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What are the advantages and disadvantages of applying for a WeChat Alipay merchant code?

Benefits: Supports credit card collection, and later supports Huabei collection. The handling fee is very cheap, only 0.55%. Enjoy Alipay's 0.2% handling fee subsidy, and the merchant's Alipay balance is credited in real time, helping merchants to quickly withdraw money. Funds and Alipay balance can be withdrawn to the bound bank card for free at any time.

Disadvantages: Once identified by the system as suspected of cashing out, there will be a 7 to 30 day restriction period. During the restriction period, credit card payments cannot be collected, and balances and debit card payments will not be affected. Use the same Alipay to scan the same payment code to pay multiple times in one day, the payment amount is an integer, the single amount is too large, the cash is withdrawn immediately after payment, the payment is directly refunded to the payment Alipay through Alipay, etc. Any behavior may be deemed as suspected of cashing out by Alipay.

Extended information:

Notes on WeChat merchant code:

Customers use Huabei or credit card to pay, and a service fee of 0.8% of each order amount will be charged. Activities During the period, the event display shall prevail, and service fees will be waived for other payment methods. Users who have just opened enjoy a free quota of 1,000. After that, for each customer they receive, they will get a free service fee quota of 30*factory yuan. If they are worried about insufficient quota, they can try to choose other methods when paying, or when making small-amount transactions. Promote more Huabei methods.

You are not allowed to participate or assist Huabei to cash out. Once discovered, the money collection function of Huabei will be closed immediately. It is illegal to cash out with Huabei. If you participate in the cashing out, you will face the risk of being held liable for breach of contract and committing a criminal offense. < /p>