Characteristics of third-party platform settlement payment

Third-party payment is the payment through various procedures, and then the bank card payment is connected to an interface, that is, it is responsible for the payment docking of the bank card on the one hand and the use of the consumer on the other.

1 Low cost, third-party payment is essentially a platform. Therefore, if you pay here, it is convenient for major merchants to directly dock the cost of the bank, which is more convenient for consumption.

2 put an end to fraud, and use the third-party platform, the buyer will pay the seller after receiving the goods, and the seller will deliver the goods after seeing the money, so everyone can rest assured on the way.

3 the payment cost is low, and the payment intermediary concentrates a large number of electronic small transactions, forming a scale effect, so the payment cost is low.

4 Easy to use. For the payer, it is a friendly interface, without considering the complicated technical operation process behind it.

Extended data:

In the process of third-party payment, consumers and businesses do not need to open different accounts in different banks, so the online shopping cost and operating cost are reduced; At the same time, it can also help banks save the cost of gateway development and bring some potential profits to banks.

What are the characteristics of third-party payment?

1. The third-party online payment platform can support bank cards issued by major domestic banks and credit cards issued by international credit card organizations. The third-party payment platform greatly enriches the means of payment for online transactions and makes the online trading channels smoother.

2. The charging standard of the third-party payment platform is unified, and the settlement period can be set according to the needs of merchants, so the service is more humanized;

3. Compared with the traditional fund transfer transaction mode, the professional third-party online payment platform can ensure that merchants can solve problems in the later service and payment process, and can restrain and supervise both parties in the whole transaction process, providing necessary support to ensure the success of the transaction.

4. As a neutral party, third-party payment has credibility. In the event of a transaction dispute, third-party payment will take two-way protection for consumers and businesses, and conduct fair and just coordination between the two parties to ensure that the legitimate interests of both parties are safeguarded to the maximum extent.

5. Convenient and safe. The third-party payment platform provides a series of application interface programs to integrate various bank card payment methods into one interface. For the payer, he is faced with a friendly interface, which is extremely simple to operate. When trading, users only inform the third-party payment platform of credit card or bank account information, which greatly reduces the risk of revealing other people's secrets.

Advantages of third-party payment platform

(1) security. Third-party payment platforms often have strong financial support and can build excellent secure payment platforms. The research and development technology adopted by the third-party payment platform is the most mature related technology at present, which is interconnected with the payment gateways of major banks.

(2) Fairness. Third-party payment platform plays a very important role in fairness. The liquidation mode adopted by the third-party platform can greatly reduce the probability of buyer's refusal to pay and seller's fraud, and create an atmosphere and environment of mutual trust between buyers and sellers for e-commerce.

(3) convenience. The third-party payment platform is independent for buyers and sellers. Through cooperation with major e-commerce websites and major financial institutions, we will create a unified payment page for consumers when they pay for goods on the e-commerce websites of the access platform.