Personal collection code 3. 1 Can it be used in the future?

After March 1, the personal collection code can still be used, but the personal business collection code is added, which does not affect the normal use of the personal collection code. China Payment and Clearing Association issued a notice on optimizing the bar code payment service, announcing that the existing "personal receipt code" will not be closed or continued to be used, and a new "personal business receipt code" will provide the same service and experience, and enjoy more efficient transaction reconciliation and other services. Moreover, Alipay and WeChat also announced that after March 2022 1, the personal receiving code can continue to be used.

Definition:

According to Article 2 of the Code of Barcode Payment Business (Trial) issued by the People's Bank of China, bar code payment refers to the business activities of banking financial institutions (hereinafter referred to as banks) and non-bank payment institutions (hereinafter referred to as payment institutions) to realize the transfer of monetary funds between payees by using bar code technology;

History:

According to the earliest discovered data, in August 20 13, China CITIC Bank Shishi Sub-branch signed a cooperation agreement with Shishi Siwei Trading Co., Ltd. to successfully develop the first special merchant of QR code payment business in Shishi, opening up a new mobile payment model in Shishi area;

Social impact:

After the collection code is online, users who need to collect money frequently can click "Free Collection Code Sticker" if they want to carry it with them or stick it at a fixed place, and Alipay can mail the sticker home.

After applying for the Alipay "Receipt Code" sticker, you can accept the consumer's transfer, and all the money is free when you withdraw it to the bank card. You can see the running water and reconciliation management with one click.

On March 30th, in order to further reduce the cost of small and medium-sized merchants, Alipay Open Platform officially announced today that the free cash withdrawal service of cash withdrawal code will be extended for another three years, until March 3rd, 20241,and there is no single limit or single-day limit for free cash withdrawal.

Monitoring system:

Article 7 Banks and payment institutions shall consciously abide by business ethics, and shall not denigrate the business reputation of other market entities in any form, or crowd out competitors by means of unfair competition, so as to harm the interests of other market entities and undermine the fair competition order in the market.

Acquisition outsourcing:

According to Article 30 of the Code for Bar Code Payment (Trial), banks and payment institutions should carefully select outsourcing service organizations, strictly regulate business cooperation with outsourcing service organizations and strengthen risk management responsibility of outsourcing business of acquiring bank cards in accordance with the relevant requirements of the Notice of the People's Bank of China on Strengthening the Outsourcing Management of Bank Cards (Yinfa [2065 438+05] 199).