The Design And Implementation Of A Third Party Payment Business Management System

Since the first license of payment business from People's Bank of China in year 2011,the third party payment companies have grown up quickly from nothing,now they have been more important participants than banks in the payment business.But,during the fast development of business,more and more problems are exposed.False merchants,fraudulent transactions,money laundering etc,all these risks bring big loss to cardholders,banks and the payment companies.Even the system faults like disclosure of information,repeat settlement will kill a third party payment company.And therefore,all these companies have high attention to the construction of own information system.A set of high efficiency,stability and security of system platform is the basis of the stable operation of the business,is essential for company to participate the business competition and promote it high speed and steady.The management system is a key component of the entire platform,primarily it's for internal operation staff,with series of functions including information management,data monitoring and report statistics,analysis etc.,to ensure the daily payment business to be handled smoothly.To design and implement a new business management system for third-party payment company,this article was working on the following aspects.First of all,it's the survey on the status of payment business,being known the outstanding problems currently: outdated system,uncontrolled merchants,and frequent risk events and so on.Secondly,it studied the systems from other companies in the payment business,and found that different agencies of the business management system has its own development characteristics,but also there are some weakness and deficiencies.Then,with the characteristics of the target company and its demand of development,based on the basic requirement of operation,it concentrated on the analysis of management on risk and clearing issues,and give the solution.According to the target of system construction,with the characteristic of our Research & Development team,the system was decided to take widely used langue JAVA,Struct2 + String + ibatis architecture,ORACLE database,and socket technology based on TCP / IP agreement for data transfer.Through the analysis of demand,with the principles of safety,stability,manageability and scalability,it designed and implemented the functional modules for partner management,merchant management,terminal management,risk management,transaction management,clearing management,report statistics,and focused on optimizing the risk management module under the realization of risk monitoring rules and configured goal,it caught the requirements from system development and operational efficiency.Finally,the completion of the system successfully passed the functional testing and performance testing,and was placed to trial operation on line.After a period of time,they system was working steady,achieved the desired effect,compared with the original system,it has big improvement in all function,could meet the demand of business development.Especially the function of risk management achieved the management of the business rating to meet the requirements from supervisory department,and repeatedly intercepted to the risk of trading,effectively reducing the risk caused by the loss of funds.Overall,this article achieved a fully functional,stable and efficient,and expansion third-party payment business management system,as well it could be reference and promoted in the system construction for other similar companies.