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Payment method and payment system

A payment system and payment terminal technology, applied in the payment field, can solve problems such as transaction payment restrictions

Active Publication Date: 2016-04-27
KUANG CHI INTELLIGENT PHOTONIC TECH
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Although this traditional "swipe card" payment method allows consumers to avoid carrying a large amount of cash with them, consumers still have to carry a payment account for card payment, which limits transaction payments.

Method used

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  • Payment method and payment system
  • Payment method and payment system
  • Payment method and payment system

Examples

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Embodiment Construction

[0010] The present invention will be described in detail below in conjunction with the accompanying drawings and specific embodiments. Note that the aspects described below in conjunction with the drawings and specific embodiments are only exemplary, and should not be construed as limiting the protection scope of the present invention.

[0011] figure 1 is a block diagram showing the payment system 100 according to the first embodiment of the present invention. The payment system 100 may include a payment terminal 110 . like figure 2 As shown, payment terminal 110 may be any suitable portable terminal including signaling unit 116, such as a cellular phone, satellite phone, cordless phone, personal digital assistant (PDA), handheld device with wireless connectivity, a computing device, or Other processing devices connected to wireless modems, etc. The payment terminal 110 can use the signal transmitting unit 116 to communicate with other devices capable of receiving signal...

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Abstract

The invention provides a payment method comprising the following steps: a payment terminal sends payment identity information to a receiving terminal in the form of signal transmission; the receiving terminal sends a transaction request to a settlement platform, wherein the transaction request includes the payment identity information; and the settlement platform implements settlement based on verification of the payment identity information.

Description

technical field [0001] The invention relates to payment technology, in particular to a payment method and system. Background technique [0002] At present, consumers can use their payment accounts (for example, prepaid cards issued by merchants, all-in-one cards, etc.) to settle by swiping their cards on the POS terminal when making transaction payments. Although this traditional "swiping card" payment method can allow consumers to avoid carrying a large amount of cash with them, consumers still have to carry a payment account to pay by swiping a card, which limits transaction payments. With the popularization of mobile communication technologies, people often carry mobile terminals with them. The multimedia function of the mobile terminal is already a standard configuration, for example, many mobile terminals have a signal transmission function. Therefore, it will be extremely convenient if the mobile terminal can be used to realize transaction payment. Contents of the ...

Claims

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Application Information

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Patent Type & Authority Patents(China)
IPC IPC(8): G06F21/30H04B10/116
CPCG06Q20/20G06Q20/3829G06Q20/4014
Inventor 不公告发明人
Owner KUANG CHI INTELLIGENT PHOTONIC TECH