Download - ipai online pos solutions
Customer Requirement Analysis
Registration
Login iPai website to register as members to the auction.
Deposit
Online payment security deposit RMB 500 to participate in auction.
Auction
Selection of goods completed auctions
Payment
Online payment successful auction item.
>Ok to charge any amount of deposit depending on the auction
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CIL Solution
Transaction Flow
iPai Issuer Payment Channel
CIL GateWay
Cardholder
Customer Requirement Analysis
Deposit Payment
Auction Payment
Need to ask Gordon if we could:1. Add a “pay deposit” option to the sign-in pop up page to link online customers to the CardInfoLink payment page (generated by CardInfo).2. When customers finish paying, a unique code can be generated. Will our system then be able to accept this unique code before allowing customers to bid (if not a bidding code then how about a unique bidding number?) What range of numbers should CardInfo use for generating the code?3. Before bidding, customers should click on “enter your deposit code here, or bidding number here” option.4. On the bidding page, add a deposit explanation “you must pay a deposit in order to start bidding, click here to start the process, if you are unsuccessful then the full amount will be refunded back to your account within xx business days. If you are successful then you will only be charged the remainder of the balance….”. There needs to be a link to the Cardinfo payment page.
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CIL Solution
Deposit Payment, Solution 1 or Solution 2?
Deposit withholding
Solution 1:
Pre-authorization
(only for Credit Card)
Pre-authorization Cancellation
Deduction of auction
Solution 2:
Purchase
(both Credit and Debit Card)
Refund
Date/Time Bidder name ID Card number Order Number
Will be immediately returned to the cardholder
CIL will initiate the refund in bulk file mode and the money will be returned within about a week to the cardholder
Solut ion 1: Cardholder ’ s account is only blocked while not sett led
Solut ion 2: Cardholder ’ s account is deducted and sett led
Solution 1 is not viable after speaking to the tech people at
CardInfo
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CIL Solution
Auction Payment
CIL supports
Online Bank
3rd Party
Payment on Delivery
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CIL Solution
POS
Online Payment
CI L
Live Auction
Online Auction
UnionPay
All in Pay
Alipay
Acquiring System
Banks
Other Channels
iPai
( 1) Syst em Fr amewor k
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CIL Solution
( 2) Suppor t ed Tr ansact i ons
Com ply w it h CUP and Card Schem e Regulat ion
Pur chase
Cancel l at i on
Pr e- aut h
Pr e- aut h Cancel l at i on
Pr e- aut h Compl et i on
Ref und
Rever sal
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CIL Solution
( 3) Set t l ement Pr ocessi ng
CIL system
Acquirer
Finance
Card
Scheme iPai
Sett lement
files
Sett lement
Fund
Settlement
files
reports
fund
Note:
Deposit Payment: Fund will not be sett led to iPai for pre-authorization deposit in solut ion 1
Refund: Return will be done for all those based on the list from iPai either through pre-auth
cancellat ion(solut ion 1) or refund(solut ion 2)
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CIL Solution
( 5) Advant ages
CUP and PBOC cert ified payment system
AT& T cert ified IDC
Cisco and IBM provides hardware and software
Triple DES encrypt ion
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CIL Solution
( 6) St eps
IPai decides which solut ion for deposit payment, solut ion 1 or solut ion 2.
CIL sends forms to iPai to sign and some documents which are required by
payment channel
CIL gets the merchant ID for iPai
System preparat ion and test
Business launch
1. For Gordon to get back to us ASAP! (This wk ending in 2 Nov)
1. Kurt to process CIL agreement
1. For CIL to start processing our request and set up the system… (3 weeks)
2. Target launch deadline (28 Nov)
James Zhao
President & CEO, an executive with 18 years experience in the payment and
information system industry ( 4 years with REUTERS, 6+years with
MasterCard, and 8 years with UnionPay). He has professional understanding
on the industry, product, system/Network and operation/service, and good
relationship with card scheme, banks and service providers in the industry.
Victor Ye
Executive Vice President, a professional supervisor in rich of marketing and
operation experience through his 10+ years with UnionPay. Before joined in
CardInfoLink, he was the chief representative of Middle East and Africa.
Jerry Zhu
Executive Vice President, a vibrant and professional supervisor in card
industry with extensive and solid experience through his 8 years with
UnionPay International. He has full experience for acceptance, risk
management, operation/Service, and established good relationship with
market
Hyman Zhu
Executive Vice President, a typical technical and operation supervisor in card
industry with professional experience through his 8 years with UnionPay
International. He has better understanding on system/network management,
data security management, card scheme interface specification and industry
certification.
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