中国电子支付环境(英文)

E-commerceOnlinePayment

AAAAConsulting汽严车厘萝贾丑捧摧榔袄风瞳瘸浓敝波杯玉旋磊富咬歧馈悟束榷唯吸却访中国电子支付环境(英文)中国电子支付环境(英文)1Content

Projectoutline………………..3E-commercedevelopmentinChina….4-25Methodology………….26-27Keyfindings…………..28-77Availablepaymentmethods…………………..29-38MainbanksinvolvedinE-commerce………...39-43Onlinepaymentprocessflow…………………44-52Differenceinthreecities………53-71Marketsurveyresult………….72-77Analysis&Recommendation………..78-82Issue&Concern………83-85楞涯户途抒浅测渤淮掺粗踌致伸妨尽肺势覆骋虾北畔勃跌刘骏榜去厉砾悼中国电子支付环境(英文)中国电子支付环境(英文)2ProjectOutline E-commercedevelopmentMethodologyKeyfindingsAnalysis&RecommendationIssue&Concern惊啄汉戒灸摈耕第福谍尝瞳刽氨渡蛀痒濒藻置军泡豢兵婪秦窄狭爵杜函坯中国电子支付环境(英文)中国电子支付环境(英文)3E-commerceDevelopmentinChinaCurrentStatusKeyIssuesFutureDevelopment疫膊喀耻擞祸敏尸摘祷龄鹤像澄沮届坠铱跟锯绸介留峙司代倾水客坑众骇中国电子支付环境(英文)中国电子支付环境(英文)4E-commerceDevelopmentinChinaE-commerceDevelopmentProcessinChinaSource:Desktop

1996:StudiedE-commercedevelopmentinChina1996/12:StudiedE-bankservicemodel1997/2:OrganizeddevelopingteamofE-bankservicesystem1997/7:FormulatedE-bankservicesystem，includingprovidingonlineinquiryofcooperatefinanceandcreditcard,onlinedeclareofbalanceofinternationalpayment1998/1:OrganizedleaderteamofE-bankservicesystembyheadofficeofbank1998/3:FirstonlinetransactioncompletedbyGreatwallcreditcard1999/1:EstablishedE-bankdepartmenttocoordinateE-commercedevelopment1999/6:Providedmanyonlinepaymentmethods,forexample:Easypaydevelopedthefirstcompleteonlinepaymentsystem;BankofChinasetuppaymentgatewayofSETandCACenter1999/9:SoftwaredevelopmentcenterofBOCsetupE-commercelaboratory尊箭适茂织沉捌郭噬沟盈厂每哆膝艰足俩涕立沽糜劫底邯卷期橡泄每侯诀中国电子支付环境(英文)中国电子支付环境(英文)5E-commerceDevelopmentinChinaSource:DesktopE-commercecurrentconditionE-commercedevelopmentisstillinthegrowthstageandexperiencedrapiddevelopmentin1999.In1999,totalamountofonlinetransactionisRMB5.5manditisestimatedthatthetotalamountofonlinetransactionwillreachRMB3.5bin2000ThelatestresearchpresentsthatinternetusersinChinahasexceeded17mByMarch2000,thereareabout1100Websites蹄癌员寨教赡乏挝闸括吠誓涕死川蘸碳领斥庄莆粤撇傻耶脚土投避慨觅备中国电子支付环境(英文)中国电子支付环境(英文)6E-commerceStructureE-commerceDevelopmentinChinaNote:CAwillverifyidentityofallparticipantsduringthecourseoftransaction.Exchanging/clearingUserDistributionBuying/Selling/StoringCAWebSiteTransactionDatabaseAccountingPaymentGatewayInformationCardIssuer’sBank（PayingBank）CollectingSystem（CollectingBank）….BackSystem1212345678910101011氖凡窍粱戌睫阂问柜誊沸忻怜笆脏猫最爵壬溉伍绕菲狼买咸恬舰深蜕摸井中国电子支付环境(英文)中国电子支付环境(英文)7E-commerceDevelopmentinChina1.User:browsingWebsite,formulatingorder,deliveryorder/paymentdatatoWebsite2/3.Website:confirmingorder,conveyingpaymentdatatopaymentgateway4.Paymentgateway:deliverypaymentdatatocardissuer’sbank5.Cardissuer’sbank:verifyingpaymentvalidity,transferringmoneytoclearingcenter6.Clearingcenter:acceptingmoney,notifyingcollectingbank7/8.Collectingbank:collectingmoney,notifyingWebsite9/10.Website:processingdata,informingdistributortoarrangingdelivery11/12.Distributor:deliverproducts鞘蚁减贺菏使薯娩册裸镁梅甥滴庄碴使刀谎豁陀况贰鹿注灵授竞遮依伍泉中国电子支付环境(英文)中国电子支付环境(英文)8IssuinginformationBusinessWebsiteBusinessDealCheckinginformationBusinessModel-B2BModel1:InformationPlatformE-commerceDevelopmentinChinaFunction:Websiteissuingsupply&demandinformationtobuyerandsellerNote:SuchkindofWebsiteonlyprovideverybasiccommunicationservicebetweensupplierandbuyerExample:

察只归待珠祈颠贩绦嗓累坞泻槐醉蛛睛懂鬼汕质修扯话肪接偏扑辈名鸣砖中国电子支付环境(英文)中国电子支付环境(英文)9E-commerceDevelopmentinChinaWebsitepublicplatformBusinessBusinessBusinessConsumerBusinessBusinessModel-B2BModel2:OnlineShoppingCityFunction:

WebsiteprovidingbusinesswithE-commerceplatform&helpingbusinesstodeveloponlinetransactionNote:ThemajorityofparticipantsarebusinessprovidingconsumptionproductsTheWebsiteissimilartotraditionalretailerrentingcounterExample:

舜鸿丛庸痛览咎烤炙舔馏冷二啊劲场拷震褒趾离耘燃满邻疆夏宽性拳聂渝中国电子支付环境(英文)中国电子支付环境(英文)10BusinessBusinessWebsiteRawMaterialSupplierPurchasingBusinessBusinessWebsiteDistributorDistributionE-commerceDevelopmentinChinaBusinessModel-B2BModel3:BusinessownWebsiteFunction:DistributionWebsite:businessthroughitsWebsitetodeveloptraditionalofflinedistributionactivities&providingonlineservicetoitscustomersPurchasingWebsite:businessbuyingonlinebyitsownWebsiteExample:

翔璃膜罪拥除蝎讨肢纵纳构匿处竭浴零铱隙石剿柿爸慎闽茁志泼疟齐狰诺中国电子支付环境(英文)中国电子支付环境(英文)11E-commerceDevelopmentinChinaBusinessWebsiteBusinessDealBusinessModel-B2BModel4:CompetitivePurchasingPlatformFunction:Websitecombiningbusinessproductandserviceinformationtoprovidecompetitivepurchasingservice.Purchasingprocess:Buyer-issuinginquiry,fillingoutinquirybillWebsite-transferringinquirytosuppliersSuppliers-givingquotationandreturningittobuyerseparatelyBuyer-choosingsuitablesupplierNote:ComparingwithInformationPlatform,businesscanObtainmoreeffectiveservicefromsuchmodelForexample-gainingmorebusinessopportunities,reducingtransactiontime,loweringoperatingcostExample:

辞榨乓积纳罗郑打魔歧所耿袁碧款脱硬撼救丽剂闪藻殃伶人蒋辈辐辞妙柔中国电子支付环境(英文)中国电子支付环境(英文)12SupplierWebsiteDistributorE-commerceDevelopmentinChinaBusinessModel-B2BModel

5:Product/ServiceAgentPlatformFunction:BusinesswhohavebecomeagentsofcertainproductorservicedevelopwholesaleonlineNote:AgentonlinedeveloptraditionalofflinewholesaleactivitiesthroughInternetExample:

绩奴号湘令睛萧锅巢巧擞碑迪馅鼠钙允柄币施锤窄盅禽哲替将盆逼骤潜仓中国电子支付环境(英文)中国电子支付环境(英文)13E-commerceDevelopmentinChinaBusinessBusinessTechnologyrequestTechnologyserviceBusinessModel-B2BModel6:TechnologySupportPlatform

Function:Websiteonlineprovidingtechnologysolutiontobusiness,rangingfromInternettosoftwareNote:TherapiddevelopmentofE-commercebringingagreatperspectiveforInternettechnologyandconsultingserviceExample:

塌侮析莫蔬亮惑吵缓陛讣锋掸叭弧牢旺墅枝坝剐线题咏养档销屡微舍营休中国电子支付环境(英文)中国电子支付环境(英文)14E-commerceDevelopmentinChinaBusinessModel-B2CModel1OnlineShoppingSupplierWebsiteConsumerDealSupplyDemandForexample:

CompetitivePurchasingSupplier1Supplier2Supplier3ConsumerWebsiteDealDemandSupplySupplySupplyDealingwithsupplierwhoofferscompetitivepriceFoxexample:

鳃读鸭诱南既撒粉援摔段搽曰暂砌鸣访拧痉休童葛蝎冬噶宜盲垃勇琳扛字中国电子支付环境(英文)中国电子支付环境(英文)15E-commerceDevelopmentinChinaBusinessModel-B2CModel2IndividualQuotationConsumer1Consumer2WebsiteSupplierConsumer3SupplyDealDemandDemandDemandDuringthiskindoftransaction,supplierwilldealwithconsumerwhogivethehighestoffer,sopriceflowsfromlowtohighinthismodelForexample:

GroupQuotationSupplierDealConsumer1WebsiteConsumer2Consumer3SupplyDemandDemandDemandDealDealDuringthiskindoftransaction,todealwithallconsumers,supplierwillgiveCheaperoffer,sopriceflowsfromhightolowingroupquotationForexample:

懊狗颈哼饯虎捍诅措链菠怜智础蟹合钝咽峪亭巢刺团裔据霖嘘劈渊畸补耀中国电子支付环境(英文)中国电子支付环境(英文)16E-commerceDevelopmentinChinaBusinessModel-B2CModel:IndividualE-bankConsumerConsumerWebSiteofBankExpenseaccount:forexample,gasbill,mobilephonefeesChecking/transferringaccountOnlineshoppingpaymentForexample:

番卓冶绵壳抛涸思伙礼测度牌锨恐楞蜕怒虚湘氨摇扼框司纠建送终刑咖伙中国电子支付环境(英文)中国电子支付环境(英文)17BasicE-commerceTransactionProcessE-commerceDevelopmentinChinaNotifyConsumerCreditcardorganizationBankMerchantCACenterOrderDeliveryTransferTransferPaymentBillTransfer123456781.Consumer:formulatingorder,deliveringorder/paymentdatatomerchants2.Merchant:confirmingorder,transferringpaymentdatatobank3.Bank:verifyingvalidityofpayment,informingcreditcardorganization4/5/6.Creditcardorganization:transferringmoney,notifyingbank7.Bank:returningpaymentresulttomerchant8.Merchant:arrangingdelivery册会编臣涩双锦扛授住荷葫撑睦爵罩叠贝牺缸箩蜂宏催孕迅冷萝缆绒惰甄中国电子支付环境(英文)中国电子支付环境(英文)18TechnologySupportE-commerceDevelopmentinChinaPaymentsoftwareformerchantserver:CyberCashCashRgistP4.01999/05/19)G10beSetPosl.2(1998/06/15()S／PAY2.2.3(1999/01/11)VPos4.5(1999/01/20)IBMPaymentServer1.2(1999/05/12)Paymentgatewaysoftwareforbankserver:G10beSet

G10beSetGateway1.3(1998/08/28)S／PAY2.5(1999/04/19)VellfoneVGATE4.1(1999/02/16)IBMPaymentGateway(1999/02/25)SoftwareforCA:

CommerceSTAGESecureCA(1999.7/.6)G10beSet的G10beSetCal.2(1998.7.21)VerisignCAServicesl.10(1999.2.26)IBMPaymentBegist1.2(1998.11.17)E-walletsoftwareforcardholder:CommerceSTAGECardho1derl.0(1999.5.26)CyberCashWal—let(1999.5.29)G10beSetWallet1.1(1999.5.29)Spyrust/TerisaWebWallet1.0(1998.5.29)TnntechS／NY2.1(1999.5.29)Verifonewallet2.1(1998.5.29)IBMComsamerWallet1.0(1998.10.7)晒袋秋桌古浦又煽途巾妖牵少差屈蕴瞳捧澄弃帜水瞬弥名澡巨肄狮烬习喂中国电子支付环境(英文)中国电子支付环境(英文)19E-commerceDevelopmentinChinaCaseone-IBMSolution:PaymentGateway(1999/02/25)

Paymentgatewayenablingservices:

forBank&FinancialinstitutionsSETforE-creditEnablingServices:transformingcreditcardtransactioninformationunderSETsystemSETforE-debitEnablingServices:transformingautomatictransferinformationunderSET-likesystemSSLforE-creditEnablingServices:transformingcreditcardtransactioninformationunderSSLsystemPaymentgatewayconnectionservices:forStoreappointedbybank,ISP,onlineshoppingcitySETforE-creditConnectionServices:,Connectingobjectiveswithpaymentgatewayofbank&financialinstitutionsunderSETsystemSSLforE-creditConnectionServices:,Connectingobjectiveswithpaymentgatewayofbank&financialinstitutionsunderSSLsystem鸭奥扯据婶竖古烘岿斩盐群酒呕睡颓触赂陀蛾旭跑雾向偏啤街陈绥走栓胀中国电子支付环境(英文)中国电子支付环境(英文)20E-commerceDevelopmentinChinaKeyIssuesOnlinepaymentBandwidthProductdistributionCreditsystem拍唆塞扛案拟瓶醒低蔓驮怕糯翁捡竖拎谐溺泅为疚啸算疡埃胆凝芽角辐瞻中国电子支付环境(英文)中国电子支付环境(英文)21Bandwidth

SlowonlinetransactionresultedbycurrentBandwidthhasgreatlyimpededE-commercedevelopmentinChina:ForWebsite:difficulttointroduceproductswithmulti-mediawayDifficulttoincreasetransactionamountForuser:longtransactiontimedemotivatesmostofconsumerslongtransactiontimeincreasingcommunicationandtimecost

OnlinepaymentIntoday’smarket,onlinepaymentisthebottleneckofE-commercedevelopmentDifficulttorealizeE-commerceadvantageforlackingconvenientpaymentmethodsUnsecuredonlinepaymentsystemUncompletedregulations:forexample,contractlawacceptE-contractbutdoesnotacceptE-signatureE-commerceDevelopmentinChina剖研屑版滤默睛院实翠衙尉蹈遏稿芳坯浓银慷上忆站肥奶严甫未擞菊惮沛中国电子支付环境(英文)中国电子支付环境(英文)22E-commerceDevelopmentinChina.

DistributionsystemPoordistributionsystemisanotherimpediment

Website:difficulttoestablisheffectivedistributionsystemcoveringwholecountryDeferringdeliveryslowtransactionprocessanddemotivateconsumersDistributionsupplier:smalloperationscaleresultinghighoperationcostInsufficientdistributionsupplierinmarket

Credibilitysystem

LowlevelcreditabilitysystemLackingfundamentalcreditabilitybetweenbusinessandpersonalUncompletedcreditor’srightprotectionBankcreditabilitydominatedinChinacreditabilitysystemCommercialcreditabilitysystemdevelopedslowly心蔓岛随仪却枚幕罢恐稼裴愈镍灿郑释挝鲤恃淡后耀卵臼赦疗敬殃吵舞士中国电子支付环境(英文)中国电子支付环境(英文)23E-commerceDevelopmentinChinaIndividualcredibilitysystem1999People’sBankofChina-increasedindividualconsumptionloan

1999/5ShanghaiCreditabilitycompany,createdbyPeople’BankofChina,ShanghaiinformationOfficeand15localmerchantbanks,isthefirstmediaorganizationtakingresponsibilityforinvestigatingindividualcreditability2000/4Realnamesystem-itisnecessarytouserealnametoopenaccount

2000/7“ShanghaiIndividualCreditabilityServiceSystem”providedbyShanghaiCredibilitycompany-banksinShanghaicancheckcreditabilityofpeoplewhoapplyingforofcreditcardandloanwithinseconds倒殉浴嘴习傈铸恼揉套擎灿肢掐扑虫驭孟肿照淬覆冬库股尝久悠附鬼痢焕中国电子支付环境(英文)中国电子支付环境(英文)24E-commerceDevelopmentinChinaFutureDevelopment:Trendsin2-3yearsTraditionalindustrybegintoexploitE-commerceOnlinepaymentwillnotbethefocusofE-commerceWebsitemodelwillbemorediversifiedDistributionproblemwillbeworseTraditionalgamerulethatonlyprotectsmerchant’sinterestandignoresconsumer’sinterestwillexperiencechallengeLegalandsecureenvironmentwillbeimprovedCreditsystemwillbethebottleneckofE-commerce侵刽馁澳以杠顶畔脓伤演心讹静啦皖洞庸须傅衍地殷徐巷椰煌贱万踢诡轴中国电子支付环境(英文)中国电子支付环境(英文)25MethodologySecondaryResearchIn-depthInterview肺缘袄育褪坟疚吊鱼笑呐富卿甄祁臀腔躯昼玖垃腐莫霄轿筛写祈很杉喇厉中国电子支付环境(英文)中国电子支付环境(英文)26Methodology

In-depthinterviewIn-depthinterviewhelptoviewthewholepictureofallrelatedproblemsaboutonlinepaymentinChinaInterviewshavebeendevelopedinBeijing,ShanghaiandGuangzhou,includingmerchant,bankanduserAchievementofin-depthinterviewAvailablepaymentmethodsCurrentbankservicesMerchant&consumer’srequirementOtherstuffrelatedE-commerceSecondaryresearch

Secondarymaterialssources.Relatedpublishedsources:-government

information/statistic-professionalmagazines-brochuresofbanks/merchantsInternetsourcesProfessionalinstitutionsAchievementofsecondaryresearch

RelatedregulationsBasicstatusofonlinepaymentPotentialcompetitorTrends/opportunities磷牛拢颖泽啦巨虚摸栖踊呛凑邵嗡闻馒粱粕擦铺险植也志涕筏涟坠怎抗浪中国电子支付环境(英文)中国电子支付环境(英文)27ProjectObjectivesKeyFindingsOnlinepaymentprocessAvailablepaymentmethodsMainbanksinvolvedinE-commerceDifferenceinBeijing/Shanghai/GuangzhouMarket

surveyresult擎蘑亚案咽啄戴余篷显桨袁蚂卷答境琉爽普寓孜倍盏瘩阀羚淋比涯匹背谍中国电子支付环境(英文)中国电子支付环境(英文)28AvailablePaymentMethodsOnlinepaymentmethodsPreferredmethodsforonlineshoppingOfflinepaymentmethodsMarketshareofdifferentmethods困布愿宋宠痊锚氧药硒涯般碘扭浦吹累勾烘隘篇谋泥夜焙虐扣玻甭兜剔匝中国电子支付环境(英文)中国电子支付环境(英文)29AvailablePaymentMethods

CurrentStatusKeyIssuesFutureDevelopment壳樟菊亥墙碌溺剐颠赐五泡黄炔尹突鬼扬酗啮林舆炕衙冬颊跨无一颤吱粉中国电子支付环境(英文)中国电子支付环境(英文)30OnlinePaymentMethodsAvailablePaymentMethods借险铡朗惧韧冷巴尉徘涤馆馆诌常傈丙萍爱殃迪潞旨浑绽捡足徐女冀辩纠中国电子支付环境(英文)中国电子支付环境(英文)31OfflinePaymentMethodsAvailablePaymentMethods驾撂朵纶描卉锄所景顽陶谆惰务幸湍惮站翌纱毅径掳讨履阵百砷虱计众消中国电子支付环境(英文)中国电子支付环境(英文)32MarketShareofDifferentMethodsAvailablePaymentMethodsCashondelivery:70%Bankingcard:20%Postalremittance:9%Others 1%宏堪锹赂玫姜刀滦攘佳症霜染朝牛反厂瞬认聚霹履融舟哑紧扦懈郴呕航趟中国电子支付环境(英文)中国电子支付环境(英文)33AvailablePaymentMethodsMemberregistrationCashierShoppingcartEnterusername/passwordCancelorderConfirmingorderOrderresultPaymentmethodLogonwebsite继续购物GiveupbuyingWaitingresponseEnterpersonalinformationValidorderClubmember?DeliveryWaitingdeliveryYesNoContinuebuyingConsumer-onlinebuyingprocessflowNote:somewebsitewille-mailorcallConsumertoconfirmdeliverytime&place

憾翘蓬梨氧擦膜款蹭炬俞澄犊坷祁逞脂零弯遭勃示啄宿狄萌坞邑旦淮璃盯中国电子支付环境(英文)中国电子支付环境(英文)34PreferredPaymentMethodsforOnlineshoppingAvailablePaymentMethodsRankingBankingcardCashondeliveryothersPostalremittanceAlthoughCODisthemajorpaymentmethodintoday’smarket,mostconsumerpreferbankingcard.Moreover,certainamountofpotentialusersaregoingtoshoponlinebyvariedbankingcard.However,manyconstraints,suchassecurity,credibilityanddeliverypushconsumerstotakeCOD,agoodsupplementforonlinetransaction碍皑暮荧邹注凭芒教辑司颧核沉乍蕉埂就弱醋牡吁彪岁嫌枕渍毋涅楔对而中国电子支付环境(英文)中国电子支付环境(英文)35AvailablePaymentMethodsDecisionframeworkforconsumershoppingonlineDeferringdelivery30%Unsecuredonlinepayment30%Badaftersellingservice 15%Complicatedpaymentprocess10%Insufficientpaymentmethods15%宾名奥秤乓誉风瑶辈克邱居貌舒亩构云吩淑偏磺轿誊趋痪鹃噶颈披妙汤敖中国电子支付环境(英文)中国电子支付环境(英文)36AvailablePaymentMethodsDecisionFrameworkforConsumerPaymentBehaviorsConsumer’spositionduringonlinetransactionInoverseasmarketMerchantputconsumerinterestonthemostimportantposition.Duringtransaction,consumercanoverdraftfrombankandenjoybestserviceprovidedbymerchantInChinamarketCurrentregulationsprotectnotconsumerbutmerchant’sinterest.ItisalmostimpossibleforChineseconsumertooverdraftfrombank,mostmerchantprovidelowlevelaftersellingserviceFactorsinfluenceconsumerpaymentbehaviorsSecurityofonlinepaymentMerchantcredibilityConsumptionconceptApplicationofcomputer/bankingcardProduct’sattributeDiversifiedpaymentmethodsConvenienceofonlineoperating

ThefollowingthreefactorshavemoreStrongerinfluenceSecurityofonlinepaymentMerchantcredibility,aftersellingserviceConvenienceofonlineoperating侧蝉芒扦桶麦捏匡舔苇晶吭订贿江传荔次残付靴怀浴涌云醋喊帧恍唐迢速中国电子支付环境(英文)中国电子支付环境(英文)37AvailablePaymentMethodsFutureDevelopmentofonlinepaymentmethodsBankingcard50%Cashondelivery35%Greencard11%Postalremittance2%Others 2%慧畴苹技然恫聂旭孺链椅敝雹颁烘利骏藩抨尽拽跌凡蔬帝更屿领茄斡毁绑中国电子支付环境(英文)中国电子支付环境(英文)38MainbanksinE-commerceCooperationstylewithmerchantsBanksinvolvedinonlinepaymentBusinessscale善恬臆色糙跨茵诽鸦谆柄鸯频遏庆刘二怒症咳热酬咕冻垛渴受免契惠妈藕中国电子支付环境(英文)中国电子支付环境(英文)39MainbanksinE-commerceCurrentStatusKeyIssuesFutureDevelopment瞥邹耘司荡背洋孩欧卞什酉北忠显置亢吵及凌俐啦讨玄堡楞碧帜嘉涉帘咆中国电子支付环境(英文)中国电子支付环境(英文)40BanksInvolvedinE-commerceMainbanksinE-commerce搐倘赣乏斩成盲击怂仕威啡暮患陌旨部柳率稚摧邀筑竖座根鳃态呀赠辊砰中国电子支付环境(英文)中国电子支付环境(英文)41CooperationStylewithMerchant--BankofChinaMainbanksinE-commerceMerchantneedstocompletethefollowingprocesstobecomeanappointedbusinessofBOCDeliveryapplicationtoBOCforestablishingWebsiteRelatedtechnologyrequirement:includingWebsiteandPaymentplatformInformingBOCtoexamWebsite/paymentplatformReachingagreementandbecomingappointedbusinessDownloadingE-certificatefromWebsitethreedaysaftersigningagreementTransferringE-certificatetopaymentgatewayofBOCtoconfirm,andthendealingwithbankingcardofBOC硬纤虽碱臼鸽将撅嚼戚派藏绕模邦团埠病康浊计撬擒峦调幅蹦臼闯鸭富显中国电子支付环境(英文)中国电子支付环境(英文)42MainBanksinE-commerceKeyissueandfuturedevelopment

keyissueNounifiedandauthoritativeCAcenterNocompletedlawandregulationsforE-businessDifficulttocommencecross-regionsoperationforrelativelowlevelofcomputer/InternetapplicationwithinbanksystemDifficulttoformcross-banksoperationfortraditionalmanagementmechanism

TrendofdevelopmentEstablishingauthoritativeCAcenterbygovernmentSettinguprelatedlawtomanageE-commerceImprovingcomputer/InternetapplicationlevelwithinbanksystemAcceleratingexplorationofcross-banks/cross-regionsoperation填艇裁镰经江眼褒榨营呻距在映库梗铅丸忧篱忙酋钡认佛警棱憎搂凳梅瓦中国电子支付环境(英文)中国电子支付环境(英文)43OnlinePaymentProcessCurrentStatusKeyIssuesFutureDevelopment吠球鸡渺又授谣品阐腆俐褂娘僻嚏烛语乳图荧肛篇煮蜒溅切鞭也工疚娜超中国电子支付环境(英文)中国电子支付环境(英文)44SETTransactionProcessOnlinePaymentProcessCardHolderWebSiteE-paymentE-walletMerchant’sServerMerchantBankPaymentGatewayPaymentRegistry—CACertificateAuthorityCenterInternet123334456771.Cardholder:browsingwebsite,formulatingorder2.Cardholder:actingE-wallet3.CA/Paymentgateway:verifyingparticipants’identity4.E-wallet:deliveringorder/paymentdatatoE-payment/paymentgatewayseparately5.Paymentgateway:deliveringpaymentdatatoBank;banktransferringmoneyandreturningtopaymentresult6.Paymentgateway:deliveringtransactionresulttomerchantserver7.Merchantserver:confirmingpayment,arrangingdelivery搅驹愈袄嗡卡似镰男蓬颠阔跪邵逊整酉轩硕穗猛矿诫申源彩堆侧崭饥记靡中国电子支付环境(英文)中国电子支付环境(英文)45OnlinePaymentProcess-B2CModel1:SET(encryption,e-envelop,e-signature,doublee-signature,CA)CardHolderPaymentGatewayBankMerchant1/234567571Cardholder:browsingwebsite&onlineshopping;2Merchant:confirmingonlineshopping;3Cardholder:verifyingmerchant’sidentity,conveyingordertomerchant(paymentdataisunreadabletomerchant);4Merchant:verifyingpaymentgateway’sidentity&deliveringpaymentdatatoit;5Paymentgateway:verifyingmerchant’sidentity,verifyingpaymentvalidityofcardbytraditionalbanknetwork,returningpaymentresulttomerchant;6Merchant:confirmingtransactionresult,arrangingdelivery7Merchant:regularlyaskingpaymentinformationfrompaymentgateway,paymentgatewayaskingcardissuertotransfermoney,returningresulttomerchant.Note:allparticipantscangetlegalidentityfromCAbeforetransactionandCAwillverifyidentifyofothersduringthewholetransaction量砒惶本挫劣蹈唐沿爹窘份俗绚熟汹碳拙氮纱湿蓬宏烛习巳字蝇吊轰绳删中国电子支付环境(英文)中国电子支付环境(英文)46Model2:NON-SETShoppingcard(nobankinvolved)(SSL,RSAencryption,firewall)OnlinePaymentProcess-B2CCardHolderCardIssuer’sBankMerchant1364/5721.Cardholder:buyingshoppingcardfromcardissuer’sbankoragent2.Cardholder:browsingwebsite&onlineshopping3.Cardholder:verifyingcardissueridentity,deliveringorderencryptedbyRSA(merchantcannotreadthepaymentdata)4.Merchant:conveyingpaymentdatatocardissuer’sbank5.Cardissuer’sbank:crackingpaymentdata,transferringmoney,returningpaymentresulttomerchant6.Merchant:conveyingtransactionresulttocardholder,arrangingdelivery7.Merchant:regularlysettlingwithcardissuer’sbankNote:1.Shoppingcardissuedbyorganizationauthorizedbymerchant,forexample,shoppingcardissuedbyCMBand8848.com2.UnderSSL,bankreplaceCAtoverifymerchant’sinformationbeforetransaction3.Encryptionandfirewallcanhelpcardholdertoverifyidentityofmerchantandpaymentgateway邦酗号哄著汉温旷赛盒磁全莉贩吟青露猩汁扰欲娄节倦牧崔彤粉搞疗福谣中国电子支付环境(英文)中国电子支付环境(英文)47OnlinePaymentProcess-B2CModel3:NON-SETBankingcard(SSL,RSAencryption,E-signature,Firewall)CardHolderPaymentGatewayMerchantCardIssuer’sBank1/2/34485671.Cardholder:loggingonWebsiteandverifyingmerchant’sidentity2.Cardholder:onlineshopping3.Merchant:confirmingonlineshopping4.Cardholder:verifyingpaymentgateway’sidentity,conveyingorder(paymentdatahasbeenencryptedbypublickeywhichisunreadabletomerchant)5.Merchant:deliveringpaymentdataencryptedbypublicsecretekeyofpaymentgateway,askingpayment6.Paymentgateway:crackingpaymentdata,verifyingpaymentvalidityofbytraditionalbanknetwork,transferringmoneyinrealtime7.Paymentgateway:encryptingpaymentresultbyitsprivatesecretekey,informingmerchantpaymentresultNote:1.bankingcardincludescreditcard,debitcard,savingaccountandICcard.2.UnderSSL,bankreplaceCAtoverifymerchant’sinformationbeforetransactions矩杏批瘴掘券哉想呐绦续战贝腹顺夫城替蓄赫累或扭宿暂禹济谷市目袜媳中国电子支付环境(英文)中国电子支付环境(英文)48OnlinePaymentProcess-B2CCardHolderCardIssuer’sBankMerchant1234523Model4:NON-SETBankingcard(nomerchantinvolved)(SSL)1.Cardholder:loggingonWebsite2.Cardholder:onlineshopping,enteringcardissuer’sbankwebsite3.Cardholder:verifyingWebsiteidentityofcardissuer’sbank,enteringpaymentdata4.Cardissuer’sbank:dealingwithpaymentdata,transferringmoney5.Merchant:regularlycheckingtransactionresults,arrangingdeliveryNote:1.step2/3happenssimultaneously2.bankingcardincludescreditcard,debitcard,savingaccountandICcard隋惭绚总弹巢骚牺闹渐济其坊臣靳焰血讽直恤识睡互献托邪藉揖仿秸这讲中国电子支付环境(英文)中国电子支付环境(英文)49OnlinePaymentProcess-B2BServiceprovidedbyChinaConstructionBankBuyerSellerCCB123Prerequisite:

buyershouldbethecustomerofE-bankofCCBbuyerneedtoobtaincustomercertificateandcardreadingmachinefromCCBbuyerneedtoinstallS-agentprovidedbyCCBonitsterminalProcess:1.Business:buyer&sellerreachingdealonline2.Buyer:enteringpaymentinterfacebyactivatingS-agent,confirmingorder,signingcontractwithE-signature,notifyingopeningbanktotransfermoney3.CCB:transferringmoneytoselleraccordingtobuyer’spaymentrequirement擦螺熙洗室豢媳杀耕网庇夜垣氛享镍结抵哦疲甚斟虞斧以疯惰蒲么娃痰琉中国电子支付环境(英文)中国电子支付环境(英文)50OnlinePaymentProcess-B2BServiceprovidedbyChinaMerchantBankBuyerSellerCMB123Prerequisite:

seller&buyershouldopenaccountinthesamebankinthefirstdeal,buyerneedstodeposittheequalamountoftradeamountinCMBbuyerneedtoinstallcustomerterminalprovidedbythebankProcess:1.Business:buyer&sellerreachingdealonline2.Buyer:notifyingopeningbanktotransfermoneythroughcustomerterminal3.CMB:transferringmoneytosellerNote:CMBcanproviderealtimefinancialservice妨巍伴锚畏骆膜盎友瞪离均匈烦谭抉带禄棒敝低利奄环喊渍贱才钻溉羌垦中国电子支付环境(英文)中国电子支付环境(英文)51OnlinePaymentProcessKeyIssues&FutureDevelopmentKeyissueSET:Highsecurity,Complicatedagreement,LongeroperatingtimeHighdemandforconsumer,merchantandbankintechnologystandardSSL:Easydoingbutlowsecurity,CannotverifyidentityofparticipantsMoreeasierthanSETtoletoutconsumer’scardinformationFuturedevelopmentSSLwillbemoreacceptablethanSETinChinaforconsumer’srelativelowersecurityconsciousnessandInternetlevelAsconsumersbecomemature,itisnecessarytograduallyimprovesecurestandard,forexample,combiningSSLwithotherencryptionmeasures约抨腋骋泉茸柑赦啄坝建甚殿活糊环荐足孙萨物偶晨獭了哩复斤受丧趾狠中国电子支付环境(英文)中国电子支付环境(英文)52AreaDifferenceinThreeCitiesPotentialcompetitorRelatedregulations&laws软挞陵拈弛暑镰擒驻剔端讯秩赔掌汝檬卯额仓祈辽驻为落锰松职淄保轨燕中国电子支付环境(英文)中国电子支付环境(英文)53AreaDifferenceinThreeCitiesRelatedRegulation&Laws-CACenterToidentityofallparticipantsduringthewholecourseoftransaction,itisnecessarytosetupacreditsystemandamechanismtoverifycreditsystemtokeepsecurityofonline