Explain the payment website first.
The payment gateway is the interface between the banking financial network system and the Internet. It is a set of server equipment operated by banks, which converts the data transmitted on the Internet into the internal data of financial institutions, or the designated third party handles the payment information of merchants and the payment instructions of customers.
The following are some questions about foreign card payment, which are summarized by YeePay's foreign card receipt as follows:
1. How do merchants collect money when online payment by credit card is started? Take YeePay's foreign card receipt as an example:
A: The online payment method of international credit cards is slightly different from the traditional payment method. Generally, it is paid through a third-party payment company, so the money can't go to the merchant's account immediately. The third-party payment plays the role of an intermediate guarantee. The foreigner places an order for payment, and then the merchant delivers the goods according to the order, and the third-party payment company settles the money to the foreign trade merchant. The time and policy of settlement among payment companies are different.
2. How does the international credit card payment channel work?
A: Generally, third-party payment companies will open international credit card payment gateways. Link the gateway interface to the shopping cart background of foreign trade merchants. When foreigners spend online, click the shopping cart to place an order, and then click Pay to enter the gateway interface of YeePay. Foreigners can fill in the relevant information of their credit cards online, and the payment can be successful. It is convenient and fast, which conforms to the consumption habits of foreigners and is a right-hand man for foreign trade merchants.
3. Do you need a credit card to use the credit card payment channel?
A: No. Credit card payment channel is to receive credit card payment from foreigners. Generally, it is jointly developed by a third-party payment company and a bank. So you need to apply to a third-party payment company for a channel and link interface, and then provide your settlement account for third-party payment.