Traditional Culture Encyclopedia - Hotel franchise - What do you mean by payment?

What do you mean by payment?

U payment is an electronic payment method and an online payment service launched by China UnionPay. It combines the advantages of mobile Internet and banking, and users can make transactions with U payment without swiping their cards or carrying cash. Using U-Pay payment method, users only need to register to spend money in shops and websites that support U-Pay, which is convenient and fast. U Pay can be used in various occasions, including offline stores and online e-commerce platforms, such as supermarkets, convenience stores, restaurants, clothing stores, hotels, airports and so on. For those users who often shop online, U-Pay is a very convenient payment method. You don't need to enter relatively troublesome credit card information, and you can confirm the safety of personal information and funds by registering a U-Pay account. The security of funds is very important for any payment method. U Pay adopts multi-layer encryption technology, which can effectively guarantee the safety of users' funds. At the same time, U Pay also provides a series of security measures, including information verification, SMS verification and password protection. All in order to make users feel more at ease when using U Pay.