Abstract: Disclosed is a data transfer apparatus and method using color identification and coding, and an intelligent payment apparatus and method using the same. The intelligent payment apparatus using color recognition and coding, comprising a portable device and a receiving device, a first central processing unit and a chromatic display module being disposed in the portable device, and a color sensor, a color-to-code converter, a second central processing unit, and a multi-functional interface are disposed in the receiving device, wherein a signal output terminal of the first central processing unit is connected to the chromatic display module, the color sensor in the receiving device being capable of detecting colors displayed on the chromatic display module, a signal output terminal of the color sensor is connected to a signal input terminal of the color code converter, and a signal output terminal of the color code converter is connected to a signal input terminal of the second central processing unit.