Method and system for accepting various payment cards and performing transaction transfer treatment

Abstract

The invention relates to a method and system for accepting various payment cards and performing transaction transfer treatment. The method and system for transaction transfer treatment can accept the cards of various industries by using the conventional bank card payment information. The system comprises a financial terminal, an exchange system, a clearing system, an industry mechanism access preposition device, wherein the financial terminal accepts the bank cards or the industry cards and can convert the numbers of the industry cards into the numbers of the bank cards; the exchange system accepts the transaction requests from the financial terminal, and performs transfer treatment on the transaction requests of the related industry cards or the transaction requests of the related bank cards; and the industry mechanism access preposition device is arranged between an industry card issuing mechanism and the exchange system, and converts the transaction information containing transaction routing card numbers into the industry card information capable of being processed by the industry card issuing mechanism. By using the method and the system, the resources of the bank card payment exchange system can be fully utilized, and the investment of fund is reduced.

Description

technical field [0001] The present invention relates to a method and system for data transfer processing, in particular to a method and system for using a bank card payment system in a financial system to realize that a financial terminal accepts various payment cards and conducts transactions. Background technique [0002] In recent years, with the continuous improvement of market demand, industry card payment (such as bus stored value cards, various consumer cards, etc.) has become an important payment tool and payment method in the field of industry payment. The issuance and use of industry cards have the following characteristics: (1) Card standards are diversified: for example, the card media of industry cards include magnetic stripe cards, IC cards, barcode cards, etc., and the same card media has different technical standards for cards. The same, therefore, the industry card standards issued by different industries and different regions within the industry lack unifor...

AI Technical Summary

Problems solved by technology

[0006] (1) High cost of transformation and waste of resources: At present, in the process of expansion, card issuers in the merchant industry that have been able to accept cards or bank cards in other industries deploy their own acceptance terminals and construction systems, and these resource investments require a lot of money, and Form the above-mentioned "multiple machines in one cabinet" phenomenon with other terminals, resulting in waste of resources;

[0007] (2) Cross-regional funds transfer: In the case of cross-regional card transaction funds, it is necessary to solve the problems of clearing transactions in the same city and different places and fund transfers. Therefore, it is necessary for industry card issuers to build an industry card payment exchange system, and the functions of this system are similar. The construction of the bank card payment exchange system requires a lot of manpower and material resources, and most card issuers in the industry cannot complete it independently;

[0008] (3) Security risk control needs to be improved: With the expansion of industry cards to non-industry internal payment fields and the expansion of the acceptance market, the original industry card payment network security and transaction risk monitoring will inevitably fail to meet demand, while industry card issuance Institutions often lack the technological edge in this area

[0009] Based on the above reasons, the current characteristics and development model of industry cards determine that it is difficult for industry cards to be quickly used across industries and across regions, which has become the biggest bottleneck in the development of industry cards

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