Payment system and payment method thereof

Abstract

A payment system comprises user terminals, an information transmission system and a finance system. The user terminals and the information transmission system are respectively communicated with the finance system in a wired or wireless manner, each user terminal consists of a finance service terminal and a mobile communication terminal which are jointly arranged in mobile communication equipment, the finance service terminals are used for recording personal finance information of users, the mobile communication terminals are used for recording personal communication information of the users, the personal communication information is bound with the corresponding personal finance information, and when one of the finance service terminals is successfully communicated with the finance system and transaction payment is completed, the finance system feeds transaction completion information back to the corresponding mobile communication terminal. The invention further provides a payment method. The payment system and the payment method not only are convenient in use, but also are high in transaction security, and the problem that expense cards are stolen for transaction is stopped fundamentally.

Description

technical field [0001] The present invention relates to a payment system and its payment method, in particular to a payment system and its payment method which are not only convenient to use but also have high transaction security. Background technique [0002] At present, although the use of bank cards has brought a lot of convenience and quickness to consumers' life and work, but with the popularization of bank cards, high-tech crimes against bank cards are also increasing year by year. The personal identity information involved in bank cards is limited. Criminals often take advantage of this defect to steal or crack consumers' card numbers and passwords by various means, so as to achieve the purpose of embezzling consumption and maliciously overdrafting cash, bringing harm to the victimized consumers. There came considerable losses. [0003] Therefore, it is necessary to provide a payment system and a payment method thereof which are convenient to use and have high trans...

AI Technical Summary

Problems solved by technology

[0002] At present, although the use of bank cards has brought a lot of convenience and quickness to consumers' life and work, but with the popularization of bank cards, high-tech crimes against bank cards are also increasing year by year. The personal identity information involved in bank cards is limited. Criminals often take advantage of this defect to steal or crack consumers' card numbers and passwords by various means, so as to achieve the purpose of embezzling consumption and maliciously overdrafting cash, bringing harm to the victimized consumers. come a considerable loss