The personal business receipt code is here!
At the entrance of a supermarket in Beijing, resident Grandma Yang scanned the merchant's QR code with her mobile phone and bought a bunch of candied haws for her little granddaughter.
In the photo studio next door, with a click, the female college student took a photo of her ID and completed the payment by scanning the QR code printed by the merchant.
In recent years, personal collection barcodes have been widely used, effectively meeting the personalized and diversified payment needs of the public, and improving the efficiency of fund collection and payment in the small and micro economy and the stall economy.
But at the same time, there are also some hidden risks in personal collection barcodes.
On February 22, the China Payment and Clearing Association, WeChat Pay, and Alipay issued announcements respectively, taking a series of measures to optimize barcode payment. Among them, the newly established "personal business receipt code" has attracted widespread attention.
Free choice, unchanged experience
In order to give better play to the inclusiveness and convenience of the receipt barcode, in October last year, the People's Bank of China issued the "Notice of the People's Bank of China on Strengthening the Management of Payment Acceptance Terminals and Related Businesses" (hereinafter referred to as the "Notice").
The "Notice" proposes to refer to the management of special merchants for personal collection barcode users with obvious business characteristics, and requires such individual users to provide merchant collection barcodes to improve the quality of receipt services for individual operators.
In principle, personal static collection barcodes are prohibited from being used for remote non-face-to-face collections. It is indeed necessary to implement whitelist management to prevent personal static collection barcodes from being sold, rented, or lent to build online recharge channels for gambling activities.
The "Notice" is scheduled to take effect on March 1 this year.
In accordance with the relevant regulations of the People's Bank of China, the Payment Association has put forward suggestions for industry self-discipline, and set up a "personal business collection code". WeChat Pay and Alipay will provide personal collection code upgrade invitation services from March 1.
What kind of merchants need to change from personal collection code to personal business collection code?
The China Payment and Clearing Association stated that it encourages and guides users "with obvious business activity characteristics" to use personal business collection codes, but it is by no means mandatory "one size fits all", and most users are not affected, especially sporadic sales of their own products Users of seasonal agricultural and sideline products or their own handmade small commodities, township residents, urban street vendors and other users are basically not affected.
Users can freely choose to use the new personal business collection code, and the original personal collection code can still be used.
The China Payment and Clearing Association announcement clearly stated that users who use the "personal business collection code" will not reduce the service and experience, and the code assignment process is free, and they can enjoy more efficient transaction reconciliation and other services.
At the same time, the current "personal payment code" will not be closed or disabled, and its functions will remain unchanged.
According to expert analysis, the new "personal business collection code" reflects the hierarchical optimization of collection services.
This time, the personal business collection code is reset between the personal collection code and the merchant collection code, which reflects the characteristics of further layered optimization of collection services, and provides more precise supervision measures for different specific entities.
Does not affect user costs, more value-added services
"Will the procedures be troublesome?" "Is there a charge for withdrawals?"... Many people have similar questions about the newly established "personal business collection code".
Using a personal business receipt code does not increase user costs.
According to the relevant person in charge of the payment association, the actual situation of mobile vendors and other customers is fully considered, and for small and micro merchants and individual operators who apply for personal business collection codes, according to the principle of "low is not high", refer to the personal collection code standard. , reduce business financial costs.
The WeChat payment announcement stated that users can receive material code tags for free.
Alipay said that the upgrade process is completely free, and the original rights such as free money collection and free cash withdrawal will continue to be enjoyed, and will also enjoy higher rights and interests such as the “dare to receive and dare to pay” protection limit.
The procedures for applying for a personal business receipt code are simplified.
According to the relevant person in charge of the payment association, the payment institution will simplify the submitted materials according to the principle of least and necessary, and submit them mainly through online means.
Some individual merchants only need to provide personal information, store avatar or booth photos.
What are the benefits of using a personal business receipt code?
The payment association said that, on the one hand, personal business collection codes can accept credit card payments, and can also obtain value-added services such as account management, transaction reconciliation, and specific marketing.
On the other hand, the personal business receipt code can also better realize the prevention and control of transaction risks and more effectively ensure the safety of user funds.
Overall, for consumers, the payment experience will not change, and QR code collection can still meet daily payment needs.
For merchants, if you don't want to upgrade, you can continue to use your personal collection code; if you upgrade to a "personal business collection code", you can get more value-added services.
Prevent risks and prudently implement whitelist management
The payment acceptance terminal involves the reading and collection of payment information and the generation of payment instructions. Its security and compliance are of great significance to ensuring the security of payment information and funds.
The relevant person in charge of the People's Bank of China said that there are some hidden risks in the personal collection barcode.
For example, some institutions use the personal collection barcode transfer business to handle a large number of production, operation, and daily consumption transactions, which not only confuses the nature of the transaction, leads to distortion of transaction information, affects the effect of risk monitoring, and is not conducive to the use of payment services to add value to business activities.
There are also some criminals who use the "running points platform" to attract a large number of people to use personal static collection barcodes and gamblers to "point-to-point" online remote transfer of gambling funds with high income as a bait, which affects the gambling-related "fund chain" traceability mechanism. Effective.
The "Notice" proposes to refer to the relevant requirements for the implementation of personal static collection barcodes for personal dynamic collection barcodes saved through screenshots, downloads, etc., to prevent criminals from evading policy requirements with personal dynamic collection barcodes.
Some people worry that some reasonable remote collection needs will be affected?
The person in charge of the Payment Association said that Alipay and WeChat Pay can implement whitelist management for users with legitimate and reasonable needs, and support the function of remote collection.
At the same time, the "Notice" proposes to prudently determine the access conditions and scale of the whitelist of personal static receipt barcodes, the validity period of personal static receipt barcodes, the number of uses and transaction limits to prevent the risk of whitelist abuse.
In addition, some users recently reported that some people committed fraud in the name of "upgrade of personal collection code" and "replacement of code card".
The payment association announcement reminds member units to unblock channels, strengthen communication and explanation with users, and avoid criminals taking the opportunity to defraud.
Alipay and WeChat Pay also remind users to beware of fraud if any relevant person comes to promote it.
Xu Peiyu