Online payment method and system

Abstract

The invention provides an online payment method and system. The online payment method comprises the steps that an electronic account which is bound to a band account of a buyer is established for the buyer, and an electronic account which is bound to a band account of a seller is established for the seller; a payment request sent by the buyer is received, and fund freezing treatment is conducted on the fund needing to be paid in the electronic account of the buyer according to the payment request; a request, sent by the buyer, for confirming payment is received, fund unfreezing treatment is conducted on the fund needing to be paid in the electronic account of the buyer according to the request for confirming payment, and the unfrozen fund is transferred to the electronic account of the seller from the electronic account of the buyer. By the adoption of the online payment method and system, the prior art that fund in transit is highly centralized to a third party is improved to the payment technology that the fund in transit is directly related to the user, so that the risk of the fund in transit is reduced, and the fund safety is guaranteed. In addition, through fund freezing and interest accrual, a payment guarantee is provided for the seller and interest income is provided for the buyer.

Description

technical field [0001] The invention relates to the field of online payment, in particular to an online payment method and system. Background technique [0002] For a long time, the lack of credit system has led to a lack of trust between buyers and sellers, which has become a major bottleneck in the development of domestic e-commerce. In recent years, an online payment credit intermediary service - third-party guaranteed payment, supervises the transaction process as an intermediary, establishes a credit system, and solves the problem of lack of credit caused by information asymmetry in e-commerce transactions to a certain extent. The transaction process of the most widely used third-party online guarantee model is as follows: After the buyer and the seller reach a commodity transaction intention or agreement online, the buyer first pays the money to the third party, which is temporarily kept by the third party until the buyer receives it. After the seller's goods are conf...

AI Technical Summary

Problems solved by technology

[0003] Since the existing online guaranteed payment is a third-party payment company of a non-bank financial institution as a credit intermediary, relying on the commercial credit of the third-party payment company, and the third-party payment company can only pay for the goods by temporarily keeping the funds in transit. Supervision, which leads to the inevitable transfer of the ownership of funds in transit during the guarantee process, that is, from the buyer to the third-party payment company, which makes the buyer bear a certain amount of financial risk

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