What's the difference between electronic payment and ordinary counter payment?

1. Electronic payment: consumers, businesses and financial institutions use secure electronic means to securely transmit payment information to banks or corresponding processing institutions through information networks to realize monetary payment or capital circulation.

2. Ordinary payment: the financial exchange between buyers and sellers is the process of transferring monetary claims caused by social and economic activities.

Second, the characteristics are different.

1. Electronic payment: advanced technology is adopted to complete information transmission through digital circulation, and all payment methods are paid by digital means; The traditional payment method is to complete the payment through physical entities such as cash circulation, bill transfer and bank remittance.

2. Ordinary payment: The advantage is that the transaction is simple and fast.

Third, the use is different.

1. electronic payment: the payment process is a very important link in the whole business activities, and it is also a business process that requires the highest accuracy and security in e-commerce. The capital flow of electronic payment is a business process, not a technology. However, many technical problems will be involved in the process of electronic payment activities.

2. Ordinary payment: pay wages, bonuses and allowances to employees. Pay pensions, funeral subsidies, various labor insurance benefits for employees and other personal expenses stipulated by the state. Pay personal labor remuneration. According to the provisions of the state, bonuses for individual science and technology, culture and art, sports, etc. Pay the purchase price of agricultural and sideline products and other materials to individuals.

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