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Why is there a handling fee for credit card repayment?

In order to attract people to use application software, including electronic payment, there will be a lot of subsidies at the beginning, or most services will be free. After occupying the market, one of the ways to improve profitability is to start charging service fees. WeChat Pay, a subsidiary of Tencent (7), announced that from December 1st, the accumulated credit card repayment amount of each user will exceed 5, yuan (RMB. The same below), and an administrative fee of .1% will be charged for the excess.

.1% is overcharged without charge within 5, yuan per month

WeChat payment can be bound to a credit card, and the amount stored in WeChat account can be used to repay the credit card debt. Recently, the company issued the "Notes on the Payment Rules of WeChat Credit Card", which stipulates that each person's monthly credit card repayment amount is less than 5, yuan, and no handling fee is charged, while over 5, yuan, .1% handling fee is charged, with the lowest .1 yuan.

wechat payment announced that a .1% service fee will be charged for each user who repays more than RMB 5, per month by credit card.

The free amount of the same ID card is * * * 5, yuan

For multiple WeChat accounts under the same ID card, the repayment limit is calculated together, and the free amount is still * * * 5, yuan per month.

when it exceeds 5, yuan, the handling fee will be calculated together with the repayment. If it is repayment for others, it will occupy the free line of the payer, but not the line of the repayment party.

wechat said that it will give a one-month buffer period, and there will be a fee reduction activity from December 1 to December 31, when the accumulated repayment amount of each person is less than 2, yuan, the fee will be exempted.

wechat has charged for the transfer, and then changed to the withdrawal fee

in fact, wechat has paid the modification fee for many times. In October 215, it was announced that each person has a transfer quota of 2, yuan per month, and a handling fee of .1% will be charged if the quota is exceeded. However, in March 216, WeChat cancelled the transfer fee and instead charged a handling fee to the cash withdrawal function, charging .1% according to the cash withdrawal amount, and each user can have a free quota of 1, yuan.