SSE News (Reporter Yan Jian) The reporter learned from the China UnionPay personnel that under the unified guidance of the People's Bank of China, China UnionPay has undertaken some of the 2019 Spring Festival guarantee tasks such as the WeChat WeChat red envelope and Baidu red envelope. On New Year's Eve, China UnionPay handled cross-bank payment and liquidation of 261.7 billion yuan, a year-on-year increase of 81.3%.
During the Spring Festival, cross-bank payment and liquidation not only has a large amount of concurrency, but more importantly, it involves a wide population and covers many scenes. Domestic traffic, catering, department stores, Chinese New Year red envelopes, video social media, as well as currency conversion, cross-border withdrawals and remittances in cross-border business areas all impose strict requirements on cross-bank payment settlement.
It is understood that under the guidance of the People's Bank of China, China UnionPay has joined hands with commercial banks and payment institutions to establish a comprehensive inter-bank payment clearing guarantee mechanism covering domestic and overseas offline consumption, transfer, inter-bank withdrawal, collection and payment, and client fund settlement. Various business scenarios.
According to China UnionPay, on the New Year's Eve of 2019, the success rate of the UnionPay network system reached 100%, and the average transaction response time was only 220 milliseconds. The payment clearing guarantee capability was further tested by the market.
According to the above-mentioned person, in order to comprehensively enhance the payment experience of the majority of users, China UnionPay overcomes the difficulties of tight time, heavy tasks and high technical requirements, and cooperates with commercial banks and payment institutions to carry out preparations for the protection during the Spring Festival.
First, it will unite various commercial banks and payment institutions to comprehensively improve network and system capacity, conduct pressure testing of production system network links, and optimize various technical indicators; second, joint key commercial banks, as well as Tenpay, Baifubao, and Public payment and other institutions, such as the Spring Festival red envelope special guarantee work, deployment of online, clearing, financial and other lines to carry out on-site monitoring, and establish a one-to-one online real-time communication and response decision-making mechanism with key commercial banks and payment institutions, fully realized The smooth operation of the Spring Festival red envelope business; the third is to organize the UnionPay global payment network to jointly carry out the Spring Festival protection work, providing convenient and efficient payment services for Chinese and international friends at home and abroad.
The above-mentioned person said that in the follow-up, China UnionPay will continue to work with all walks of life to take the payment experience of the majority of users as the first goal, and build a safe, stable and convenient global payment network.