Credit card telephone payment is also risky

Traditional credit card consumption, First consumer credit card spending through the POS machine; online consumer through the Internet, online. Telephone payments in recent years began to promote a new credit card processing gateway. Do not need credit card and enter a password, alone reported the card number, validity and card credit card telephone payment after the release of three yards to complete the payment, so that consumers enjoy the convenience of payment, but also many cardholders of consumers by worry about the "convenient" phished consumption.
 
Now widely recognized that the credit card telephone payment presented five chaos has become the consumers need to be very careful to go around the traps.
 
Trap one:
 
And cardholders consumers to confirm the transaction process is imperfect. Although some banks in the telephone payments sent to the cardholders of consumers pre-authorization SMS, but the settlement, often do not inform the cardholder, the cardholder difficult for consumers to understand whether the transaction takes effect.
 
Trap two:
 
The cardholders consumers interests have been neglected. Phone payment dispute, the close relationship between merchants and banks, the banks inevitably will comply with the merchants out of their own interests to consider matters of opinion, more or less damage to the interests of cardholders of consumers so that consumers difficult to advocate the interests of.
 
Trap three:
 
Does not give the cardholder the right to consumer choice. Without the cardholder consumers apply for credit card telephone payment feature will automatically open and can not be canceled. Telephone payment service opened or not, the bank not to give cardholders the right to consumer choice. And credit card telephone payment by the bank for which the specific merchant selected and the bank will not be informed cardholders of consumers. Only in the consumer to the merchants consumption only by the merchant to inform consumers whether to provide credit card telephone payment service.
 
Trap four:
 
Information matching procedure is very convenient. Credit card telephone payment processing, merchant matching procedure is very simple, as long as the cardholder to provide consumers with the card number, validity period and three yards to, but not limited to cardholders consumers use. Merchants and banks after verification, that is to generate a pre-authorized. Since merchants and banks no longer with the cardholder consumers to check and confirm their own settlement but by merchants and banks, cardholders of consumers in the pre-authorization of the generated into the merchant and the bank balance sheet procedure.
 
Trap five:
 
The system itself security feature missing. Do not need passwords and credit card telephone payment services to promote a major feature of relying on the consumer business is the real name system - the difficulty of counterfeit consumer. However, difficult does not it means there is no loophole. At present, the addition to credit cards other than the above three information check with the merchant bank, in the system to prevent counterfeit credit card payment service consumption in this business, no other security measures.
 

Apple takes advantages of iTunes to enter mobile payment

In June 12, according to foreign media reports, the Apple iPhone might one day replace the credit card to complete the payment, and if this day credit card payment service had finally arrived, Apple should be grateful to its online music service.

Monday, on the Apple Worldwide Developers Conference (WWDC), Apple CEO Tim Cook (Timothy Cook), revealed deep the iTunes Store, Apple's online music store, many impressive statistics. The most shocking data, there are 400 million active accounts on the iTunes Store, these accounts are connected with the user's credit card. This means that Apple iOS devices can these credit card connection.

Google and other companies have been trying to get consumers to complete the payment using a mobile phone instead of cash or credit card, consumer fee interest, a main reason is to establish a connection between smart phones and credit cards is a difficult task. If the consumer in order to use Google wallet (Google Wallet) service must initially enter a few head of digital, as well as their home address and other information. This is not a small obstacle for consumers to use the service.

However, if Apple decided to enter the mobile payment business - the company has applied for patents, this possibility is very great - it's easier for consumers to accept its mobile payment service.

In fact, Apple already has a prototype of mobile payment services.

Once someone visit the iTunes Store downloads or online play music with the iPhone, its iPhone will automatically establish a connection with the iTunes account, including credit card and payment information. The company's mobile payment, the need to solve a problem is how to make the connection with the iTunes account credit card to complete the payment.

Apple may soon be this attempt. The Worldwide Developers Conference, Apple has released a new IOS application Passbook seems that people can know how Apple mobile payment in advance. Passbook for users to store in a corner on the phone boarding passes, coupons and movie tickets, and other information.

Passbook not actually process credit card processing gateway transactions, but once Apple decided to establish a connection with the user's iTunes account, it can easily be replaced by the user wallet or purse, credit card.

Tencent electricity accepts Alipay without worry about users to be diverted

Tencent QQ online shopping platform on the weekend, a formal access Alipay and on-line. Prior to this, Tencent own layout electric's business has been only to use the own TenPay system. The industry view, the impact of the credit card processing gateway matter is that: the Alipay suddenly inserted into the hinterland TenPay site. The Analysys statistics show that in 2011 domestic third-party payment industry, Alipay ranked first, accounting for 46% market share, TenPay living in second place with 21% of the share.

In addition to access to Alipay, Tencent electric providers also strive to introduce more industry partners. Informed sources, Dangdang will also become important partners of the QQ online shopping platform in June, will be stationed in the QQ network buy books channel, will also contribute to maternal and child channels settled in July and August.

May 18th, Tencent group structure adjustment, the the Tencent Department of Electric's business independent dismantled, set up Tencent electricity provider holding company, Tencent, the original super online shopping, QQ Mall, patted net three-tier structure to become self-employed business synthesis of two plates of the platform and open platform QQ online shopping platform. , Tencent power $ 1 billion of investment in the development of its medium-term target is 5 years, the total transaction amounted to 200 billion yuan.

This independent business with Tencent electricity providers to accelerate the opening up. Tencent power inside, access Alipay be regarded as established step in the systems engineering. Since last year of the spin-off and integration scale brewing, $ 1 billion investment also synchronize instigated, the organizers of combing the payment system and other specific matters began to rise.

Some industry analysts believe that Tencent electricity provider business spin-off independent makes this more convenient and rapid decision-making. The Tencent electricity supplier, Assistant General Manager, Song Yang said that this plan had been identified since the beginning of last fall on the line the Tencent super online shopping platform, and began to promote the contact with Alipay.

In fact, QQ online shopping access Alipay is not realistic. Tencent electricity supplier integration, a series of original investment in the vertical B2C businesses will play an important role. Such a good music to buy assume footwear Channel, Yi Xun addition to the responsible 3C, has become the operational side of its self-service platform, which previously have access Alipay. Demand coupled with the open, external partners are widely supported by Alipay, now no longer possible to pay Po channels clear.

Support Alipay will QQ online shopping platform to bring a lot of good. For the payment of the C-terminal has been the habits of highly viscous, as a matter of user security, basically selected a very few replacement. A payment industry, in view of Alipay huge user base, the initiatives for Tencent electricity's business to reduce the inhalation of the threshold of more users.

On the other hand, Tencent little damage. Tencent's own electrical business volume of nearly 30 billion yuan last year, Ali's B2C mall Lynx there is turnover of 92 billion yuan, the Taobao while 600 billion of transaction volume. An electrical business executives said the difference of the two sides still, now Tencent and do not have to worry about the so-called part of the data by Ali Mastery hurt their competitiveness.

Be considered to understand this Tencent electricity supplier. "These executives said, Paypal, just pay one of the channels, TenPay together to provide users with more choices. Moreover, users or Tencent users, and will not have nothing to lose.

Tencent power business executives also said that this is for companies to expand more payment channels to facilitate, not to mention credit card payment service the QQ online shopping platform also offers more payment ways, including online banking and cash on delivery. This also allows them to feel more at ease, will not produce too much dependence on Alipay. Easy fast cash on delivery rate of more than 60%. For TenPay, perhaps do not have to worry too much, the aforementioned payment industry, said access payment treasure play the incremental effect, the user TenPay now does not have a significant shunting.

Bank credit card rates decline while food and beverage industry grow up to 50%

"The state will soon be introduced to the details of measures to reduce credit card rates." Yesterday, the former Chinese Vice Minister of Commerce Zhang Zhigang, president of the China General Chamber of Commerce in Guangdong Province Merchants Association organized the "Commercial General Assembly auditorium to disclose credit card payment service the measures have been approved by the State Council, will be implemented soon.

Catering credit card rates or drop 50 percent

Credit card rates for retail businesses and food and beverage industry, hotel industry, many companies have been shouting to the high cost. Yangcheng Evening News reporter learned that the different rates for different industries such as retail credit card fee rate of about 1% -0.8%, supermarkets, compared with 0.5 percent. Catering credit card rates are relatively high, 2%, "It's quite with a lot of jewelry and other luxury goods industry rates, but now a lot of food and beverage industry, the net profit of 7% -10% turnover tax 5 must pay the fee of 2% of turnover, which is tantamount to an investor raised in white. "relevant person in charge of the food and beverage industry trade associations in Guangzhou, told reporters. As a result, many shops or food and beverage companies do not provide credit card services, and a great deal of inconvenience to the consumer.

"Recently, the state will convene the National Circulation Work Conference of the meeting, the state has been and will continue to introduce a series of policies and measures to support the modernization of the circulation." Zhang Zhigang said that the country will carry out structural tax reduction, led by the NDRC, the central bank Banking Regulatory Commission, the Commerce Department to participate in the down card fee program has been approved by the State Council, will be introduced recently. The magnitude of the specific down? Zhang Zhigang, revealed that different industries are not the same. Sources, the catering industry credit card rates have dropped 50%.

To shorten the luxury inside and outside the spread

Recently, we are concerned about the high prices of domestic luxury phenomenon, Zhang Zhigang, the Yangcheng Evening News reporter, due to the relatively high domestic price ratio than abroad, so some people choose to buy goods through international travel, this phenomenon has attracted the attention of the parties concerned.

"I think it should be standardized management on the price gap has narrowed and high value-added luxury prices have come down to  credit card processing gateway become a trend," Zhang Zhigang said that the specific measures taken will have to taken into account. "The Government must improve the necessary pre-survey work, luxury domestic and foreign price gap down, the luxury of high value-added production in China can speed, and also welcomes foreign high value-added manufacturer of luxury goods to the Chinese joint venture to produce co-production. "Zhang Zhigang, lower domestic prices of luxury goods also included the recent media attention Hainan duty-free goods duty-free limit raised to 10,000 yuan / inferior variety of means.

Cooperation of mobile payment GB countdown in Guangdong breaking

June 6, Guangdong Mobile has 100 million mobile phone users in enterprise and Shenzhen third-party payment quick pay pass to achieve cooperation, through the U shield built-in mobile phone SIM card, start the mobile payment cooperation, the first phase of mobile phones the user's inter-bank transfer, credit card processing gateway payments, prepaid recharge and other functions.

The hand is not easy. Over the years, the banking and communications industries have been paid in a competitive mobile business initiative in the "common ground", the two sides in the technical standards to go all the way to the bank owners push 13.56MH China Mobile tend to 2.4GHz program.

Communication industry standards and the standards of the banking sector is not contradictory. "June 7, fast pay through chairman Yao Huawei said in an interview with reporters.

GB to be out of

Pay through fast, full name of Shenzhen City, fast pay through Financial Network Technology Service Co., Ltd., despite its exposure is not high, but the central bank license in May 2011, the first third-party payment companies, behind the central bank under the Shenzhen Financial Electronic Settlement Center.

The Yaohua Wei said that after the fast payment of business in the financial industry's focus collection and payment transactions of financial products. In order to move towards the public market, fast pay through the thought of the telecom operators have a huge amount of mobile phone users.

The mobile payment can not do without cell phones, telecom operators have the scale of hundreds of millions of mobile phone users, almost industrial chain can not be avoided. If the operator is the mobile payment market, "Lin Hsiang-ju, with funds, settlement advantage of the banking sector to some extent is" pretty straightforward ".

Phase and mobile payment industrial chain has long been suffering from the constraints, especially the battle of the technology roadmap for the industry chain enterprises dare not have a free hand.

Between the two standards in the the Yao Huawei opinion, in fact, who can not really replace who, on the one hand, if the telecom operators to give up 2.4GHz, will cause the base station such as a series of back-office equipment replacement cost is huge, almost impossible; this standard security in the capital does have people criticized the banking industry to adhere to 13.56MH bear the brunt of the reason is "safe".

Industry research firm Compete's data found in the mobile payment of U.S. residents, 64% of respondents believe that mobile payment unsafe, which became the biggest obstacle to U.S. residents choose to move to pay. This means that now deeply rooted in the concept of third-party payment, security is still a major obstacle to lie in mobile payment and other emerging payment service before.

In the mobile payment development of national standards, secure the aspirations of eventually prevailed. Very well "mobile payment development of national standards, technical standards expected will be officially released shortly after." June 6, the deputy governor of the People's Bank of China Shenzhen Central Sub-branch revealed in the pines and cypresses. A day earlier, said the industry forum, executive vice president of China UnionPay, Chai Hongfeng also a mobile payment, mobile contactless payment the 13.56MH based national standard is in the approval process is expected to introduced during the year.

"As early as last year planning this collaboration, we consider the future in line with mobile payment requirements of national standards." Yao Huawei said.

To this end, the program of credit card payment service cooperation even at the user changing the card. Yao Huawei in an interview with reporters that the cost of changing the card is not imaginary, it is because China is in the 2G to 3G conversion tide, a large number of users to change the course of natural card replacement is necessary, but simply on the SIM cost is not loaded on the card user electronic signature certificates.