Electronic check is an unconditional digital payment instruction sent by the customer to the payee. It can complete all the functions of traditional checks through the Internet or wireless access devices. E-check has many advantages, such as facilitating new online services; Simplifies the learning process of customers; Very suitable for large settlement; Can provide services for the enterprise market, etc.

1. What are the characteristics of electronic checks?

1. Electronic checks are based on traditional checks and are easy for customers to accept and use.

2.E-check well supports B2B and B2G e-commerce markets.

3. Electronic check adopts advanced technology to provide more reliable security and anti-fraud means than traditional check.

4. Electronic check breaks the boundary, maximizes the check operation cycle and reduces the funds in transit.

5. The automation and networking of electronic check business processes have saved a lot of manpower and material resources and greatly reduced the processing cost.

Second, how to use electronic checks

(1) The customer asks the merchant for a formal quotation and starts the online fee transaction;

(2) After receiving the quotation request, the merchant sets the price and returns the quotation;

(3) If the customer accepts the quotation, he should instruct his checkbook to send a purchase request to the merchant's cash register;

(4) After receiving the purchase request, the cash register takes out the goods from the merchant application and encrypts the goods with the key. After calculating the password checksum, send the result to the customer's checkbook;

(5) After receiving the encrypted information, the checkbook verifies the checksum, and then the checkbook sends back the signed electronic payment instruction to the merchant cash register.

(6) The cash register endorses the electronic payment order, and then sends it to the online bill server.

(7) After verifying the price, check amount, etc., the net bill server debits the customer's account with an appropriate amount. Meet the requirements. Netbill server records the transaction and saves a copy of the one-time key, and then sends the digital signature information containing the consent or rejection information to the merchant.

(8) The merchant responds to the Netbill server and sends the decryption key to the customer's checkbook if it agrees.

Legal basis:

Article 14 of the Electronic Commerce Law of the People's Republic of China * * * When selling goods or providing services, an e-commerce operator shall issue purchase vouchers or service documents such as paper invoices or electronic invoices according to law. Electronic invoices and paper invoices have the same legal effect.

Article 6 of the Negotiable Instruments Law of People's Republic of China (PRC), if a person without civil capacity or with limited civil capacity signs a bill, his signature is invalid, but it does not affect the validity of other signatures.