The invention relates to a visible-code-based payment method and system with multiple security combination mechanisms, wherein the visible code is a two-dimension code or a bar code or a character code or combination of the two-dimension code, the bar code and the character code. The visible-code-based payment method and system with the multiple security combination mechanisms is characterized in that on the basis of an existing transaction payment system (such as an Internet channel, a mobile intelligent client terminal, an ATM, a POS and a counter), payment card information used for authentication during transaction payment is generated in a self-service mode in a card issuing bank/card issuing mechanism system by a cardholder, the payment card information at least comprises a payment card number, personalized welcomes, an acquiring bank identification code, a commercial tenant name, a commercial tenant code, a card acceptor terminal identification code, an actual validity period, a one-time/multi-time card, a service code/service constraint, a CVN, a personal identification code, a dynamic verification code receiving number, the allowed retyping frequency, a transaction money code, limit amount, cardholder identity authentication information (such as the cardholder identification numbers, fingerprints, a digital certificate and a seal impression) and the like, the payment card information is used as the basis of the multiple security combination authorization mechanisms, and the payment card numbers can be applied to the transaction payment method and system through the visible code (such as the two-dimension code, the bar code, the character code and the combination of the two-dimension code, the bar code and the character code).