In fact, as early as June, in the draft for comments, the relevant contents of strengthening the management of "one machine, one household" for POS receipt have been pointed out. This official document is more of a supplement to the management of bar code payment terminals.
The main supplementary contents of the new regulations:
1. Use personal collection code to restrict remote collection.
2. Personal receipt code shall not be used for business receipt.
3, the collection of bar codes to develop a classification management system, to distinguish between individuals and special merchants, business activities into the scope of special merchants.
Restrict remote collection of personal codes
This paper mainly aims at the frequent illegal acts such as "cheating", "gambling" and "telecom fraud" in recent years. In the future, the personal collection code will limit the remote collection function, and may become a dynamic collection code, which no longer has the printing function.
If some special merchants do have non-face-to-face needs in different places, they can apply for the payment code of special merchants, which will be carefully examined by the acquiring institution, added to the white list, and strictly controlled the transaction limit, scale and the number of times the QR code is used.
Personal code shall not be used for business collection.
Individuals and businesses have always been two groups, and WeChat/Alipay personal collection codes have also been unregulated.
First, the special merchant code generally has a rate, and the personal code has no rate, which is unfair to the giants in the offline acquiring camp.
Second, WeChat Alipay set the withdrawal rate, which led to a large amount of capital flow within the two major payment giants.
Third, the personal code is not included in the business capital, so there may be suspicion of "tax evasion" in taxation.
In addition, this may be good news for aggregate payment service providers, and personal codes will be replaced by special merchant codes in the future.
Classified management distinguishes between individuals and businesses.
Since the advent of QR code, WeChat/Alipay payment code has been the two giant products of payment. However, it is obvious that the WeChat/Alipay personal collection code has always been outside the merchant's network access norms and is not regulated.
The special merchant information of the formal offline acquiring institution will be reported to UnionPay, while the online personal code will not report the information. With the continuous strengthening of payment supervision, it is imperative to strictly distinguish individual/merchant collection codes.
The document notification shall take effect on March 1 day, 2022.
At the same time, the documents of the central bank also clearly define and manage the responsibilities of clearing associations and acquiring institutions. In the future, in the process of implementing the new regulations, banks, payment institutions and clearing institutions will jointly implement them.
The implementation of the new regulations has strengthened the payment supervision and merchant access management to a certain extent, which can largely avoid illegal activities. At the same time, the change of personal payment code supervision is of positive significance to the market promotion of special merchant payment codes. On the whole, it's not bad.
The purpose of notification is not only to let people know the content, but more importantly, to let people know the content, so as to receive the educati