A Protocol Design of Electronic Payment Based on CNAPS

This paper puts forward a design of electronic payment standard based on CNAPS (China National Advanced Payment System). From the perspective of standardizing the electronic payment remittance and improving the security, this standard solves the problem that online payment of B2B e-commerce has low realization rate in China. This paper describes the design of electronic payment mechanisms with CNAPS as a platform; introduces the Universal Payment Identification Code UPIC in this mechanism; focus on a unified standard CNFN STP 820 for electronic payment remittance and analyzes its advantage.