What is Sutton?

Sufutong is the abbreviation of Suzhou resident payment and settlement system, and it is the general name of online and offline payment functions of payment platforms and mobile phones in wired and wireless electronic life. It is a payment and clearing platform licensed by a third party. It can be used for consumption, payment and guarantee, and can also be used for small payment by connecting non-contact sensor elements, thus reducing payment time and payment error.

According to the type of account paid by users, it can be divided into bank account, express payment account and offline account with coin purse.

According to the different payment methods when users pay, mobile payment can be divided into:

(1) remote payment

In the process of payment, users use mobile phones to complete payment through SMS, GPRS, WAP communication or Internet based on mobile communication network. For example, users buy goods and services on the Internet through mobile phones.

(2) On-site payment

In the process of payment, users use mobile phones to complete payment through short-distance communication. For example, users buy goods and services through mobile phones in real stores (such as convenience stores and fast food restaurants) and "swipe their mobile phones" through POS machines to buy goods and services.

In on-site payment, according to whether POS needs online payment processing, it can be divided into two categories:

Offline payment: During the payment process, the POS machine does not interact with the background system, and directly completes the deduction operation.

Online payment: During the payment process, the POS machine is connected to the background system through the network, and the user verification and deduction operations are completed by online interaction.