The application discloses a code scanning
payment settlement
system and method, which comprises a
mobile payment terminal, a seller
payment terminal and a
server; the seller
payment terminal comprises a second positioning module, the
mobile payment terminal comprises a first positioning module and a transaction
record module, and the
server comprises a pre-
database and a pre-processor. In the application, whether the real-time position of the
mobile payment terminal of a buyer is within the first preset threshold from the transaction position is judged by the pre-processor, and then it is judged whether the alert mode or the security mode is enabled. In the alert mode, the security of the transaction is protected by encrypting the payment code to protect the seller
payment terminal of the first transaction with strangers. In the security mode, the transaction is completed as soon as possible in the vicinity of the seller
payment terminal of the completed transaction, and the situation that the payment code is stolen and brushed is avoided, so that the payment security of the buyer is improved.