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Apr 04, 2022
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Summarizing the responses of all parties, the current "personal collection code" will not be closed, not used, and its functions will remain unchanged. A "personal business collection code" has been launched for groups such as small and micro merchants using personal collection codes, and users can apply for it voluntarily. This response originated from the "Notice of the People's Bank of China on Strengthening the Management of Payment Acceptance Terminals and Related Businesses (Yinfa [2021] No. 259)" (hereinafter referred to as the "Notice") issued by the central bank's official website on October 13, 2021. The "Notice" stipulates that for individuals with obvious characteristics of business activities, barcode payment and collection service agencies shall provide them with special merchants' collection barcodes, and refer to the implementation of the relevant management regulations of special merchants, and shall not use personal collection barcodes to provide them with relevant business activities. Collection service. The original intention of the relevant regulations is to reduce the hidden risk of personal collection barcodes being used by criminals, but it has "injured" many small and micro merchants. After the "Notice" was promulgated, the relevant regulations were misinterpreted by netizens as "WeChat and Alipay collection codes cannot be used for business collections", and there were even rumors that personal collection codes should be traced over the past four years to recover taxes. Since the outbreak of the epidemic, the "street stall economy" has emerged. Many street stall owners who operate mobile businesses use their personal collection codes Phone Number List to collect payments. The provisions of the "Notice" and subsequent rumors make them worry: Can their business continue? Will follow-up operating costs increase? With the announcements of the China Payment and Clearing Association, WeChat Pay, and Alipay being released one after another, small and micro merchants have taken a "reassuring pill". However, in the several confrontations between rumors and rumors, the anxiety of small and micro merchants has not been relieved. Some bank staff told the Alphabet that the corporate sector has received a marked increase in inquiries from small businesses recently. In addition, some lawbreakers have targeted this group of people and designed related scams such as agency agents and upgrade of payment codes.


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