The meaning of third-party payment platform
Third-party payment refers to an independent institution with certain strength and credit guarantee, which provides convenience for the transactions of both parties through docking or networking with UnionPay. The specific platforms include Alipay, WeChat payment and full payment.
In the third-party payment mode, after purchasing goods, the buyer uses the account provided by the third-party platform to pay for the goods (to the third party), and the third party informs the seller that the goods have arrived and requests delivery; The buyer will notify the third party to pay after receiving the goods and confirming the inspection; Then the third party transfers the money to the seller's account.
Mainstream third-party payment platform
1、PayPal
PayPal is an offline convenient financial service provider in China. In addition, UnionPay electronic payment, a subsidiary of China UnionPay, has also begun to exert its strength in third-party payment, and launched UnionPay business to provide corresponding financial services.
2. Alipay
Alipay (China) Network Technology Co., Ltd. is a leading independent third-party payment platform in China. It was founded in February 2004 by Mr. Ma Yun, CEO of Alibaba Group, and is an affiliated company of Alibaba Group. Alipay is committed to providing "simple, safe and fast" online payment solutions for e-commerce in China.
3. Lacarra pays.
Technology integration is to combine the strict risk control of banks with the technological innovation of payment enterprises. Mobile banks such as China Merchants Bank and China Guangfa Bank have built-in Lacarra mobile payment function, which solves the problem that mobile banks can only accept their own bank cards.
4. Tenpay
Tenpay is a professional online payment platform officially launched by Tencent in September 2005. Tenpay is committed to providing safe, convenient and professional online payment services for Internet users and enterprises.
5、Moneybookers
On February 5, 2003, MB became the first electronic bank officially recognized by the government in the world. It is also a member of 14 of the British electronic money association EMA. It is widely listed as the main payment form after e-payment by money-making companies. More importantly, the foreign exchange in this electronic bank can be transferred to a bank account in China.
6. Fu Bao
The "My Payment Navigation" launched by Fu Bao is mainly divided into two sections: personal payment navigation and merchant payment navigation. From online payment of utilities, electricity and coal and other basic daily needs, to train ticket purchase, hotel reservation, online shopping, communication recharge and other "daily convenience services", "My Payment Navigation" not only provides convenient life payment services for individual users, but also provides products and services such as industry solutions, one-stop solutions and value-added services for enterprise merchants.