The essential feature of Alipay cash withdrawal is to directly convert the credit line in Alipay into cash withdrawal by cheating. Cash-out funds are out of the normal credit management channels of banks and the management sight and control of regulatory authorities, which seriously undermines the management order of China's financial market and lays an unstable factor for the overall financial order of the country. Therefore, it is illegal for Alipay to withdraw cash.

It is illegal for Alipay to withdraw cash. The bank will investigate the amount and number of withdrawals. If it is recognized as cash, it will also have serious consequences.

1. The credit card has been frozen. When the bank finds that the cardholder is suspected of cashing out, the credit card will be frozen. After freezing, the credit card can no longer be used. If there is no cash, you can apply for cancellation.

2. There is a credit stain. After credit card cashing is detected, it will be directly uploaded to the central bank's credit information system, and personal credit will be damaged. It will be difficult to apply for bank loans in the future, and the credit stain will last for five years.

3. If the withdrawal is serious, the bank will restrict personal business. In addition to credit card business, other businesses of banks will also be restricted, such as deposit, transfer and cash installment.

4. If the amount of cash is too large and the circumstances are serious, criminal responsibility may be investigated, and a fine ranging from 200,000 yuan to 500,000 yuan may be imposed, and a fixed-term imprisonment ranging from three years to ten years may be imposed.

According to national laws and regulations, if the circumstances are serious by using point-of-sale terminal equipment (POS machines), he shall be convicted and punished for the crime of illegal business operation in accordance with the provisions of Article 225 of the Criminal Law.

If the amount of the act mentioned in the preceding paragraph is more than 6,543.8+0,000 yuan, or the funds of financial institutions are overdue by more than 200,000 yuan, or the economic losses of financial institutions are more than 6,543.8+0,000 yuan, it shall be deemed as "serious circumstances" as stipulated in Article 225 of the Criminal Law; If the amount is more than 5 million yuan, or the funds of financial institutions are not returned more than 6.5438+0 million yuan within the time limit, or the economic losses of financial institutions are more than 500,000 yuan, it shall be deemed as "the circumstances are particularly serious" as stipulated in Article 225 of the Criminal Law.