"Small and micro merchants" mainly refer to merchants who have stores but are exempt from industrial and commercial registration due to various reasons.

These merchants collect payments on a daily basis. If they use personal QR codes to collect payments, they will not be able to use credit cards. For these merchants, service provider partners can use the small and micro merchant function to help these small and micro merchants quickly access WeChat payment, and use the WeChat payment commercial version for daily collection and operation management, which is safe and compliant.

1. Small and micro merchant categories and payment limits. Currently, small and micro merchants only open five categories: "catering, offline retail, residential life/commercial services, leisure and entertainment, transportation/service tourism" For this purpose, the settlement cycle is T 1. The service provider partners can adjust the rate by themselves according to the merchant's situation, and the lowest can be as low as 0.38. Payment limits, limited authority. Merchants who use the small and micro merchant function can only receive a maximum of 50,000 yuan a day with debit cards. For customers who pay by credit card, the payment limit will be dynamically adjusted according to the risk control registration of the payer and the payee merchant. The maximum payment limit for each transaction can only be 50,000 yuan. 500 yuan, and only supports public account payment, card payment, and QR code payment under the service provider mode.

2. Apply to become a developer. The function of small and micro merchants is an invitation system. Therefore, you need to apply to become a developer of a service provider with this qualification before you can help small and micro merchants to open.

3. Small and micro merchants refer to individual merchants who own stores and stalls but do not have a business license. Ordinary merchants refer to individual industrial and commercial households or enterprise operators with business licenses. Both small and micro merchants and ordinary merchants have the functions of commercial collection codes. The difference is: small and micro merchants do not have a computer backend, while ordinary merchants do. Small and micro merchants have a limit on payment collection. The total amount in a single day is 300,000 yuan, and the credit card limit is 1,000 yuan. Ordinary merchants have no limit on payment collection. Small and micro merchants receive payment to bank cards, individual industrial and commercial households in ordinary merchants receive payment to legal person bank cards, and enterprises receive payment to corporate accounts.

4. Small and micro merchants generally refer to WeChat small and micro merchants, which refer to entity special merchants who are exempted from industrial and commercial registration and do not have a business license in accordance with laws, regulations and relevant regulatory provisions. Information required to open a small and micro merchant: ID card: color scan or digital photo, settlement bank card: including the full name of the bank where the account is opened (including branch), bank account number, store photos: one photo of the store entrance and one photo of the store environment.