The difference between electronic payment and traditional payment

There are four differences between electronic payment and traditional payment methods:

The first type: different circulation methods.

Electronic payment uses advanced technology to complete information transmission through digital circulation, and its various payment methods all adopt digital means to pay; The traditional payment method is to complete the payment through physical entities such as cash circulation, bill transfer and bank remittance.

Second, the business environment is different.

Traditional payment runs in a relatively closed system, and the working environment of electronic payment is based on an open system platform (that is, Internet).

Third: use different media.

Traditional payment uses traditional media.

Electronic payment uses advanced communication means.

For example, Internet and extranet, electronic payment requires high hardware and software facilities, and generally requires networked microcomputers, related software and other supporting facilities, while traditional payment does not have such high requirements.

Fourth: the length of time spent is different, and the cost is different.

Traditional payment costs are high and electronic payment costs are low.

Electronic payment has the advantages of convenience, quickness, high efficiency and economy. As long as users have a PC with Internet access, they can complete the whole payment process in a short time without leaving home.

The business types of electronic payment are divided into online payment, telephone payment, mobile payment, point-of-sale terminal transaction, ATM transaction and other electronic payments according to the initiation mode of electronic payment instructions.

1, online payment

Online payment is a form of electronic payment. Broadly speaking, online payment is based on the Internet, using some digital financial tools supported by banks, financial exchange takes place between buyers and sellers, realizing online monetary payment, cash flow, fund settlement, inquiry and statistics from buyers to financial institutions and merchants, thus providing financial support for e-commerce services and other services.

Step 2 pay by phone

Telephone payment is an offline form of electronic payment, which refers to the way that consumers use telephones (fixed telephones, mobile phones, PHS) or other terminal devices similar to telephones to directly complete payment from personal bank accounts through the banking system.

3. Mobile payment

Mobile payment is a new payment method that uses mobile devices to complete payment by wireless means. The mobile terminal for mobile payment can be a mobile phone, PDA, mobile PC, etc.

Matters needing attention in electronic payment

1. When making electronic payment, you should first pay attention to your own network security and try not to use public * * * networks, especially wifi hotspots without passwords. It is easy to hijack your network security data by using such a network.

2. When paying online, try not to use public computers or office computers, because many people use them, which may not only lead to the disclosure of account passwords, but also have a great risk of poisoning. It is recommended to use your own personal computer, and the computer should be disinfected frequently to prevent the computer from being infected by viruses such as Trojans and to prevent the account password from being stolen.

3. You can use complicated payment security binding tools such as password, mobile phone binding, U shield and secret protection to increase account security.

4. When logging in the account, it is recommended to use the password control of the platform. Using this control can effectively prevent the password from being overheard by Trojan programs by tapping the keyboard.

5. Pay attention to the website you log in, make sure the URL is correct, and prevent you from entering a phishing website. The safest way is to enter the website directly.

6. After the electronic payment is completed, remember to cancel your account to prevent others from logging in, revealing your personal information and causing you economic losses.