PAYMENT SYSTEM
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United States of America Patent
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app pub date -
Mar 5, 2017
filing date -
Sep 5, 2014
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Abstract
The present application discloses a payment system to enhance security of the entire payment system and ensure fund security in a payment process. The technical solution is: in the entire payment system, designing encryption and decryption solutions at a payment end, a consumer end, and an account management server end separately; performing hierarchical encryption on data transmission and storage, and verifying legality of a hardware device of an access system. Compared with a conventional magnetic card payment mode and an online payment mode with a third-party account such as Alipay, the technical solution of the present application improves convenience and security to different extents.
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