electronic banking, especially in the current Alipay, Tenpay and other third-party payment enterprises wind, everywhere, online payment ecology increasingly diversified background, as consumers ...

Sadie Consultant: Third party payment scale 10 trillion new market pattern emerges

Wen/formidable Sadie consultant "China third party payment Industry Development Research Report (2013)" recently released in Beijing. The report noted that China's third-party payment industry has entered a new phase, online and offline market is through the form of mobile technology, O2O and other forms of continuous integration. In the process, China's third-party payment industry has a lot of new development characteristics and important market changes, these changes will have a far-reaching impact on the future development of the industry. Therefore, from the perspective of the Chinese third-party payment industry to scan, and carefully comb the development of the major market segments ...

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