What is HeFuPal? HeFuPal Review

Hefubao is a domestic aggregate payment technology service provider, dedicated to providing enterprises with comprehensive solutions such as fund collection and payment, account management, fund compliance, and bank supervision, to achieve one-stop management of payment methods.

About Hefubao

Hefubao was founded in 2014 and focuses on solving the technical access problems of payment and collection for small and medium-sized enterprises. As an aggregated payment technology service provider, it has integrated mainstream domestic payment channels to achieve one-stop management of payment methods.

It has professional technical services and enjoys an efficient payment experience; due to its high technical level and strong innovation ability, it obtained the National High-tech Enterprise Certification in 2018.

The company has brought together a young and vigorous technical development team. The core team members have more than 10 years of industry development experience, focusing on the development of third-party payment system functions and aggregate payment system development. They continue to study, innovate and seek stability in technology. They pursue the ultimate in "service" with "heart". By joining hands with "Hefubao", you will enjoy the best service, the richest resources and the most worry-free experience.

Products and Services

1. Aggregate Payment

1. Introduction

Aggregate payment integrates multiple payment methods including online banking, quick payment, payment on behalf of others, collection on behalf of others, WeChat, Alipay (H5/WAP/official account/mini program), etc., to provide merchants with a more convenient and efficient payment experience.

2. Mainstream payment channels

WeChat, Alipay, JD.com, UnionPay Omni-channel, Baidu, and QQ Wallet.

3. Application scenarios

APP, mobile webpage, WeChat public account, PC webpage, QR code payment, smart POS, card payment, card payment

4. Mainstream payment products

B2C online banking payment, B2B corporate payment, collection on behalf of others, payment on behalf of others, online banking, bank quick payment, WeChat APP/main scan/scanned/official account/mini program payment, Alipay APP/main scan/scanned/window/H5 payment, UnionPay H5/Cloud QuickPass scan code/cardless payment/payment on behalf of others/B2B, QQ wallet.

2. Account splitting system

Easily manage transactions and accounts across the entire platform, and efficiently clear accounts for multi-level merchants.

1. Features

Efficient, flexible, convenient and fast.

2. Usage scenarios

Applicable to account management, settlement configuration, financial reconciliation, etc. of complex multi-level merchants.

3. Advantages

Compliance with regulatory requirements, flexible access, financial empowerment, efficient and flexible account splitting, reduced reconciliation dimensions, and multi-industry solutions.

4. Cooperation process

Confirm cooperation, qualification review, sign agreement, open account, system development and testing, and platform parameter configuration and launch.

3. Intelligent Clearing

Smart clearing products classify, manage in layers and calculate by item the funds in customer settlement accounts, so as to comprehensively and accurately grasp the payment of counterparties, the flow of funds in various branches and the collection of funds by dealers. A variety of detailed accounting ledgers are opened under a single account to record information such as income and expenditure details and deposit balances. The clearing sub-accounts do not participate in the internal accounting of the bank.

1. Product advantages

Sub-accounts can make external payments, support multiple channels, provide convenient inquiries, have flexible authority control, and can open and clear sub-accounts by themselves.

2. Scope of application

Enterprises, institutions and government agencies that do not have legal person status and have independent accounting needs;

For enterprises with many internal organizations, separate settlement and accounting are carried out to facilitate internal management;

There are many downstream buyers, and accurate matching is required to ensure fast delivery, while facilitating accounting and reconciliation for internal finance;

There are many non-independent legal entities under the company and they are widely distributed in different regions. The headquarters company acts as an agent for settlement and conducts real-name collection and payment.

Large markets or business districts that require secondary clearing of POS payments from individual stores.

4. Enterprise Payment

Merchants entrust banks to pay funds in their bank accounts to designated bank accounts. This product supports payments from large numbers of corporate and personal accounts. It can greatly save the financial costs of enterprises and improve business processing efficiency. It provides enterprises with a safe, fast and reliable payment experience. amz123

1. Product Features

Usage: It supports merchants to log in to the backend and can also be managed on their own platform through the API interface.

Payment method: The merchant backend or API supports single payment or batch payment, and merchants can use it as needed.

Payment compounding: batch payment review function to avoid remittance errors and improve the security of fund withdrawal.

Detailed query: Provides functions such as payment order query, account detail query and statement acquisition.

Supported banks: Support all domestic banks with UnionPay logo.

Supported account types: debit card, corporate account.

Transaction limit: The single transaction limit is divided into two ranges, 0.01-50,000 yuan/more than 50,000 yuan.

2. Advantages

High success rate: The payment success rate is as high as 99%

Real-time arrival: timely and fast arrival

Various forms: support single payment and batch payment

Real-time feedback: support real-time feedback of payment results

Limit advantage: large limit withdrawal, reducing fund transfer costs

Rich channels: Rich bank/third-party payment channels

3. Cooperation process

Negotiation of cooperation intention, review of electronic materials, test connection, issuance of formal parameters, and project launch.

V. Fund Supervision

The fund flow process requires multiple step-by-step reviews by banks and customers before the payment can be completed in the fund supervision scenario. We provide four supervision modes: information service, bank supervision, third-party supervision, and bank supervision + third-party supervision; multiple customer service channels; and a set of in-house service processes to provide customers with a variety of fund supervision solutions.

1. Business Process

2. Product highlights

Blockchain (private chain) technology can be deployed, which is more secure, private, trustworthy and has faster transaction speed;

Online and offline channels are compatible, ensuring the safety of transaction funds while improving the timeliness of fund circulation and enhancing customer experience;

Organic integration of bank supervision and customer supervision: multiple supervision modes are integrated into a set of supervision service systems that are compatible with multiple service scenarios; amz123

One-to-many account project system, customers can set up ledger management and separate accounting under the supervision account according to their own needs such as fund purpose and fund nature, without having to open a separate account for each project;

We adapt to the financial needs of emerging mobile and platform-based industries, take into account the needs of traditional industry customers, and truly meet the diverse needs of customers from the customer's perspective.

3. Cooperation process

6. Payment System

1. Aggregate payment system

Aggregate the payment capabilities of multiple banks and third-party payment platforms, provide multi-channel payment methods, simplify merchants' payment docking, and unify management; system functions include application management, merchant management, bank management, settlement management, transaction management, account management, system management, bank-enterprise direct connection, agent management, mobile payment and other functions.

2. Third-party payment system

The payment clearing and settlement system developed for the Internet third-party payment platform is safe, convenient, and fully functional. The product is positioned in various payment scenarios such as B2C and B2B. The product backend can flexibly connect to multiple banks and third-party payment companies, and the frontend supports a multi-level merchant system. The payment gateway supports multiple payment methods such as account payment, quick payment, online banking payment, credit payment, QR code payment, and agency transfer.

3. Usage scenarios

E-commerce, ticketing, retail, gaming

4. Product advantages

Easy access, powerful functions, safe and stable.

4. Cooperation process

Solution

1. Education Industry

Help training institutions efficiently connect with bank funds custody, quickly enhance brand credibility, establish a fund security image, enhance customer confidence, and achieve rapid customer growth

Advantages:

1. Improved information integration and greatly improved work efficiency

2. Various payment methods to satisfy customers to the greatest extent

3. Professional service and quality assurance

4. Unified interface, reduced maintenance costs, improved scalability

5. System stability and fund security

2. E-commerce industry

Hefubao has created a complete set of enterprise fund management solutions for various e-commerce platforms, which can help enterprises solve fund custody, payment, second clearing, taxation, balance appreciation, investment and financing problems in one stop.

3. Retail Industry

Hefubao has created a complete set of enterprise fund management solutions for various offline supermarkets, which can help enterprises solve various problems in one stop.

Advantages: unified management, member account management, intelligent growth, low cost, easy access

4. Medical beauty industry

Having a complete set of solutions and one-stop services can help companies solve any problems in the medical industry

5. Logistics Industry

Based on bank accounts, we build a complete trading fund total and branch account system for logistics platforms and enterprises. By providing SAAS services, we centrally collect and manage the funds of enterprises through bank channels, and provide payment, account opening, fund management, tax compliance, reconciliation and settlement, revenue increase, finance and other services to logistics platforms and enterprises on the platform.

Advantages

Meet the needs of various payment methods

Improve financial reconciliation efficiency and simplify workload

Speed ​​up capital turnover and receive payment in real time

Facilitates the management of branch offices

Corporate Culture

Responsibility is a distinctive feature of Hefubao. "Responsibility guarantees performance." For enterprises, a good way to improve team performance is to enhance employees' sense of responsibility.

Rigorousness is the attitude of Hefubao. "Sincerity is glass, prudence is diamond." For an enterprise, only rigorousness and pragmatism can achieve excellence.

Innovation is the driving force of Hefubao. "The way is to be renewed day by day, and the art must also be renewed day by day. The new is the vitality, and the lack of new is death." For enterprises, innovation is the source of the driving force for survival and development.

Surpassing is the purpose of Hefubao. "If you want to see farther, you must climb to a higher level." For enterprises, striving to surpass and pursue excellence is the source of the enterprise's spirit.

Frequently asked questions

Where are the test parameters?

The test DEMO contains test parameters.

Where are the request addresses for the test environment and the formal environment?

For details, please refer to the product interface documentation - Test and production environment description

Where can I download the official environment merchant key certificate?

Please go to the official website of Hefubao merchant backend to download it yourself.

Why does the message "Authorization code error" appear when applying for a certificate on the website?

To ensure payment security, the merchant number used to generate the certificate must be consistent with the merchant number in the account opening email;

How to use the certificate

Merchant: Replace the test certificate and certificate key, merchant number, etc. in the test DEMO

What should I do if the certificate cannot be downloaded?

For detailed operation procedures, please refer to the certificate generation process. You need to use (Google Chrome)

How to operate the public and private keys of the test environment?

The test environment demo contains public and private keys and does not require any processing;

Unable to load local private bank or read private key exception

The private key password is incorrect, the path of the public and private keys is incorrect, or the public and private keys are not downloaded;

Request prompt "Signature verification failed"

1) Check whether the request parameters are sorted by ASCII string.

2) Confirm that there is no special character "+" in the parameter values ​​other than the encryption parameter.

3) Confirm that the parameter does not send a null string

Test environment:

1) Confirm whether the merchant ID and certificate key are test merchant ID and certificate key

2) Confirm whether the request address is the test environment request address

Formal environment:

1) Confirm whether the merchant number and certificate key are official merchant number and certificate key

2) Confirm whether the request address is the official environment request address

Encrypted sensitive data exception

1) Confirm that there is no special character "+" in the parameter values ​​other than the encryption parameter.

2) Confirm that the parameter does not send a null string

Test environment:

1) Confirm whether the merchant ID and certificate key are test merchant ID and certificate key

2) Confirm whether the request address is the test environment request address

3) Confirm whether the sensitive information that needs to be encrypted described in the interface document has been encrypted

Formal environment:

1) Confirm whether the merchant number and certificate key are official merchant number and certificate key

2) Confirm whether the request address is the official environment request address

3) Confirm whether the sensitive information that needs to be encrypted described in the interface document has been encrypted

The transaction returns "Order verification failed"

1) Check whether the order number is repeated;

2) Confirm whether the transaction amount is an integer (the amount unit is cents);

How to confirm that the test passed

After the test environment test is passed, the test merchant order number will be issued in the technical docking group. Hefubao confirms that the test transaction is successful. After the success is notified, the operation will issue the merchant number;

Payment address not registered

The address before the formal payment jump to Hefubao must be the domain name and IP registered in the agreement. If you need to change it, please contact Hefubao operation;

No bank available

Confirm whether all parameters are uploaded as described in the interface document (pay special attention to the channel number and version number). If uploaded, please contact the operation department to confirm whether it is an authorized channel, whether the channel supports the bank, and whether the channel has been deactivated.

Why is there no bank list displayed at the cashier?

1) The Hefubao cashier will only display the bank list if it needs to be connected to the Hefubao PC gateway;

2) If the merchant has its own cashier bank list, there is no need to connect to the UnionPay cashier;

3) If the merchant only connects to UnionPay PC and UnionPay H5, there is no need to connect to UnionPay cashier;

Why does an error occur when accessing Gateway WAP/UnionPay H5 on a PC?

Gateway WAP/UnionPay H5 can only be used on mobile phones;

Why are orders placed/cancelled?

Please paste the merchant order number in the docking group and contact the operation to confirm the order status. The operation will confirm the order processing result to the upstream channel. After the upstream channel completes the processing, the system will synchronize the order status;