ipai online pos solutions

Integrated Payment Solution for iPai

Prepared by: CI L

Date: 19th, Sep

Content

1 Customer Requirement Analysis

2 CIL Solution

CIL Introduction 3

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

Confidential & Proprietary 6

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.

Content

1 Customer Requirement Analysis

2 CI L Solution

CI L Introduction 3


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


CIL Solution

Auction Payment

CIL supports

Online Bank

3rd Party

Payment on Delivery


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


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


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)


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


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)

Appendix (Company Introduction & Background)

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.

管理团队

Par t ner s

合作伙伴

Technology

ipai online pos solutions