How does wechat change come from virtual currency

1. On

10 10, two major domestic payment giants Alipay and WeChat simultaneously voicing, prohibiting the use of platforms in virtual currency transactions. Why did Alipay and WeChat voice at the same time? The reporter understands that this may be related to a dynamic trend of a virtual trading platform in the near future. P>

Alipay and WeChat: once found and resolutely retreated,

has repeatedly banned payment agencies to provide virtual

services. In fact, the central bank and its branches have repeatedly requested payment agencies not to provide services for virtual currency transactions.

as early as the end of 2013, the central bank and other ministries and commissions issued the notice on preventing bitcoin risks, which made it clear that all financial institutions and Payment institutions should not price procts or services with bitcoin, buy or sell bitcoin or act as central counterparties, underwrite insurance business related to bitcoin or include bitcoin in the scope of insurance liability, Shall not directly or indirectly provide customers with other services related to bitcoin, including: providing customers with bitcoin registration, trading, clearing, settlement and other services; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc

in September 2017, the central bank and other seven departments jointly issued the announcement on preventing the financing risk of token issuance, which stipulates that financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance financing and "virtual currency"

similarly, the business management department of the central bank issued a notice in January 2018, requiring all legal person Payment institutions under its jurisdiction to carry out self inspection and rectification work in their own units and branches, forbidding to provide services for virtual currency transactions, and taking effective measures to prevent payment channels from being used for virtual currency transactions

2. Lin is a virtual currency. But now many people pay directly by wechat. The function is basically the same as cash. But after all, it's invisible, so it's virtual currency
you can also use the money in wechat. Direct to the bank card. And then take it out, so it's a solid coin

3. More than 200000 means that your change can't be used for transfer and red envelope, but it can be used for cash withdrawal and credit card repayment. This is not limited. At the same time, your transfer and red envelope function can still be used, only the money on your bound bank card can be used. Starting from January 1 of the next year, the annual accumulated amount of change payment will be cleared and the accumulated calculation will be started again.

4. It can be done with your wallet

5. Your own bank card was transferred in, you robbed the red envelope, others transferred in. period

6. Hello, change payment is paid with the change of your wallet in wechat
wechat change is a new function added in the latest version of wechat, which can store your usual pocket money on wechat,

is usually a refund for some of the remaining WeChat's money. Of course, there are also WeChat to grab red packets will be deposited in small change
change can be used for cash withdrawals and so on. The operation is equivalent to Alipay balance
open WeChat, my wallet wallet can check the balance of small change,