UPE Express Payment is an Internet payment platform approved by China People's Bank and developed by Wuhan UPE Technology Co., Ltd.. UPE express payment includes services such as collection and settlement, among which collection includes online banking payment, verification payment, collection, express payment and aggregate payment, and settlement includes agency payment and real-time settlement.
He Zhong Epro is an online application payment and service platform under He Zhong Payment. He Zhong Wallet directly "connects" products of He Zhong Group and a large number of merchants with users, providing payment services such as super transfer and payment, life services such as shopping malls, mobile phone recharge and illegal inquiry, and providing various financial services such as personal finance, consumer loans and credit card repayment. Let users easily enjoy one-stop payment life in the mobile era.
Unified yeepay function:
1. The third-party payment platform provides a series of application interface programs, integrates various bank card payment methods into one interface, and is responsible for docking with banks in transaction settlement, making online shopping faster and more convenient. Consumers and businesses do not need to open different accounts in different banks, which can help consumers reduce online shopping costs and help businesses reduce operating costs; At the same time, it can also help banks save the cost of gateway development and bring some potential profits to banks.
2. Compared with payment protocols such as SSL and SET, it is simpler and more acceptable to use the third-party payment platform for payment. SSL is a widely used security protocol, which only needs to verify the identity of the merchant. SET protocol is a mature technology based on credit card payment system.
3. In SET, the identities of all parties need to be authenticated by CA, which has complicated procedures, many procedures, slow speed and high implementation cost. With the third-party payment platform, the negotiation between merchants and customers is completed by a third party, making online transactions easier.