Online payment

Online payment is a payment interface between the banks paid by third parties, the benefits of this approach is that funds transfers from the user's bank card to the website account, remittances arrive credit card payment service at once, the need to manually confirm. And bank transfers（including the biggest difference is that online personal bank transfer or bank counter cash transfer）can automatically confirm the prepayment.

The basic process

Internet platform online for general process is as follows:

1.Customers access the Internet (Internet), browser browse the merchandise, selection of goods to fill in network order, select the application of network payment and settlement tool, and authorized by the Bank, such as bank cards, electronic wallets, electronic cash, electronic checks or online banking account.

2.Client-related order information, such as payment information is encrypted, to submit an order online.

3.The merchant server to check on the customer's order information to confirm, and related to the encrypted customer payment information is forwarded to the payment gateway, to confirm the bank until the bank's private network back-end business server, from banks and electronic money issuer validation authorized the disbursement of funds.

4.Bank verification to confirm, set up the encrypted communication channel through the payment gateway, back to the merchant server to send confirmation and payment and settlement information for the further security, back to the customer to send payment authorization request

5.Bank customers coming from further authorized billing information, funds transfers from customer accounts to e-commerce merchant bank account with the financial private network for clearing and, respectively, to merchants, customers send the payment and settlement success of information . Payment was successful and shipping notification sent to the customer network。

6.The merchant server receives the bank sent a settlement success message. At this point, the end of a typical network payment and settlement processes. Merchants and customers can be through the online payment solution network to query the balance of funds information in order to further check.

The above online payment of the general process generally summed up the application process a variety of online payment and settlement way identical to the application process for a variety of network payment, but generally follow the process.