The invention discloses a dual-frequency antenna mobile phone, which comprises an SD card interface, a low-frequency antenna with the frequency of 13.56MHz, a high-frequency antenna with the frequency of 2.4GHz, a security certification module and a payment module, wherein the security certification module checks whether the bound number in a payment card is consistent with a sequence number of an SIM card of a mobile phone, if the bound number is consistent with the sequence number of the SIM card, the bound number in the payment card is transmitted to a certification center through a mobile channel, and is subjected to security certification by the certification center; the payment module comprises an on-site payment module and a remote payment module, wherein the on-site payment module comprises a short-distance payment module using the low-frequency antenna and a middle-distance payment module using the high-frequency antenna, which are switched through a payment control key; and the remote payment module finishes the wireless payment behavior through a mobile communication network. The mobile phone terminal provided by the invention can be separated from a financial payment card and has a plurality of coexisting payment modes. Therefore, the problem of the coexistence of short-distance, middle-distance and long-distance payment of the payment card on the terminal is solved.