With the continuous development of the mobile Internet, mobile payment has gradually entered the lives of the public. We can say that there are very few people who use cash consumption today, and even if they occasionally encounter it, it is also the majority of middle-aged and elderly groups. As long as you want to buy something, you can open your mobile phone, scan the code to pay through WeChat and Alipay, and you don't need to carry cash with you at any time as before.
According to data compiled by the China Business Industry Research Institute, as of 2020, the number of people using mobile payment on the mainland will reach 854 million, accounting for 86.4% of the total internet users. As of June 2021, the number of people using mobile payment in the mainland reached 872 million, an increase of 17.87 million over December 2020, accounting for 86.3% of the total internet users. It is not difficult to see from the data that the scale of mobile payment users in the mainland is increasing year by year.
At the same time, as of 2020, among the commonly used mobile payment platforms in mainland China, Alipay, WeChat Pay and Cloud Flash Pay occupy the top three. Among them, the use ratio of Alipay was 91.0%, the proportion of WeChat Pay was 92.7%, and the proportion of UnionPay Cloud FlashPay was 74.9%. From the data, it can be known that the proportion of citizens using WeChat Pay is the highest, and the proportion of UnionPay cloud flash payment is the lowest.
In fact, this situation will occur, mainly because people use WeChat more frequently, so many people will choose to use WeChat Pay. The emergence of mobile payment not only provides convenience for people, but also the people are accustomed to this payment method. According to relevant news, from March 1, Alipay and WeChat Pay will usher in new adjustments. So, what kind of adjustments have been made?
Why adjust
According to the new regulations released on the official website of the central bank, "personal collection codes are banned from operational services from March 1, 2022". What does this sentence mean? Can't we scan the code to consume in the future? Not really. As long as you read the policy content carefully, you can know that the new regulations refer to the fact that whether it is a large merchant or a small and micro merchant, as long as it carries out operational services, it cannot use a personal collection code, but a unified use of commercial collection code.
Why such an adjustment? In fact, there is a reason for this. As we said earlier, the emergence of mobile payment has provided convenience for people, but it has also brought opportunities for criminals. For example, criminals use the sub-platform, and then legalize the stolen money by renting other people's collection codes. In order to put an end to this criminal act, the central bank has made adjustments to Alipay and WeChat Pay.
How to make adjustments
So, how does the new regulations adjust Alipay and WeChat Pay? As mentioned earlier, the new rules clearly state that personal collection codes cannot be used for commercial collections. Therefore, in fact, it is not an adjustment to the payment methods of WeChat and Alipay, but the personal collection code cannot be operated commercially. In general, it has little impact on consumers and adds an identity verification process for merchants.
The so-called identity verification procedure actually refers to the face-to-face identity verification that needs to be carried out during the existence of the special merchant business, if these merchants need to carry out various commercial transactions. This will mean that merchants will not only have to verify their identity through intelligent customer service, online platforms or video calls, but also provide relevant information according to the requirements of the other party, such as collection barcodes and so on.
However, compared with those small merchants, the identity verification process of large merchants can be said to be relatively simple. We all know that the withdrawal fee of commercial collection code is higher than that of personal collection code, so in order to reduce costs, many small merchants choose to use personal collection code. According to the new rules, if you want to continue to operate stores, from March 1, small merchants will have to replace their personal collection codes with commercial collection codes.
What is the impact of the adjustment
Once Alipay and WeChat Pay make the above adjustments, then in the future, it will naturally cause inconvenience to people. However, from a good point of view, the new regulations can better protect the rights and interests of consumers. Why? Because doing so can effectively prevent criminals from taking advantage of loopholes to steal personal information, thus posing a threat to the safety of people's property.
In general, even if it seems to be perfect, there are often many loopholes, which can easily lead to criminals taking advantage of the situation to do things that harm the interests of the country and the people. Therefore, the central bank issued a policy to adjust Alipay and WeChat Pay, stipulating that it is forbidden to use personal collection codes for commercial operations, not only to protect the country's property from loss, but also to protect the legitimate rights and interests of the people.
Although this adjustment does not have much impact on our consumers, it must be noted that in order to prevent some merchants from being unable to use online payment because the speed of changing the payment code is too slow, when we go out, we must more or less prepare some cash, and do not be embarrassed when we cannot pay. What do you think? What do you think of the adjustment of Alipay and WeChat Pay? Why not tell me what you think in the comments section!