Patent ID: 8825532

Claim:
A payment system using a mobile telephone network for charging and settlement, wherein said payment system comprises an international payment and settlement center, a mobile telephone network, a merchant's Point-of-Sale machine, a user's cell phone, wherein the international payment and settlement center is in communication connection to the mobile telephone network, and the international payment and settlement center includes the payment account of each user and the receipts account of each merchant, the user's cell phone is associated with the user's payment account, and the user's cell phone accesses the mobile telephone network, the merchant's Point-of-Sale machine is associated with the receipts account of the merchant, the merchant's Point-of-Sale machine accesses the mobile telephone network; when the user makes a payment on the merchant's Point-of-Sale machine, the international payment and settlement center generates an one-off payment code according to the amount of payment, which is transmitted to the user's cell phone over the mobile telephone network, and the user's cell phone transmits said payment code to the merchant's Point-of-Sale machine, then the Point-of-Sale machine sends a transaction message including the amount of payment and said payment code to the international payment and settlement center over the mobile telephone network to request authorization to said transaction, and the international payment and settlement center authorizes said transaction after checking the correctness of said payment code and amount of payment, and then returns the result of authorization to the Point-of-Sale machine, and the international payment and settlement center, after authorizing said transaction, collects the money of said transaction from the payment account of the user, and pays the money that should be charged by the merchant to the receipts account of the merchant after deducting the commission and handling charges.