.6. The minimum information flow and capital flow illustrate: The user deposits yuan on the payment platform, and the payment platform initiates a deduction request to the bank. These instruction operations belong to information interaction and information flow. Real flow of funds: changes in bank account balances. For example: the bank internally reduces the user’s balance by RMB and adds RMB to the payment platform’s reserve account. Virtual flow of funds: changes in account balances within the payment platform. For example: the payment platform internally adds RMB to the bank’s receivables account and adds RMB to the user’s account.
Why are there real capital flows and virtual capital flows? Because australia email list the place where we can actually get money is the bank. What we see in the payment system is just a number. . payment process, the merchant entrusts the acquirer (payment platform) to recover the user’s money, and then settles the money to the merchant. The following takes a typical card payment through external channels as an example. illustrate: The user’s money will eventually go to the receiving merchant’s bank account.
In real situations, the money paid by users will be divided into multiple parts, including fees collected by the channel, handling fees collected by the payment platform, taxes, marketing profit sharing, merchant settlement fees, etc. Channel fees can be further divided into bank card issuing fees, acquiring bank fees,clearing agency fees, etc. Interbank transfers generally need to go through a clearing agency, which is not shown here for simplicity. The flow of funds within the payment platform is given in a detailed version. .8 Simplified cross-border acquisition agreement illustrates: This is just an agreement for cross-border order acceptance, and there are many forms in real scenarios.