For merchants, the credit card binding of WeChat and Alipay is also different.

1. For banks, the handling fee for direct credit card swiping is 0.6%, while the handling fee for using Alipay and WeChat is 0.38%, which reduces the interests of banks.

2. For merchants, the cost of card binding consumption may be lower, only 0.38% handling fee and 0. 1% withdrawal handling fee are needed, which is better than 0.6% credit card handling fee.

The above are the details brought to you by Xi Cai Jun. In fact, whether the credit card is bound to WeChat and Alipay or directly swiped depends on the situation. After understanding the difference, choose the most suitable one.

For individuals, there are four main differences between credit card binding WeChat and Alipay consumption and direct credit card consumption:

1, the credit card is bound to WeChat or Alipay. It is simple and convenient to scan the QR code when paying, but it is more troublesome to enter the password signature for digital card consumption.

2. Credit cards need to be charged an annual fee, and you can avoid the annual fee if you swipe your card for a certain number of times. Now there are also many banks that cooperate with WeChat and Alipay, which are also counted in the number of cards and have points.

3. Now both WeChat and Alipay have reward activities. Alipay's bonus and WeChat's shake are free, and you can participate in the activity by binding your credit card to it.

4. The scan code payment of WeChat and Alipay is limited, and it cannot be paid beyond a certain amount; There is no limit to credit card swiping, and it is more beneficial to swipe directly for large consumption.