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Method for safely replacing bank POS machine

A POS machine and bank technology, applied in the field of payment and settlement, can solve the problems of high equipment cost and management cost of POS machines, achieve the effects of saving equipment investment and equipment maintenance costs, easy operation, and reduced operating costs

Inactive Publication Date: 2009-05-27
王忠杰
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0004] The invention provides a method for safely replacing bank POS machines, and is dedicated to solving the problem of high equipment and management costs of existing POS machines, reducing bank operating costs, increasing bank profitability, and providing consumers with more Safe and convenient payment environment for the purpose

Method used

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  • Method for safely replacing bank POS machine
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Examples

Experimental program
Comparison scheme
Effect test

Embodiment 1

[0016] A safe alternative to bank POS machines, figure 1 In order to realize the structural composition diagram of the present invention, its composition includes four parts: the cardholder's mobile phone, the payee's network terminal, the third-party payment platform, and the banking system. Among them, the cardholder's mobile phone is a mobile communication terminal used by the cardholder or a mobile communication terminal installed with specific transaction information generation software; the payee's network terminal is an independent PC that can access the Internet ; The third-party payment platform is a payment system composed of one or more servers and software established on the Internet; the banking business system is a business system used by banks on a daily basis. The third-party payment platform is connected to the bank's business system through a dedicated line or the Internet.

Embodiment 2

[0018] A safe alternative to bank POS machines, figure 2 To realize the flow chart of the present invention. When a cardholder conducts a commodity transaction at the transaction site, he first uses a mobile phone to edit or use specific software in the mobile phone to generate "transaction amount, identity verification password" and other information, and send it to a third-party payment platform. The third-party payment platform comprehensively verifies whether the cardholder’s identity is legal based on the received customer information. If the cardholder passes the identity verification, the third-party payment platform will subtract the transaction amount applied by the cardholder from the deposit amount or credit limit on the third-party payment platform, and form a difference fund. If the difference fund If it is less than zero, it means that the cardholder has enough transaction amount in the third-party payment platform and can enter the next payment settlement normally. ...

Embodiment 3

[0020] A safe alternative to bank POS machines, figure 2 To realize the flow chart of the present invention. If the balance of funds described in Example 2 is greater than zero, it means that the cardholder’s transaction limit or credit limit stored on the third-party payment platform is insufficient, and the third-party payment platform will use the cardholder’s relevant information, including , Name, mobile phone number, ID number, transaction date, and the stated balance of funds and other information are transmitted to the paying bank via a dedicated line or the Internet. Based on this information, the paying bank firstly determines whether the cardholder’s book balance is greater than the stated balance of funds. If it is greater, the paying bank will send the customer a mobile phone message requesting verification of the customer’s identity. This information includes the cardholder’s bank card password. These passwords can be static or dynamic. The specific requirements are ...

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Abstract

The invention provides a method for safely replacing a bank POS machine. The method comprises the following four parts: a mobile phone of a cardholder, a network terminal of a payee, a third-party payment platform and a bank service system; firstly, the cardholder sends a transaction request message to the third-party payment platform through a short message of the mobile phone; if capital saved in the third-party payment platform by the cardholder is more than the sum which needs to be traded by the cardholder, the third-party payment platform generates a payment cipher for the cardholder; otherwise, the third-party payment platform emits an instruction message for replenishing transaction amount to a paying bank; after the paying bank completes authentication and capital with certain amount is allocated to the third-party payment platform, the third-party payment platform generates the payment cipher for the cardholder; the payment cipher is replied to the cardholder in a short message mode of the mobile phone; and the payee completes capital allocation in the third-party payment platform according to the payment cipher.

Description

Technical field [0001] The present invention relates to payment settlement technology, in particular to a method for safely replacing bank POS machines. Background technique [0002] In people's consumption, bank POS machines have become an indispensable payment tool for people. At the same time, POS machines are also one of the important ways for financial institutions around the world to provide financial services. However, the existing POS machine has a serious drawback, that is, the equipment cost and management cost are very high, and the popularity of the POS machine is still very limited. The direct consequence of these malpractices is to reduce the income of financial institutions, restrict the development and popularization of POS machines, and restrict people's places and habits for credit card consumption; the indirect consequence of malpractices is that banks have not kept pace with the times. Improving people's payment habits has led to high costs for banks in cash m...

Claims

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Application Information

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IPC IPC(8): G06Q20/00G06Q40/00G06Q20/02G06Q40/02
Inventor 王忠杰
Owner 王忠杰
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