According to the Notice, in order to further implement regulatory compliance requirements, strengthen transaction management, ensure the authenticity, integrity and consistency of transaction information, and avoid unnecessary losses for you, we hereby reiterate the relevant business norms as follows:
1. Service providers shall not guide, instigate, acquiesce or assist merchants to change the usage scenarios of payment products by means of modification, packaging, tampering with interfaces, etc.
2. If the merchants served by the service provider fail to enter according to the product type, and there are irregularities such as setting low rates, cashing out and setting up marketing resources, once verified, they will be disposed according to the management system of the service provider and other relevant norms. If the circumstances are serious, the service may be suspended or cancelled.
3. If there is any misconduct such as tampering with transaction information, the service provider shall promptly urge the merchants to rectify.
It is worth noting that on February 26th last year, China People's Bank, China Banking Regulatory Commission, China Securities Regulatory Commission, foreign exchange bureau and other financial management departments jointly interviewed Ant Group and put forward five major rectification requirements. Among them, the rectification requirements related to the payment business field are to return to the origin of payment, enhance the transparency of transactions and prohibit unfair competition.
When payment service providers are strictly regulated
In recent years, with the rapid development of the payment industry, the aggregate payment service market has attracted many participants and has become an important part of the payment market. While promoting the rapid development of the payment market, it also brings certain risks due to the low entry threshold and the lack of unified management of employees. Some payment service providers violate laws and regulations such as subcontracting, subcontracting and cash liquidation, and provide services for cross-border gambling merchants, disrupting the order of the acquiring market.
In order to strengthen the standardized management of the acquiring outsourcing service market, in 20 17, the People's Bank of China issued the Guiding Opinions of the People's Bank of China on Continuously Improving the level of acquiring service to promote the development of acquiring service market, positioning "aggregate payment" as acquiring outsourcing service, delineating the business "red line" and putting forward four "no's": it is forbidden to engage in merchant qualification examination, acceptance agreement signing, fund settlement and acquiring business transaction processing. Shall not handle the settlement funds of special merchants in any form, or engage in the settlement of special merchants' funds in disguise; Shall not forge, tamper with or conceal trading information; Sensitive information of special merchants and consumers shall not be collected or retained.
In August last year, China Payment and Clearing Association issued "Measures for the Administration of Filing of Outsourcing Service Organizations Receiving Bills (Trial)", which covered the definition, scope, filing conditions, filing workflow and cancellation of filing.
On June 5438+ 10 of the same year, China Payment and Clearing Association issued the Measures for Registration and Risk Information Sharing of Bill-Receiving Outsourcing Service Institutions, which further standardized the order of the bill-receiving outsourcing service market and improved the self-discipline management system of the bill-receiving outsourcing service market. The method points out that in case of any of the circumstances mentioned in Article 17 of the Measures, such as disguising merchant information or colluding with merchants to engage in cash fraud activities, the system will automatically put the corresponding outsourcing institutions into blacklist management, and the acquiring institutions shall not cooperate with the outsourcing institutions in the blacklist and those whose relevant individuals are legal persons or responsible persons; If cooperation has been carried out, the cooperation shall be terminated in an orderly manner within 90 natural days from the date when the outsourcing institution is blacklisted, and the cooperation status shall be updated in the system in time. This means that outsourcing institutions that enter the "blacklist" will be severely punished, and it will be difficult to gain a foothold in the payment market in the future.
Analysts believe that compliance management is the most basic requirement for the acquisition of outsourcing institutions, and it is also the basic strategy to deal with "deep reshuffle". On the basis of compliance management, optimizing its own products and services, strengthening its technical output ability, expanding payment scenarios and more value-added services are the magic weapons for acquiring outsourcing institutions to face the "deep reshuffle".
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