Introduction
With the Entry Code Payment product, users can scan the entry code generated by the merchant and enter the payment amount to complete the payment. Merchants do not need to apply an updated QR code or purchase any equipment for collecting payment if they join the Antom network. Besides, the payment page can be customized by the merchant to offer a better and localized payment experience.
Benefits
Entry Code Payment product provides following benefits to partners:
- One-point access, global income: Supports the merchant to accept global payments and obtain global customers, which leads to an increase of transactions and revenue.
- Low-cost integration: No additional integration costs needed when you add new wallet product to expand your business after integrating Antom the first time.
- Powerful risk management: Powerful risk control engine offered, managing the risks of buyers, merchants, and transactions and ensuring the security of funds.
- Best exchange rate: Competitive exchange rates provided, helping merchants to get more transactions.
- Multi-currency settlement: Multiple settlement currencies supported. Accept settlement with the currency of your choice.
- Comprehensive Merchant Service: Timely and comprehensive support and assistance to buyers and merchants around the world.
User experience
Entry Code Payment product provides a convenient and secure way to pay. Customers can complete the payment in just a few easy steps:
- The customer scans the entry code generated by the merchant.
- The customer enters the payment amount and confirms to pay.
- The customer gets the payment result.
Figure 1. User experience for Entry Code Payment
Product flow
The user scans the entry code and enters the payment amount to complete the payment. A payment request is initiated and sent to Antom. Antom processes the payment and returns the payment scheme to the request initiator. The request initiator triggers the cashier in the customer wallet to make the customer confirm the payment. Alipay+ Mobile Payment Provider (Alipay+ payment methods) receives the confirmed payment and presents the payment result page to the customer. Alipay+ payment methods also sends the payment status notification to Antom. After getting the payment result from Alipay+ payment methods, Antom sends the payment status notification to the merchant.
Figure 2. Product flow of Entry Code Payment
In the Antom Entry Code Payment product, the following four roles are involved:
- User: An individual or institution that uses the payment service. The user's funds are ultimately delivered to the merchant through the payment service provider.
- Merchant: A company or individual that trades on goods or services. The acquiring institution will settle the funds to the merchants on a regular basis.
- Antom: Antom merchant services, provided by Antom.
- Alipay+ Mobile Payment Partner: Alipay+ Mobile Payment Provider, an organization that processes payment services and other value-added services on behalf of the payer.
Three integration modes are provided for implementing the integration: integration by the merchant, integration by the system integrator, and integration by ISV. For more details, see Integration mode.
Product features
Use the Entry Code Payment when the following criteria are matched:
Features | Value |
Payment type | Offline payment |
Payment initiator | Customer |
User authorization provider | Alipay+ Mobile Payment Provider (Alipay+ payment methods) |
User authorization method | User authorization provided by Alipay+ payment methods |
Terminal type | No device requirement |
Entry code owner | Merchant |
Entry code issuer | Merchant |
Table 1. Service criteria
Terms and definitions
Key terms and corresponding definitions used in the Entry Code Payment product:
- Acquirer (ACQ): An institution that processes payments on behalf of Merchants.
- Code issuer: A party that complies with this standard. It usually has the ability to decode and obtain the business information associated with the code.
- In-store payment: The activity that a user goes to a merchant's place of business and conducts face-to-face payments with the merchant.
- QR code: Quick Response Code as defined in ISO/IEC 18004.