TW202022736A - Cross-border payment system including deducting local currency through overseas financial institutions or organizations and domestic financial institutions - Google Patents

Abstract

There are multiple applications of the Internet network. Various companies provide website payment functions or automatic deduction services for water, electricity, telephone charges, credit card fees and other charging items. However, these functions or services are only for domestic residents who pay in New Taiwan dollars. There is a need for those who work and study abroad for a long time but still have relevant assets or service usages in the country. The invention proposes a cross-border payment system aimed for those who work or study abroad or study or work in Taiwan. The cross-border payment system provides users to pay his/her local currency through overseas financial institutions or organizations and domestic financial institutions for collection and exchanging to complete the payment. The implementation of the cross-border payment system is for users to check the payment amount, make the payment and obtain the deduction information on a mobile device or a payment machine that has installed with the cross-border payment system. The invention can avoid the user from currency exchange, asking other party to make the payment, overdue payment and other issues.

Description

Cross-border payment system

The present invention relates to a cross-border payment system, in particular, a user can use a mobile device or a payment machine to inquire about the cost details of a domestic financial institution via the Internet, and use an overseas collection agency to conduct domestic fees in overseas local currency Payment: At the same time as the payment, the overseas collection agency will collect the money on its behalf. After the collection is completed, the domestic financial institution will be notified and transferred to the collection collection. The domestic financial institution will confirm the receipt and accept the foreign foreign exchange inflow, and notify the institution After the settlement of foreign exchange on behalf of the event unit, the payment shall be delivered in currency agreed to by the institution.

At present, when Chinese people want to pay domestic fees such as tuition fees, water, electricity and gas fees abroad, the payment methods are nothing more than automatic bank withholding, overseas remittance, entrusting others to pay, etc., for time-sensitive, temporary or large amounts of fees , There is no immediate and assured payment method for foreigners abroad, and for those who live abroad for a long time, they often face problems such as currency exchange losses, insufficient domestic deposits, high remittance fees, or no relatives and friends to entrust.

In order to solve the problem of currency exchange losses, insufficient domestic deposits, high remittance fees, or no relatives and friends to pay for the time-sensitive, temporary or large amounts of expenses, etc. After the sequelae of late payment, fines, etc. occur, the present invention provides that foreigners living in the country can use the mobile device or the cross-border payment system installed in the payment machine, and the domestic and foreign financial institutions and overseas collection agencies cooperating with the present invention can query immediately And take the location as The local currency pays the fees of domestic institutions, avoiding currency exchange losses, insufficient domestic deposits, excessive remittance fees, or no relatives or friends to entrust.

The present invention is a mobile device where the user has installed a cross-border payment system abroad or clicks the payment type through the payment machine, selects the fee unit and enters the fee query conditions such as student number, telephone number, license plate number, water number, etc., cross-border The payment system transmits the query conditions and fee units entered by the user to domestic financial institutions via the Internet or dedicated lines or secure encrypted channels. Financial institutions can query single or multiple transactions based on the query conditions and fee units entered by the user. Fee details, when the fee query is completed, it will be converted into overseas local currency at the real-time exchange rate of New Taiwan Dollar against foreign currency on the day, and sent to the cross-border payment system through the Internet or dedicated line or secure encrypted channel. After the user confirms it, it will be cross-border The payment system is a payment mechanism that combines the payment system with the overseas collection agency. After the user enters the account number, password and other verification information, the overseas collection agency debits the user’s overseas financial institution account or credit card in the local currency and performs the payment on behalf of the user. When the overseas collection agency successfully deducts the payment, it will notify the domestic financial institution through the Internet or dedicated line or secure encrypted channel. After receiving the notification, the domestic financial institution will notify the institution of the payment success message to cancel the account and reply to the use After that, the overseas collection agency will remit the fee to the account of the domestic financial institution in the agreed currency, and the domestic financial institution will declare the fee on behalf of the institution and settle the foreign exchange in New Taiwan dollars or the agreement of both parties The currency type is deposited into the designated account of the institution.

In order to achieve the above purpose, the present invention is a mobile device or payment machine, after the user enters the designated query conditions of the payment item in the cross-border payment system, the cross-border payment system will transmit the query conditions to the domestic financial institution. According to the payment item and query conditions, inquire about the payment amount in its own database or with the institution of the payment project. When the payment amount is obtained, The domestic financial institution converts the payment amount into the overseas local currency according to the exchange rate of the foreign currency on the day, and the domestic currency amount and the overseas equivalent currency amount of the payment item payment amount are paid through the Internet or dedicated line or secure encrypted channel through cross-border payment The system is displayed on the mobile device or payment machine operated by the user. After the payment amount is confirmed by the user, the user can also operate the cross-border payment system on the mobile device or payment machine to make payment; the user enters the account number, password or Other authentication methods approved by the overseas collection agency. After the user enters the payment instruction and is verified by the overseas collection agency, the overseas collection agency will deduct the current payment amount in foreign currency from the overseas financial institution account or credit card agreed or designated by the user When the deduction is successful, the overseas collection agency will send the deduction success message to the domestic financial institution through the cross-border payment system, and the domestic financial institution will notify the corresponding institution of the deduction success message to write off the account and reply to the user. , The overseas collection agency remits the fee in accordance with the payment method agreed with the domestic financial institution. .

In an embodiment of the present invention, the mobile device may be a mobile phone, a tablet computer, a notebook computer, a PDA, etc.

In an embodiment of the present invention, the cross-border payment system can be an APP, an execution file or an AP.

In an embodiment of the present invention, the payment machine can be used alone or shared with other devices such as cash machines.

In an embodiment of the present invention, the secure encryption channel may be an encryption system such as VPN and 3DES. In an embodiment of the present invention, the overseas collection agency may be a collection agency or other legal organization recognized by local laws.

In an embodiment of the present invention, the domestic financial institution may be a bank, an insurance company or other legal organization recognized by relevant domestic laws.

In an embodiment of the present invention, the overseas financial institution may be a bank, an insurance company, or other legal organization recognized by local regulations.

1‧‧‧Mobile device or bill payment machine on the user side

2‧‧‧APP or executable file

3‧‧‧Operation interface

4‧‧‧Business Unit

5‧‧‧Domestic financial institutions

6‧‧‧Foreign collection agency

7‧‧‧Overseas financial institutions

The first picture is the operation flow chart of the cross-border payment system

The second picture is the flow chart of APP or executable file operation

The third picture is a public institution, which generally refers to the operation flow chart of all private units or organizations that charge fees

The fourth picture is a domestic financial institution, and can also be a flow chart of the operation of a private unit or organization permitted by domestic laws and regulations

The fifth figure is an overseas collection agency, which generally refers to the operation flowchart of all private units or organizations that are permitted by local regulations and legally established to engage in collection and forwarding services

The sixth figure is the operation flow chart of overseas financial institutions, that is, users' deposit banks or credit card and other financial instrument bidding banks in the local area

Please refer to the figure in "1.2.3.4.5.6", which are flow chart 1, APP or execution file operation flow chart of the present invention, 2. Business unit, generally refers to the operation process of all private units or organizations that charge fees Figure 3. Domestic financial institutions may also be private units or organizations permitted by domestic laws and regulations. 4. Overseas collection agencies generally refer to all legal establishments permitted by local laws and regulations to engage in Operation flow chart 5 of civil-owned units or organizations for the collection and transfer business and operation flow chart 6 of overseas financial institutions, that is, users’ local deposit banks or credit card and other financial instrument bidding banks.

As shown in the first figure, the present invention is a cross-border payment system, which includes at least one mobile device (mobile phone, tablet computer, notebook computer or PDA, etc.) or payment machine 1, APP or executable file 2, operation interface 3. Institutions 4, generally refer to all private units or organizations that charge fees, domestic financial institutions5, and may also be private units or organizations permitted by domestic laws and regulations, and overseas collection agencies6, generally refer to all those permitted by local laws and regulations And legally set up civil-run units or organizations that can engage in collection and transfer services, and overseas financial institutions7, that is, the user’s local deposit bank or credit card and other financial instrument bidding bank, and the operation of the APP or execution file 2 Interface 3 further includes functions such as payment item query, payment information and fee payment.

The above-mentioned overseas collection agency can be a collection agency or other organization recognized by the local law. The mobile device can be a mobile phone, a tablet computer, a notebook computer or a PDA or a payment machine. The user has installed the cross-border payment system APP or the mobile device of the execution file 2 or the payment machine in the operation interface 3 to select the payment category, select the fee unit and enter the fee query conditions such as student number, telephone number, license plate number, Water number, etc., cross-border payment system APP or execution file 2 transmits the query conditions and fee units entered by the user to the domestic financial institution 5 via the Internet or dedicated line or a secure encrypted channel. The domestic financial institution is input by the user For the query conditions, you can query the single or multiple fee details in your own database or business unit4. When the fee query is completed, the real-time exchange rate of New Taiwan Dollars against foreign currencies on the day will be converted into the amount of overseas local currency through the Internet or Dedicated line or secure encrypted channel is sent to the user's mobile device APP or executable file 2. After the user confirms the fee, the user can confirm and pay in the operation interface 3 of the APP or executable file 2 on the mobile device, user input The account number, password or other verification information recognized by the overseas collection agency 6 or the overseas financial institution 7 will be debited and collected by the overseas collection agency 6 from the user’s account or credit card in the overseas financial institution 7 in the local currency. When the overseas collection agency 6 successfully deducts the money, the deduction message will be displayed to the user’s mobile device’s APP or the operation interface 3 of the executable file 2, and the domestic financial institution 5 will be notified via the Internet or dedicated line or secure encrypted channel. 5 After receiving the notification, inform the institution of the fee that the payment was successful 4 to cancel the account; then, the overseas collection agency 6 will collect the fee on its behalf and remit the fee to the account of the domestic financial institution 5 in the agreed currency , The domestic financial institution then declares and settles the fee on behalf of the institution 4, and deposits it into the designated account of the institution 4 in New Taiwan dollars or a currency agreed by both parties.

In summary, the present invention allows users to pay domestic fees such as tuition, fines, insurance premiums, etc. outside the country, they can use the present invention to instantly check the cost details and payment in overseas local currency, without entrusting others to pay or pay Remittance at the counter can effectively solve the risk of fraud and exchange loss for users.

1‧‧‧Mobile device or bill payment machine

2‧‧‧APP or executable file

3‧‧‧Operation interface

4‧‧‧Business Unit

5‧‧‧Domestic financial institutions

6‧‧‧Foreign collection agency

7‧‧‧Overseas financial institutions

Claims (6)

A cross-border payment system, including: a mobile device or payment machine, which installs APP, AP or executable files and provides network functions; a business unit whose fee collection is commissioned by a domestic financial institution to handle the collection; a domestic financial institution Institutions that provide cross-border payment systems for users to pay services abroad; an overseas collection agency that cooperates with domestic financial institutions to provide collection and transfer services; an overseas financial institution that cooperates with overseas collection agencies to provide users overseas Accounts or credit card deductions, etc.; users have installed mobile devices with cross-border payment systems at home or abroad or use the payment machine to select the payment category, select the fee unit and enter the fee query conditions such as student number, phone number, and license plate Number, water number, etc., the cross-border payment system transmits the query conditions and fee units entered by the user to domestic financial institutions via the Internet or dedicated lines or secure encrypted channels, and the financial institutions rely on the query conditions and fee units entered by the user , Query a single or multiple fee details. When the fee query is completed, the real-time exchange rate of New Taiwan Dollars against foreign currencies will be converted into overseas local currency amounts at the same time, and sent to the cross-border payment system through the Internet, dedicated lines or secure encrypted channels After the user confirms, the cross-border payment system is combined with the payment mechanism of the overseas collection agency. After the user enters the account number, password and other verification information, the overseas collection agency will transfer the user’s overseas financial institution account or credit card to the local Currency deduction and collection. When the overseas collection agency succeeds in deduction, it will notify the domestic financial institution through the Internet or dedicated line or secure encrypted channel. After receiving the notification, the domestic financial institution will notify the business of the payment success message to the fee The unit writes off the account and responds to the user; after that, the overseas agent will remit the fee to the account of the domestic financial institution in the agreed currency. The domestic financial institution declares the fee on behalf of the institution and settles the exchange. The New Taiwan Dollar or the currency agreed by both parties shall be deposited into the designated account of the institution. According to the cross-border payment system described in item 1 of the scope of patent application, the mobile device can be smart Mobile phones, tablet computers, notebook computers, desktop computers, PDAs or other electronic devices with network functions. According to the cross-border payment system described in item 1 of the scope of patent application, the business unit may be a public or private unit or organization that provides goods, labor or services and charges users. According to the cross-border payment system described in item 1 of the scope of patent application, domestic financial institutions can be public or private units or organizations permitted by domestic laws and regulations of banks and insurance companies. According to the cross-border payment system described in item 1 of the scope of patent application, the overseas collection agency can be a bank, a third-party payment company, or other public or private units or organizations permitted by local regulations. According to the cross-border payment system described in item 1 of the scope of patent application, the overseas financial institution can be a bank, an insurance company, or other private units or organizations permitted by local regulations.

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