Mobile payment refers to using an ordinary or smart phone to complete payment or confirm payment, rather than paying with cash, bank card or check. Buyers can use their mobile phones to purchase a range of services, digital products or merchandise.
Mobile payment is a new payment method in the Internet era. It is centered on mobile terminals, and the purchased products are settled and paid through mobile terminals. The main form of mobile payment is mobile payment.
Mobile payment is a derivative of third-party payment. The so-called third-party payment refers to a transaction through a third-party payment platform. After the buyer purchases the goods, he uses the account provided by the third-party platform to pay for the goods. The third party notifies the seller that the payment has arrived and delivers the goods; after the buyer inspects the goods, The payment is notified to the seller, and the third party then transfers the payment to the seller's account. Researchers believe that third-party payment essentially acts as a credit intermediary, providing certain credit protection for transaction payment activities, thereby eliminating credit risk problems caused by asymmetric information between buyers and sellers.
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Response time: 2021-12-24. For the latest business changes, please refer to the official website of Ping An Bank.