Embedded renewing device based on linkage of radio frequency identification card and intelligent mobile phone and method thereof

The invention discloses an embedded renewing device based on the linkage of a radio frequency identification card and an intelligent mobile phone and a method thereof. The embedded renewing device is a device for carrying out execution, confirmation, payment and remote renewing on a service terminal. The device is characterized in that all embedded firmware module units are controlled, operated, supervised and managed in real time, the first-time payment financial card, the renewing financial card, the renewing financial device, the renewing mobile phone number and the e-mail account of a consumer are managed and stored, a fee deduction rule is recorded and processed, fee deduction is confirmed after a blacklist is inquired, communication linkage is established for the mobile phone of the consumer, and a renewing trading instruction is emitted in real time to carry out remote renewing payment. Finally, the terminal and an embedded encryption secret key are used for carrying out the mutual verification and encryption operation of a trading record, a real-time trading record comprehensive backup is made, and a whole set of record backup is uploaded to a central payment operation control platform to be checked and audited to be cleared up with a clearing institution.