Clearing the last obstacle to mobile payment, Big India Tongbao mobile payment introduced electronic signature

We can't help but ask why traditional payments are safer than current electronic payments. Reminiscent of the entire offline transaction process, we can easily find that the last procedure always requires the payer to sign the confirmation. The problem arises here, why is there no such last security barrier for electronic payments (more specific mobile payments)?

In terms of law, in 2005, China officially promulgated and implemented the Electronic Signature Law. Its original intention was to maximize the guarantee of electronic transaction payment standardization and at the same time to be more secure. This law also marks the first "real sense" in China. The Information Law was officially born. However, after 8 years, the application for end users is still very limited. According to industry analysts, the lack of an electronic signature terminal that meets the requirements of the Electronic Signature Law is one of the most important reasons.

In this regard, the relevant person in charge of Beijing Da Yin Century Technology Co., Ltd., a subsidiary of China Internet of Things Group, said: “The application of electronic signature terminals seems to be simple, but in fact it contains very important certification links. The person in charge also said that in order to give The end user provides more reliable security and more convenient user experience, and independently developed a highly secure mobile payment product - Da Yin Tong Bao. Da Yin Tong Bao integrates the electronic signature application with the POS card swipe system to achieve super Safe, ultra-convenient paperless POS acquiring service. Its core value of convenience, safety and low risk has brought a qualitative leap to the business experience of the majority of business users."

“Da Yin Tong Bao’s electronic signature application has absolute legal effect by ensuring that electronic signatures comply with the requirements of the National Electronic Signature Law through close cooperation with integrators.”

The application of electronic signature can not only save time, ensure the security of transaction payment, but also help improve service efficiency and customer satisfaction, and simplify the whole business process and improve work efficiency. Ms. Liu, a merchant in a commercial building, said: “In the past, according to the relevant regulations, paper small tickets need to be kept for one year, but the small ticket itself is limited by the printing material, and often cannot be stored for one year. It needs to be scanned or photographed, very The cumbersome fee. After using the large Yintongbao mobile terminal to carry out the electronic signature of the POS receipt, it is completely unnecessary to consider the preservation of the small ticket, which greatly reduces the risk of losing the ticket."

In addition, in the business process of the merchants, if there is a problem, you need to upload the small ticket again when you need to transfer the order. This problem has been squandered by many merchants. Through the electronic signature application provided by Da Yin Tong Bao, there is no need to upload small tickets, which not only avoids the extra workload, but also avoids the loss caused by the fact that the transaction cannot be confirmed due to the loss of the ticket. .

The relevant person in charge of Da Yin Century also stressed: "The electronic signature of Da Yin Tong Bao mobile payment has a series of digital 'anti-counterfeiting', which can avoid the cardholder's signature being stolen or tampered. Optimized and upgraded enterprise POS acquiring and controlling ability On the basis of this, further protect the rights and interests of consumers and cardholders from infringement of information security and capital security. Based on the payment business, build an integrated financial service industry integrating payment, marketing, prepaid cards, wealth management and financing. The chain is the strategic direction of the Great India Century."

At the just-concluded “Innovative Technology Wisdom China – China Internet Finance Innovation Development Forum”, Da Yin Century launched and released INPad, a mobile application terminal that integrates mobile POS machine collection and mobile payment functions. INPad runs an advanced Android operating system that integrates tablet, bank card transaction, and ticket printing functions, and supports industry-specific software for mobile applications.

The world's first mobile payment innovation Pad product, which combines magnetic stripe, IC card and NFC, with card payment and no card account payment, will be launched in the first half of 2014. Chen Hao, president of China Internet of Things Group, said: In the future, mobile POS machines will develop in the direction of intelligence, integration, touch, visualization and miniaturization, and will eventually become the main payment transaction method in the era of mobile internet.

Qi Qingmin, vice chairman of the China Banking Regulatory Commission, pointed out that informationization is a double-edged sword. Information technology risk is almost the only risk that may lead to the complete collapse of banking business. It is necessary to ensure good customer information, system operation, and financial information security.

Through the technology and service innovation, Da Yin Century not only effectively strengthens the security and risk control capabilities of the payment business, but also sets a new benchmark for the industry norms of the payment industry with efficient and convenient electronic signature applications, which may become the future. One of the effective means for enterprises in various industries to deal with the security of mobile payment transactions.