Mobile financial service system and method thereof

Abstract

The invention discloses a mobile financial service system and a method thereof. The system at least comprises a user terminal and a mobile phone number, a transaction terminal, one or more mobile communication operator business background systems, one or more commercial bank service background systems, a China UnionPay service background system, and a mobile financial service data processing system, wherein the mobile financial service data processing system communicates with the mobile communication operator business background systems, the commercial bank service background systems and the China UnionPay service background system respectively through a data circuit special line, and communication is carried out between the commercial bank service background systems and the China UnionPay service background system through the data circuit special line. The method is realized based on the system. The system and the method have the advantages of convenient use of a user, a powerful service function, and easy popularization and application in a large area.

Description

technical field [0001] The invention belongs to the field of financial services, and in particular relates to a mobile financial service system and method. Background technique [0002] At present, users can use their bank cards to swipe their cards at the POS machine to pay for their purchases. The POS card consumption method saves users the trouble of carrying a large amount of cash with them and brings a lot of convenience to users. However, there are still deficiencies in POS machine credit card consumption, the user must carry the bank card with him, and in some cases, the user is easy to forget to carry it. In addition, when the user swipes the card for consumption, the user's bank card may be forgotten, stolen or cloned, leaving certain financial security risks. [0003] Since 2010, a new consumption payment method has appeared: reservation cardless consumption payment, which is based on the bank POS machine using the contracted mobile phone number to conduct bank ca...

AI Technical Summary

Problems solved by technology

However, this payment method only serves the own users of a specific bank, and cardless consumption payment can only be realized on the POS machine, which limits the user group and consumption application places, and is not conducive to large-scale promotion and use.

In addition, when users use it, they need to set the reserved consumption amount in advance, causing users to have a certain degree of inconvenience in use

[0004] To sum up, the current cardless mobile financial services have the problems of inconvenient use for users, single service functions, and difficulties in large-scale promotion and application.

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