The situation that the transaction amount exceeds the limit may be because the cardholder has set a single transaction or accumulated limit on the day in charge of the user; Or when the cardholder applies for opening online banking, he/she sets a single transaction or the accumulated limit of the day. Every bank has a maximum payment limit for online payment. If this limit is exceeded, online payment will not be allowed.
：
The single-day cumulative transaction limit belongs to: it means that the cumulative payment amount of online transactions on a single day cannot exceed the prescribed limit. For example, if the daily transfer limit is 50,000 yuan, then no matter how many transfers the user makes on the same day, the total transaction amount cannot exceed 50,000 yuan.
Single transaction limit: refers to that the amount paid online each time cannot exceed the specified amount. Suppose the bill transfer limit is 5000 yuan, then only 5000 yuan can be transferred at a time.
There are two main reasons for the fund to implement the one-day cumulative subscription ceiling:
First of all:
Prevent large funds from suddenly buying fund arbitrage. As we all know, money funds are profitable during holidays, so many large funds buy money funds in large quantities to get profits in order to prevent them from being idle during holidays.
Second:
With the approach of the performance appraisal node of fund companies, for reasons such as performance ranking assessment, fund companies may implement the purchase restriction and income protection one after another to avoid diluting the holders' income and effectively prevent excessive fluctuations in net worth.
Third: The bigger the fund, the better. Some funds are too large, which is not conducive to the management of fund managers.
In order to ensure the security of online payment, banks have quota requirements for each user type. As one of the most secure identity authentication technologies, dynamic password has been applied in more and more industries. Because of its ease of use and platform independence, with the development of mobile Internet, dynamic password technology has become the mainstream of identity authentication technology, and has been widely used in enterprises, online games, finance and other fields. There are more and more enterprises engaged in R&D and dynamic password production at home and abroad. Its advantage lies in its fast and seamless interoperability with various business systems. Its self-developed dynamic password authentication software system is stable and efficient, supports multiple authentication modes, and its solutions can serve enterprises of different sizes.