The invention provides an on-site payment transaction mode of the mobile Internet, which belongs to the technical fields of software, mobile communication, Internet, 3G, mobile Internet, intelligent mobile phones and bar code scanning. The technical problem to be solved by the invention is that: a near-field communication technology is adopted for the present point of sale (POS) machine payment and the mobile payment of banks, however, the near-field payment technical standards are unified so far; a POS terminal is expensive, is hard to popularize, and causes many troubles for the payment promotion and brings difficulties to user payment, so that the POS terminal is not beneficial to commodity transaction. The invention aims to realize the free payment by using the mobile Internet technology, the software technology, the mobile communication technology and the like rather than the near-field communication technology and the POS machine. The key point of the technical scheme provided by the invention is that: all the transactional functions, such as merchant number identification, user identity information identification, man-machine interaction, safe communication, transaction status display, transaction process control and the like are realized mainly through using the mobile Internet technology, the software technology, a terminal technology, an encrypted communication technology, a cloud technology, a security technology and the like.