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Payment method and payment system based on virtual card

A virtual card and issuer technology, applied in the payment system, payment system structure, equipment, etc., can solve the problems of user property loss, criminals stealing account numbers, card threats, etc.

Inactive Publication Date: 2016-05-18
CHINA UNIONPAY
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0004] However, there are many malicious acts on the Internet nowadays. Whether using bank card numbers and passwords or using smart terminals for online transactions, criminals may steal account numbers, which will bring certain threats to users’ card use and easily cause users property damage

Method used

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  • Payment method and payment system based on virtual card
  • Payment method and payment system based on virtual card

Examples

Experimental program
Comparison scheme
Effect test

no. 1 approach

[0118] Next, the payment method based on the virtual card according to the first embodiment of the present invention will be specifically described.

[0119] figure 2 It is a sequence diagram showing the payment method by the virtual card according to the first embodiment of the present invention.

[0120] like figure 2 As shown, the virtual card-based payment method of the first embodiment of the present invention includes: a virtual card issuance step, a virtual card activation step, and a virtual card payment step (mobile terminal acceptance mode).

[0121] Next, these specific steps will be described.

[0122] 1. Virtual card issuance steps

[0123] 1) The user installs the APP licensed by the account issuer. The APP provides the account issuer with APP software for managing virtual cards. The APP may be the account issuer's APP or a third-party APP authorized by it.

[0124] 2) The user sets the access password of the APP.

[0125] 3) The user applies for a virtual...

no. 2 approach

[0173] Next, the payment method based on the virtual card according to the second embodiment of the present invention will be specifically described.

[0174] Compared with the payment method based on the virtual card of the first embodiment, the payment method based on the virtual card of the second embodiment is the same as the virtual card issuing step and the virtual card activation step, and the difference lies in the virtual card payment step (internet mode), Therefore, the description of the virtual card issuing step and the virtual card activation step is omitted here, and only the virtual card payment step is described.

[0175] Next, the virtual card payment procedure of the second embodiment will be described.

[0176] The virtual card payment step of the second embodiment includes the following sub-steps:

[0177] 1) Users use PC / PAD and other devices to log in to the website to browse merchant information and generate orders.

[0178] 2) The user selects the vir...

no. 3 approach

[0200] Next, the payment method based on the virtual card according to the third embodiment of the present invention will be specifically described.

[0201] Compared with the virtual card-based payment method of the first embodiment, the virtual card-based payment method of the third embodiment has the same virtual card issuance step and virtual card activation step, and the difference lies in the virtual card payment step (POS mode), Therefore, the description of the virtual card issuing step and the virtual card activation step is omitted here, and only the virtual card payment step is described.

[0202] Next, the virtual card payment procedure of the third embodiment will be described.

[0203] The virtual card payment step of the third embodiment includes the following sub-steps:

[0204] 1) After the user finishes shopping in the offline store, he opens the mobile terminal APP at the POS cash register, selects a virtual card and selects the offline consumption function...

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PUM

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Abstract

The invention relates to a payment method based on a virtual card. The method comprises a virtual card issuance step, a virtual card activation step and a virtual card payment step. In the virtual card payment step, an APP calculates the authorization information of a virtual card of a consumer, the mobile terminal of an acceptor acquires the authorization information of the virtual card of the consumer and virtual card information, the acceptor sends the acquired virtual card information and consumption information and the account information of the acceptor to an account issuer of the consumer through a transit network, the account issuer verifies the virtual card information and the consumption information, and transaction is completed and the transaction result is sent to the payment transit network after the virtual card information and the consumption information pass verification. According to the invention, the virtual card can replace actual cards, and the security of payment is improved.

Description

technical field [0001] The invention relates to the technical field of computer applications, in particular to a virtual card-based payment method and payment system. Background technique [0002] With the rapid development of the Internet and e-commerce, more and more companies or individuals start to conduct business online, which greatly facilitates the public, who can enjoy various services and information without leaving home. Usually cardholders use bank cards to make online payments when receiving services or information online, and need to enter the bank card number and password. There are certain hidden dangers in this payment method. The credit card and password transmitted on the Internet may be obtained by a third party and stolen, resulting in the loss of the user's funds. [0003] On the other hand, with the development of smart terminals, payment methods based on smart terminals are becoming more and more popular, and many smart terminals can also participate...

Claims

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Application Information

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IPC IPC(8): G06Q20/40G06Q20/36
CPCG06Q20/3263
Inventor 丁林润肖波孟宏文
Owner CHINA UNIONPAY
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