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What does mobile pay include?

Oct 18, 2022 pm 02:24 PM
mobile pay

Mobile pay means mobile payment, which refers to a service method that allows mobile users to use their mobile terminals to make account payments for consumed goods or services. It includes: 1. Paying bank card accounts through mobile phones Operation; 2. Establish a corresponding relationship between the user's mobile phone SIM card and the user's own bank card account; 3. Bind an Alipay account through the mobile phone and customize mobile payment services.

What does mobile pay include?

The operating environment of this tutorial: MIUI12.5 system, Xiaomi 11

What does mobile pay include?

Mobile PAY is mobile payment. Refers to a service method that allows mobile users to use their mobile terminals to make bill payments for consumed goods or services.

How to use

1. Mobile pay refers to payment operations on bank card accounts through mobile phones, including: mobile phone bill inquiry and payment, bank card balance inquiry, bank Notifications of changes in card account information, payment of utility bills, lottery betting, etc. At the same time, the use of QR code technology can realize value-added services such as airline ticket bookings, electronic discount coupons, and gift certificates.

2. Establish a corresponding relationship between the user's mobile phone SIM card and the user's own bank card account. The user completes the transaction payment request under the guidance of the system's SMS instructions by sending text messages. The operation is simple and can Trade anytime, anywhere.

3. Alipay

Bind an Alipay account through the mobile phone and customize the mobile payment service, and then send specific text messages to a specific SP SMS special service number through SMS text messages on the mobile phone Instructions are used to complete payment methods such as transfers, shopping, etc. The transaction type is instant payment.

Extended information:

The entire mobile payment value chain includes mobile operators, payment service providers (such as banks, UnionPay, etc.), application providers (buses, campuses, public utilities, etc.), equipment Providers (terminal manufacturers, card suppliers, chip providers, etc.), system integrators, merchants and end users.

There are five main mobile payment technology implementation solutions: dual-interface JAVA
card, SIM Pass, RFID-SIM, NFC and smart SD card.

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