One
From March 1, 2022, personal collection codes cannot be used as operating collections!
First, personal collection bar codes must not be used for operational collections;
Second, personal static collection barcodes are prohibited in principle from being used for remote non-face-to-face collection;
The third is to formulate a classification management system for collection barcodes, effectively distinguishing the scenes and uses of collection barcodes by individuals and special merchants.
The central bank's regulation of the use of personal collection codes will make personal collection codes more standardized, and will also change the current status of use of personal collection codes.
For individuals with obvious characteristics of business activities, the bar code payment and collection service institution shall provide them with special merchant collection bar codes, and must not provide them with collection services related to business activities through personal collection bar codes.
This also means that whether it is a small and micro merchant or a local vendor, as long as there is a business behavior, the collection through the personal collection code will not work, will be subject to various restrictions, the reasonable practice is to upgrade the personal collection code to the merchant collection code.
Two
New regulations will be implemented from March 1st! Individuals depositing and withdrawing more than 50,000 yuan in cash need to register the source of funds
Three
A payment company was fined for re-involving in the "two clearances" and absorbing deposits from the public, and the zero-rate collapse
On the eve of the Spring Festival, "UMF" was punished and confiscated by the central bank for 6 illegal acts totaling more than 6 million yuan.
Recently, according to the China Trial Documents Network, the case of "UMF" being swept away by the "Erqing Company" due to the illegal release of payment channels by merchants has not been able to return the settlement payment in full.
【Illegal external channel to "Erqing Company"】
Four
Apple's mobile phone has become a POS machine
Recently, Apple announced that it will release a new inductive payment function for the iPhone, so that people only need to put their mobile phone close to the merchant's mobile phone to pay for purchases, this function also supports credit card payment.
Apple mobile phone POS use with UnionPay mobile phone POS, the current coverage of this service is limited to the United States, in the country, the domestic still lack of licenses, and the mainland payment license is not easy to obtain.
Five
Fast money payment was fined 10.04 million yuan
Fast Money Payment Clearing Information Co., Ltd. was fined RMB10.04 million for violating account management regulations, violating liquidation management regulations, failing to perform customer identification obligations in accordance with regulations, and trading with unidentified customers, and ordered to make corrections within a time limit.
Six
Seven payment institutions were disqualified from membership by the Clearing Association
A few days ago, the China Payment and Clearing Association issued an announcement to cancel the membership of 7 institutional units, of which Xiamen Yitong Card Operation Co., Ltd., Shanghai Convenient E-commerce Co., Ltd., Jin Jiang International Business Co., Ltd., shanghai Shenchengtong Commerce Co., Ltd. 4 are payment institutions that have cancelled their payment licenses, and Yingkou Coastal Bank Co., Ltd. and Liaoyang Bank Co., Ltd. are 2 banks.