From April onwards, the static QR code is limited to 500 yuan! The rise of POS! The rise of smart terminals!

The new year has begun, and new products, new ways of playing, and new opportunities will naturally appear in the market. Last year, the PBOC made some adjustments to the payment industry and required some new regulations. This is In the general direction, all companies need to develop compliance based on this.

At the end of last year, the introduction of the "Bar Code Payment Service Specification" brought some new opportunities to the payment market. The new rule means that from April 1 this year, the QR code collection sticker is only suitable for small and micro merchants to receive 500 pieces. Within the model, if you want to use the QR code to pay for a larger payment, you must use the scanning code terminal, so the scanning function of various functions and the intelligent pos with scanning code will usher in new market opportunities.

Static code payment:

If the static code payment of the merchant is scanned, the daily transaction amount of any account under the name of the consumer cannot exceed 500 yuan, and the merchant who uses the static code to receive the payment can only receive the "credit card transaction" for less than 1,000 yuan per day, and does not exceed 1 month. Ten thousand yuan. This is mainly to prevent the use of the merchant QR code for cash card cashing, the advantages and status of the pos machine is re-accepted.

Dynamic code payment:

For more than 500 credits from April, merchants need to scan the consumer's code. When scanning the quota below 500, users do not need to enter a password or fingerprint, they can call the secret deduction, and they can confirm the bill. If the amount of consumption is less than 500 and less than 1000, the consumer needs fingerprint verification or password verification, and the consumption quota is less than 1000 and less than 5000 pieces. Consumers need to input at least two fingerprints and passwords at the same time. For larger consumption quotas, payment institutions must negotiate quotas with their own merchants and require digital certificates, and consumers need electronic signatures.

The following are some of the new scanning devices that have appeared on the market recently.

In accordance with the latest regulations of Circular No. 281 issued by the PBOC, vicious competition at low rates will be banned and the handling fee will be unified. Because some large institutions use some means such as low-cost dumping and cross-subsidy to expand the market, which directly leads to the problem of the entire industry ecology. Some special small institutions do not have the opportunity to compete fairly. This kind of "big fish eat small fish" The phenomenon is not allowed in terms of supervision. Therefore, whether it is a card processing fee or a scanning code, as long as it is an offline receipt, each payment institution should classify the merchants and uniformly standardize the handling fee.

The rise of scan code payment has made some start-up companies that seize the opportunity of the times to use the "aggregate payment" signboard to have some momentum, but the increasingly strict regulations and extremely low commission fees make their actual operation very Optimistic, I thought that I have made some achievements in some sub-divisions. However, the WeChat Alipay platform has done its own services, which further oppresses the living space of some startups. The current aggregation payment is not only for some startups of a service provider nature, but also for local banks and some payment companies with a large number of real merchants.

The promulgation of the "Bar Code Payment Service Specification" announced the end of the era of barbaric payment barbaric development. After the establishment of the network association, it will also shoulder the important responsibility of breaking up the direct connection this year. WeChat Alipay is a natural ruler that dominates more than 90% of the mobile payment market. Be more responsive to national policies on compliance issues. The Internet giants have used their advantages to make the payment market unfair, and some improvements have been made with the introduction of relevant regulations. Although the general trend has become practical, it has at least made the peers feel a little bit more refreshed.

Many practitioners lamented that they paid three big shackles: UnionPay, WeChat, and Alipay. From the beginning of this year, they will add a big shackle, that is, the network association. According to the regulations of the People’s Bank, all non-gold payment institutions’ online payment transactions must be handed over to the network. To liquidate, but Xiaobian has a less mature judgment. In a certain way, the network association is set up for WeChat Alipay. It can be successful to take over the trading volume of WeChat Alipay, and most of the others. The payment companies belong to the old teammates of UnionPay. Many businesses have been away from UnionPay. The UnionPay cardless payment clearing platform has also frequently stated that it is also a legal clearing platform. He also wants to take responsibility. These remaining network payment transactions, other younger payment companies must give a face. UnionPay and NetLink each have a share of this year's pattern.