You can't send red envelopes on WeChat without real name system?
Today, the Administrative Measures for Online Payment Business of Non bank Payment Institutions is officially implemented today, which is closely related to the WeChat payment and Alipay we use every day. Therefore, from today on, failure to improve the payment account information may affect the normal use of WeChat payment and Alipay.
In order to receive and send red envelopes happily and buy online, it is necessary for us to understand why your WeChat payment and Alipay account need real name system, what impact will the non real name system have, and how to use real name system.
Why do we need real name system?
The real name system is needed because at the end of December last year, the People's Bank of China issued the Measures for the Management of Online Payment Business of Non bank Payment Institutions, which defined the establishment of a "classified supervision indicator system for payment institutions". Implemented from July 1, 2016.
The Methods divide personal payment accounts into three categories. Different payment accounts correspond to different functions. If users do not improve their account information in time, they will not be able to use the online payment function normally: for example, they cannot send red packets.
In terms of specific classification, Class I accounts only need one external channel to verify the customer's identity information (such as online verification of resident ID card information), and the account balance can be used for consumption and transfer, which is mainly applicable to small amount and temporary payment of customers. Identity verification is simple and fast. The transaction limit of Class I accounts is relatively low, but payment institutions can upgrade Class I accounts to Class II or Class III accounts by strengthening customer identity verification to increase the transaction limit.
Class II and III accounts have relatively high real name verification intensity, which can prevent pseudonyms and anonymous payment accounts to a certain extent, and prevent criminals from using others' identities to open payment accounts and commit criminal acts. Therefore, they have high transaction limits. In view of the high risk level of investment and wealth management business, the Measures stipulate that only Class III accounts with the highest real name verification intensity can use the balance to purchase investment and wealth management and other financial products to ensure the safety of customers' funds.
The above classification methods, payment functions and transaction limit management measures are only for payment accounts (such as "change" of WeChat payment), and customers' use of bank accounts for payment (such as bank gateway payment, bank card quick payment, etc.) is not subject to the above functions and limits.
What will be the impact of the non real name system?
As the regulations have been formally implemented, our payment account will be subject to some functional restrictions if it is not subject to the real name system.
First of all, the biggest impact is the money collection function. For example, it is not easy to grab a big red envelope, but because your account does not have a real name, the money in the red envelope cannot be recorded.
According to the introduction of WeChat, if you do not use your real name, you will be restricted from receiving money through WeChat, using change to send bonus packets and other functions; Alipay also prompts users, "If your account does not have a real name, you will not be able to receive red envelopes, rewards, transfers, etc. from others. You need to complete your identity information before you can collect money."
Secondly, balance consumption will be limited. From July 1, The balance of Class I account shall not exceed 1000 yuan accumulatively for life, 2. The annual limits of Class III accounts are 100000 yuan and 200000 yuan respectively. That is to say, if you don't improve your account information, you will even spend less money. Considering that we now use WeChat payment or Alipay when we go out to take a taxi, order takeout online, or even buy fruit, we'd better hurry to improve our account information.
Alipay said that if there is no real name, the account will not be able to receive transfers, rewards, red envelopes and other funds from others. You need to complete your identity information before you can collect. Moreover, only real names can enjoy services such as Yu'e Bao, Zhaocai Bao, Ant Flower and Ant Borrowing.
Alipay said that the balance payment function of the account will also be restricted if the user does not use his real name, but the account or fund will not be frozen. The user can use the balance payment function of the account normally by completing and further improving the authentication information according to the page prompts given by Alipay.
For the annual maximum limit of 200000 yuan, is it impossible for users to complete the payment if they exceed 200000 yuan? Alipay responded that the new rules only affect the amount of balance payment, and if users pay through bank card quick payment, online banking, Ant Spending and other methods, they will not be affected in any way.
How to actively carry out real name authentication?
To sum up, the non real name system has a great impact on WeChat payment and Alipay. So how can we use the real name system for our payment account? Take WeChat payment as an example, the real name system of account has the following steps and methods.
How to conduct real name authentication?
Please log in to WeChat ->click "I" ->"Wallet" and add a bank card according to the following instructions.
How do I know if I am my real name?
Users who have added bank cards to the WeChat payment platform are all real name users. If the bank card has been added before and later unbound, the real name has also been completed, so there is no need to bind the card again.
What methods can be used to improve identity information?
The WeChat payment team provides multiple channels such as bank card verification, ID card verification of the Ministry of Public Security, and mobile phone number verification of operators to help users improve their real name information to meet the real name requirements of regulators.
Does the bank card added by real name authentication need to open online banking?
no need.
Is it OK to bind the card with a savings card or a credit card?
No limit, everything is OK.
Do overseas users need real name authentication just like domestic users?
Overseas users who use RMB wallets also need to meet the requirements of the real name system according to the regulations of the Central Bank, which is consistent with mainland users.
For real name authentication, personal information needs to be submitted. How does WeChat protect users' privacy?
WeChat payment fully protects user information security from product, technology, operation, risk control and other aspects. Authentication is also through the Ministry of Public Security, banks and other authoritative institutions to ensure user information security.
