What is Express Payment? How to apply for payment interface?
Quick payment, also known as electronic payment or third-party payment, has been widely used in the industry. Users simply complete the transaction through their bank. Convenience and speed mean that banks can support transfers, payments and other instant settlement services between users under any conditions. Fast payment means that users can handle bank cards and other related operations by themselves through their mobile phones. But now most people pay with traditional credit or debit cards. This method is safe and fast and does not require carrying large amounts of money. Nowadays, there are more and more third-party payment systems such as Alipay, WeChat and others.
What is Express Payment?
Quick payment is a payment method based on the mobile phone number and SMS verification code retained by the bank for identity verification and payment authorization. Quick payment does not require consumers to enter bank card numbers, passwords and other information. They only need to enter the reserved mobile phone number on the merchant's payment page, then receive the SMS verification code and enter it to complete the payment. Quick payment can achieve a fast, convenient and safe payment experience, and is widely used in online shopping, daily payments, personal transfers and other scenarios.
Fast payments are usually provided by banks or third-party payment institutions. Consumers need to complete the operation of reserving a mobile phone number with their bank card before activating quick payment. Compared with other payment methods, Express Payment uses bank cards for identity verification and payment authorization, which is more secure and reliable. At the same time, the risk of fast payment is lower, and enterprises can enjoy lower payment rates. Quick Payment also supports inter-bank payments. Consumers can complete payments without having to hold a card from the bank where the business is located.
Common quick payments include the following:
1. Bank card quick payment: identity verification and payment authorization are performed by reserving a mobile phone number and SMS verification code, and support inter-bank payments such as China UnionPay quick payment and Alipay quick payment.
2. Mobile phone number payment: Identity verification and payment authorization are performed by binding mobile phone number and payment password. WeChat payment, Alipay payment, etc. are supported for binding bank card and balance payment.
3. One-click payment: Through the one-click payment function provided by third-party payment platforms such as Alipay and WeChat, payment can be completed quickly without entering a large amount of information.
4. Fast withholding: Identity verification and payment authorization reserve the mobile phone number and SMS verification code through the consumer's bank card to realize periodic payment operations such as water, electricity, coal payment, and credit card repayment.
The above-mentioned fast payment methods can achieve a fast, convenient and safe payment experience, and are widely used in online shopping, daily payments, personal transfers and other scenarios. You can choose which fast payment method according to your needs and actual situation.
Advantages The
main advantages of quick payment are as follows:
1. Fast and convenient: Through the verification of the mobile phone number reserved by the bank card, consumers can quickly complete the payment without entering bank card number, password and other information, saving payment time and trouble.
2. Safe and reliable: Compared with other payment methods, Quick Payment uses bank cards for identity verification and payment authorization, which is more safe and reliable.
3. Low risk and low cost: The risk of fast payment is low. Merchants can enjoy lower payment rates while reducing the risk of fraud.
4. Inter-bank support: Quick payment supports inter-bank payment. Consumers can complete the payment without the merchant's bank card, making it convenient for consumers to make inter-bank payments.
Activating quick payment can bring us the following conveniences:
1. Save time: The quick payment process is simple and fast, without the need to enter a lot of information, which can save payment time.
2. Convenient and fast: Quick payment can be made anytime and anywhere without going to a bank counter or ATM machine, making it convenient for consumers to make payments.
3. Safe and reliable: Compared with other payment methods, Quick Payment uses bank cards for identity verification and payment authorization, which is more safe and reliable.
4. Inter-bank payment: Quick payment supports inter-bank payment. Payment can be completed without holding a bank card of the merchant's bank, making it convenient for consumers to make inter-bank payments.
In short, the opening of fast payment can bring a more convenient, faster and safer payment experience, and provide better payment services for consumers and merchants.
