What Are the Pros and Cons of Paying by Direct Debit?

Online payment is a form of electronic payment. It is an instant payment method through a payment interface provided by a third party with a bank. The advantage of this method is that funds can be directly transferred from the user's bank card to the website account In China, the remittance will arrive immediately without manual confirmation. Customers and merchants can use credit cards, e-wallets, e-checks, and e-cash to make online payments, and the use of online electronic payments saves transaction costs.

online payment

Online payment is

From the perspective of online payment providers,

Let's take a look at the development of online payment in China through specific data from the domestic Internet payment research report, iRresearch, a well-known Internet economic research center in China:

"In recent years, China's online payment has gradually entered a faster growth stage after a slow introduction and cultivation phase. In order to promote people's rational understanding of the market and promote the market's faster maturity, the well-known Internet economy in China Research Center--iRresearch iResearch has conducted professional research on the Chinese online payment market for half a year, and officially released the "2005 China Online Payment Research Report" (hereinafter referred to as "Online Payment Report").

As there is currently no professional company in China to study the online payment market, and there is a lack of second-hand information for reference, coupled with the sensitivity of online payment amounts, various accurate data is extremely difficult to obtain. To this end, iResearch employed 4 researchers for six months. , Conducted dozens of in-depth interviews with major domestic online payment-related companies, objectively and truly understood the current development status of China's online payment market, and conducted a large number of online questionnaires to survey users' online payment usage, satisfaction and consumer propensity. Professional analysis for the desire to understand China

1 Authenticate both parties to a transaction and prevent payment fraud. can be used

Compared with traditional payment methods, online payment has the following characteristics:

1 Online payment uses advanced technology to complete information transmission through digital circulation.

The general process of online payment based on the Internet platform is as follows:

1 Customer access

Online banking to pay

Pay directly by logging into online banking. Requirement: Online banking payment can only be made after opening online banking, which can realize UnionPay online payment, credit card online payment, etc. This payment method is directly paid from bank card.

Third party payment

Third-party payment itself integrates multiple payment methods, and the process is as follows:

1 Top up the money in online banking to a third party.

2 When the user pays, the payment is made through a deposit in a third party.

3Cash fee is used for withdrawal. Third-party payment methods are diverse, including mobile payments and landline payments.

The most commonly used third-party payments are Alipay, Tenpay, Huanxun Payment, Yibao Payment, Quick Money, and Online Banking Online. Among them, as an independent online merchant or a website with a payment business, the most commonly chosen is Alipay, Huanxun Pay, Yibao Pay, and Quick Money.

Although the development of online payment is generally optimistic, some exposed online security problems still cast a shadow on online payment.

The United States' "Computer Security Threat Report" shows that the number of malicious computer-made attacks in the United States far exceeds any other country. Due to fierce competition among criminal groups, the price of stolen financial information is also falling.

There are still many challenges facing online payments at this stage.

(1) Insufficient credit and related knowledge have led enterprises and customers to be skeptical about the safety and convenience of online payment and settlement, and be cautious or even negative about adopting online payment methods.

(2) Online payment and e-banking are the main settlement methods for both parties in e-commerce. This requires changing the traditional payment and settlement habits of the past. However, because many businesses and customers have difficulty adapting and accepting this method, they often resist e-commerce.

(3) Online payment and e-banking need a perfect technical platform and management mechanism. There should be a lot of high-tech technologies in the middle. The technical and management control capabilities of many banks are not enough to support the reliable operation of online payment settlement. This includes many influencing factors, including network construction, broadband, data security issues during transmission, and national management systems. Among them, especially security issues, such as hacking attacks, the lack of a unified and authoritative global or national

With the rapid development of network technology, the "online shopping" that came into being has been more and more accepted by the public, and it has gradually become a mainstream shopping method for people. Because it is closely related to money bags, it is even more important to ensure the safety of online payment when enjoying the convenience of online shopping. To ensure the safety of online funds, have you really done adequate protection work? Below, we will take a look at some of the more common misunderstandings of online payment:

1A password goes to the world, and the password is easy to remember:

Description: Some netizens set all accounts and passwords to the same, and like to use birthdays, ID numbers and other numbers as account passwords. Such passwords can be easily cracked by theft robbers, and any data leakage will most likely cause the user's account chain to lose security.

Tips: Set a separate password for your online payment account, and use a combination of "number + letter + symbol" high-security password. For example, Alipay has two passwords: login password and payment password, which must be set differently.

2Accounts and passwords are stored in the computer for easy remembering:

Description: Some netizens like to save the account password in a file on the computer. If the computer is on the Internet, it may be violated by Trojans, and the account password may be leaked.

Tips: Do not save your account and password on a networked computer. For some unfamiliar websites, you must be cautious when filling in the information.

3 The link provided by the seller will not be a problem

Description: Some netizens trust the seller when they buy online, without any thought, they click the unknown link sent by the seller. The link sent by the seller may be a Trojan website, and random entry may be attacked by the Trojan, thus leaking the payment account and password.

Tips: Log in to the correct website and follow the shopping process to purchase and pay directly on the platform. Do not easily click on unknown links sent by the seller.

4Account "streaking" is the most convenient

Description: Some netizens think that the online shopping plan is convenient and fast, using digital certificates, Baoling is too cumbersome, and installation is also cumbersome. In fact, without some protection of security products, accounts can be easily hacked.

Tips: Use digital certificates, treasure orders, payment shields and other security products that can help improve the security level of your account. With these security products installed, even if the user is stolen, the thief cannot operate the funds without a certificate, payment shield, or treasure order, and the user can avoid loss of funds. Alipay's digital certificate can be installed for free, and the steps are simple. When using it on different computers, it is also very convenient to reinstall or delete it through a mobile phone verification code.

Bind your phone and use your mobile dynamic password. Alipay and other online payment accounts support binding mobile phones, and support setting mobile phone dynamic passwords. The user can set a mobile phone password verification when the single payment limit or the cumulative daily payment limit exceeds a certain amount, thereby enhancing the security of funds.

5 Safer Payment with Online Banking

Description: Some netizens think that with online banking operations, with USB shield and other hardware in their hands, transactions must be safe. In fact, many trojans are fraudulent in the middle step of jumping from a third-party payment platform to an online banking page.

Tips: Due to the existence of Trojan fishing, the process of the payment platform jumping to online banking is easy to use. In addition to online security, online payment guarantees are also important. I recommend that you use Alipay to pay faster. Since the payment operation is unified on the Alipay platform, there is no need to jump, which can effectively block the space for phishers to use the page jump for phishing fraud. Users can enjoy full payment protection as long as the payment operation is performed through fast payment. Alipay will pay in full if it encounters financial losses such as fraud.

For the same type of bank, online banking can be used to connect related businesses between regions, reducing the transaction costs required for business.

According to the website of the Central People s Bank of China, the People s Bank of China recently issued the 2014 Notice on the Operation and Maintenance Arrangement of Payment and Clearing System. According to the notice, the payment and clearing system will be suspended once during the Spring Festival in 2014. The specific time is: 16:00 on January 30 to 18:30 on February 2. The micropayment system, online payment interbank clearing system and the whole country will be suspended. Check image exchange system: The electronic commercial money order system will be suspended from 20:00 on January 30 to 20:00 on February 2. ^[1]

In addition, according to the notice, in order to complete the operation and maintenance of the payment and clearing system and the front-end units of participating institutions, and cooperate with the promotion of the second-generation payment system and the central bank's accounting data centralized system, the payment and clearing system will have maintenance windows in 2014 Opened 13 times, January 18, February 15, February 22, March 22, April 26, May 24, June 28, July 26, and August 23, respectively , September 20, October 25, November 22, and December 13 starting at 00:00 and ending before 08:00. During the opening of the maintenance window, the small payment system, online payment inter-bank clearing system and the national check image exchange system were temporarily suspended.