Micro Shop To Crack Down On Illegal Cash Management Of Electricity Providers Continue To Standardize

Credit card cash has been listed as an illegal act and has been severely punished by relevant departments.

The rapid rise of finance, especially in some areas

On the platform, because of low entry threshold and loose regulation of paction process, frequent occurrence of credit card cash has aroused people's concern.

What are the characteristics of Internet credit card cash? What are the risks and how to regulate it?

The frequent occurrence of Internet cash pactions has become an industry problem.

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The platform creates false pactions, and the process of making withdrawals is simple without any fees.

"No fee, no trouble, you can do it yourself."

Ms. Lee, a private company employee in Beijing, said that she had seen many online marketing strategies on the Internet. She just tried to open a micro shop and wanted to try it.

According to Ms. Li,

Cash is very simple.

If there is no shop in advance, just download a APP and enter the phone number to register.

After the successful opening of the store, upload any "commodity" photos, set prices for "goods", and then trade, and then through a false paction to complete the credit card cash.

Ms. Lee said that the amount of cash withdrawals is the same as the amount paid before, and the whole cash flow process will not cost any money.

Online credit card cash has been listed as an illegal act by the relevant departments to crack down, but with the rapid development of e-commerce pactions, lawless elements have played a wrong mind.

Recently, consumers can use Jingdong's IOUs, Hua Bai and other electronic business applications to cash in on the news, triggering a new round of concern for the electricity industry's illegal cash flow.

Not only that, the behavior of illegal cash pactions is spreading to the micro business area, but with the launch of many micro shop platforms such as pocket shopping, patting micro stores, this phenomenon is increasing.

It is understood that the low threshold shop has been an important strategy to promote investment in various micro business platforms, and this method also provides some convenience for illegal cash pactions.

A small shop advocate women's introduction, compared to Taobao,

These platforms are relatively simple and convenient in the micro business platform.

Ms. Zhang said that if it is a dual role of a seller and a buyer, Taobao, Jingdong and other platforms should not only pass a series of verification processes such as identity cards, personal photos, cell phone numbers, collecting accounts, etc., but also decorate the shops according to the platform requirements, while the "free" shop opening process of micro businesses is relatively simple.

On other platforms, if buyers and businessmen collude, create a false paction, cash is completed by merchants, merchants will receive a certain proportion of commission, and micro shops will not generate any fees.

Illegal cash in great harm

Unable to control the flow of funds, increase the risk of bank operation, affect personal credit records.

In fact, the problem of credit card cash has existed for a long time. It has only been carried out through the offline POS machine before the emergence of online payment and mobile payment. However, the application of POS has certain threshold. It can only be a market entity with business license, such as enterprises and self-employed persons.

Reporters learned from several large state-owned banks that traditional banks have basically established their own regulatory system for online credit card pactions. The technology level can ensure timely cash discovery and automatically freeze accounts.

With the rapid rise of Internet finance, especially in some micro business platforms, because of low entry barriers and relatively low supervision on paction process, credit card cash is increasingly frequent, which puts forward higher requirements for the operation of traditional banking industry online, and also requires the further introduction of various regulatory policies.

A commercial bank official said that most credit cards are unsecured credit instruments. As long as cardholders consume, banks must bear certain risk of repayment.

Moreover, with the increasing use of cardholders, plus some loan intermediaries to help cardholders forged identity materials, and constantly upgrading the credit card limit, the normal business of banks will be disturbed, which will bring huge risks to the operation of banks.

Yang Chi, head of the strategy office of the Huaxia Bank Development Research Department, believes that online credit card pactions are more flexible and efficient than the traditional way of using POS to cash in, giving the criminals an opportunity to take advantage of them.

Such incidents not only disrupt the normal financial order, but also have a lot of adverse effects on the operation of bank credit card business.

Moreover, banks can not control the flow of funds through illegal channels, but also increase the credit risk of banks.

For cardholders themselves, credit card cash is also a big risk.

If the cardholder fails to repay the bill on time, he will incur the overdue repayment interest which is even higher than the overdraft interest.

Yang Chi stressed that our country is actively establishing an individual credit reporting system. The illegal cash pactions of credit cards will affect my credit record and affect future personal loans and other aspects. People should pay attention to and protect personal credit.

Micro shop joint efforts to combat cash flow

Using mobile Internet technology, the micro store has frozen more than 7.9 stores, paying the platform side to strengthen monitoring.

In the face of frequent online illegal cash pactions, how are the major business platforms handled?

In January 2014, the official launch of about 32000000 shops was taken as an example. The head of the public relations department said that the platform side was obliged to cooperate with the banks to supervise and use mobile Internet technology to more effectively strike cash pactions in the micro stores.

Up to now, the micro shop has frozen more than 7.9 stores, and has recently automatically discovered more than 500 stores every day.

The person in charge introduced that the micro shop discovered the cash store through the machine strategy recognition, and carried out real-time monitoring and manual auditing for the buyers and sellers of the big amount and paction volume.

Once a seller's shop is found, the store will intercept and freeze the store's pactions in real time, sending SMS messages to users to inform the store of risky pactions.

"Micro store's original intention is" wide in ", zero threshold shop, but at the same time, we will guarantee" strict out ".

The person in charge said that the micro shop has established a sound credit guarantee system to protect consumers' shopping rights and interests through secured pactions and 7 days' no reason to return goods. At the same time, using powerful background data analysis capabilities and GPS technology, there is no hiding place and no escape for false pactions, providing more convenient technical support for banks to pursue illegal activities.

On the other hand, compared with the traditional POS cash flow, the cash flow and aggregation in the process of micro paction are mostly realized through WeChat payment, Alipay payment platform and micro business platform.

In this regard, the relevant person in charge of WeChat payment said that the behavior of illegal trading needs trading platform to control, WeChat payment will help platform businesses to monitor through the wind control system, and implement corresponding control measures.

Guo Tianyong, director of the China banking research center of Central University of Finance and Economics, believes that online illegal cash pactions are like traditional cash flow through POS machines, requiring relevant departments to increase supervision and punishment.

In addition to banks, public security organs, including relevant government departments, can also increase penalties for illegal acts of credit cards.

"If we want to put an end to credit card pactions, we can discuss some amendments to the credit card use system in the future," Guo Tianyong said. "For example, credit cards can be taken out of cash directly on bank ATM machines, as well as debit cards, which greatly reduce the cash handling fee.