What does virtual payment mean?

Virtual payment refers to various non-cash payment methods including bank card payment, phone card prepaid, credit card payment, online payment, mobile phone payment, etc.; virtual payment mainly relies on the settlement service of the user's credit card. With the rapid popularity of mobile value-added services in China, the frequency of mobile payment has gradually exceeded that of cash; because of this, my country's mobile payment penetration rate has become the highest in the world, and Alipay and WeChat also play a vital role role.

The operating environment of this tutorial: Windows 7 system, Dell G3 computer.

What is virtual payment

Virtual payment refers to bank card payment, phone card prepaid, credit card payment, online payment, mobile payment, etc. Various non-cash payment methods. Virtual payment is not only an important part of modern commerce, but also a mainstream trend in future consumption.

With the rapid popularity of mobile value-added services in China, the frequency of mobile payment has gradually exceeded that of cash; because of this, my country's mobile payment penetration rate has become the highest in the world, while Alipay and WeChat also played a vital role.

Mobile payment emerged in 2004. Jack Ma was troubled by the inability to pay on his own shopping platform. Then Alibaba launched Alipay for the first time for mobile payment. With the popularity of online shopping, Alipay has also begun to develop and grow. It not only has payment functions, but also supports functions such as borrowing money, paying utility bills, and Zhima Credit. In 2014, Alipay officially became the world's largest mobile payment manufacturer. Since then, Alipay has established its position as the leader in the payment industry.

With the development of mobile payment, WeChat, the social platform with the most users in China, has also been involved in the payment industry. Although Tencent started late in the payment industry, it has relied on its user advantages to expand its presence in the payment industry in just 6 years. It already has 100,000 users.

Which one is more secure, virtual mobile payment or real payment?

The biggest difference between virtual mobile payment and real payment is whether you hold the money in your hands or not. Some people think that even if you use a credit card, at least the money is in your hand, but virtual mobile payment There is always a "virtual" feeling to payment. It is also caused by the different implementation properties of the two. But virtual mobile payment mainly relies on the settlement service of the user's credit card. Whether it is a card package or a wallet, the money is still in it. Since virtual mobile payments have the possibility of being stolen, real payments still exist. Even if your credit card is still in your possession, it may be stolen.

In comparison, virtual mobile payment is safer. If the mobile phone is used as a virtual card package, its payment function is connected to the bottom layer of the system, and the user must pass the verification of the system to use the payment function, unlike a bank card, which only requires a password. If the mobile phone is used as a virtual wallet, although the software may not be connected to the bottom layer of the system, various security verifications must be passed before the money can be used. Even if the data on the mobile phone is maliciously damaged in order to use virtual mobile payment to steal money, it is almost impossible because once the data is erased, it cannot be reversed.

No matter whether it is real payment or virtual mobile payment, there is no absolute security. If you want to be safe, bartering is the safest method.

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