The Third-party Platform Online Transaction Security Strategy Research And Implementation

The online payment service provided by the third-party paymentplatform meets the payment requirements from both clients ande-commerce companies, and also helps the development of E-commercialindustry in China. However, the security problem of online payment ismore concerned with the deep implementation of the third-party platform.And the account and online trading securities are exposed to risk due tothe under-developed online payment technology and management. Thepayment credit problem and payment security concern in the frame ofcurrent third-party payment platform would impede the development ofe-commerce in China. Peoples’ Bank of China has issued <Non-FinancialInstitutions to Pay a Service Management Approach> in order tostandardize corporate activities which related to third-party payment.The authors of this paper have been involved in the application ofthird-party payment’s license, participated in investigating the Chinesefinancial industry’s third-party platform system, and also made recommendations on the design of the platform’s security. This paper isgoing to descript the basic conceptions of third-party payment platformand the current situation, and introduce payment methods. The authors paymore attention on the research of online trading security strategy.Meanwhile, they also notice the general structure of platform’s system andtechnical trend, and the details of functional sections. Lastly, the authorsintroduce the safely connected-in payment platform for individual clientsand corporate clients, and the security frame of directly connected systemfor financial institutions in order to keep the safety of payment platform.The reason to do this project is from the development of specificcommercial software which has been demonstrated by practice, so theproject has a high value both in control and reality. A platform called“Kingpass Third-party Payment” which developed by this project has beentaken by a e-commercial company. The stabilization and security of thesystem have meet up with the initial expectation based on theimplementation of “Kingpass Third-party Payment”. This article could bea good reference to the design of third-party payment platform because the authors take consideration of the current platform background, analyze theplatform’s security strategy, combine a specific project, and bring out asolution of safely connecting payment platform.