China News Service, March 1 (Xinhua) Zhang Qingsong, deputy governor of the People's Bank of China, introduced on the 1st that the People's Bank of China will guide major payment institutions such as Alipay and Fortune Express to increase the single transaction limit for foreigners using mobile payments from US$1,000 to US$1,000. The annual cumulative transaction limit of US$5,000 is increased from US$10,000 to US$50,000.
The State Council Information Office held a regular briefing on State Council policies on March 1. Zhang Qingsong, Vice Governor of the People's Bank of China, and relevant responsible persons from the National Development and Reform Commission, the Ministry of Transport, the Ministry of Commerce, the Ministry of Culture and Tourism, and the State Administration of Foreign Exchange introduced the further optimization of payment The service improves payment convenience and answered questions from reporters.
Zhang Qingsong said that foreign friends who come to China for tourism, visits, business and other activities encounter difficulties in mobile payment, and the People's Bank of China has taken note of this reflection.
After careful investigation and analysis, the problem can be summarized as follows: "cannot be used". Some foreign friends cannot bind overseas bank cards.
"It's not easy to use". Some foreign friends feel that it's not easy to use because their consumption exceeds a certain amount and they can't pay their bills.
If you encounter too many problems and make payment inconvenient, you will naturally "don't want to use it", so it's a question of "can't use it", "it's not easy to use" and "don't want to use it".
Zhang Qingsong pointed out that in response to these problems, the People's Bank of China will guide payment institutions to launch a series of convenient measures to make mobile payment products, the most accepted payment method for Chinese people, easy to use and usable, and foreign friends will be satisfied and happy to use them.
First, in view of the low success rate of people coming to China to use Alipay and WeChat to bind overseas bank cards, Alipay and Tenpay are required and guided to optimize their business processes and improve the efficiency of card binding.
The second is to simplify the identity verification arrangements to make it easier for foreigners coming to China to handle a series of processes such as card binding.
The People's Bank of China is also very concerned about the issue of personal information protection. The People's Bank of China will strictly require relevant institutions to implement the "Personal Information Protection Law" and other regulations to effectively protect the security of personal information.
The third is to guide major payment institutions such as Alipay and Caitongtong to increase the single transaction limit for foreigners using mobile payment from US$1,000 to US$5,000, and increase the annual cumulative transaction limit from US$10,000 to US$50,000. I believe that through these three With very specific and targeted measures, overseas personnel coming to China will continue to improve their service satisfaction and sense of gain in aspects such as card binding and "outsourcing for internal use".
Zhang Qingsong emphasized that the People's Bank of China always attaches equal importance to development and security. In the process of promoting payment service improvement and market development, it pays attention to risk prevention and control to achieve a dynamic balance between the two.
On the one hand, payment institutions, especially leading payment institutions, are supported to implement differentiated risk prevention and control strategies for different transactions based on their own business realities; on the other hand, payment institutions are urged to strengthen transaction monitoring and risk assessment, and make decisions based on the assessment results. Take targeted risk control measures.