Wechat payment does not support virtual currency transactions
Alipay will ban virtual currency transactions. Virtual currency in China's law does not specify that the law is not illegal. Strong> recently issued a statement that Alipay banned the trading of virtual currencies, but most of them expressed support for Alipay's behavior, saying Alipay was right because there are many uses of virtual currency, which can effectively avoid being exploited by lawless elements. p> Although there is no clear regulation on virtual currency, there are some behaviors such as pyramid schemes in some virtual currencies. There are various forms of currencies, which will lead to various frauds. For those who want to invest, they must be cautious and wait until they know all about them before making a decision< however, with the rapid development of the Internet, maybe virtual currency will develop better strong>
virtual currency is a kind of technical means, there is no such thing as whether to cheat or not Strong> in recent years, mobile phone development has been developing faster and faster, and there are also changes in the way of payment. In the life, a small number of people have paid for paper money. Most of them have started using Alipay, WeChat and so on, because they are popular with the public because of their convenience and speed, especially Alipay is the way that many people will pay when they pay. Many other procts have been used to facilitate many people, but Alipay has recently banned the trading of virtual currencies. P> Alipay is also making this decision in order to safeguard the interests of everyone. We should also pay attention to investing when we invest normally, so we can only buy it after thorough understanding. can not blindly listen to other people's views and invest carefully. strong>
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
so you can see the enemy's city.".
Recently, the business management department of the people's Bank of China issued the notice on carrying out self inspection and rectification of payment services for illegal virtual currency transactions, requiring legal person Payment institutions within their jurisdiction to carry out self inspection and rectification in their own units and branches from the date of document release, strictly forbidding to provide services for virtual currency transactions, and taking effective measures to prevent payment channels from being used for virtual currency transactions. All units shall report the self inspection and measures taken to the business management department on January 20
this is not the first time that regulators have restricted virtual currency transactions. Last year, the regulatory authorities issued the "notice on preventing the financing risk of token issuance", which clearly pointed out that financial institutions and non bank payment institutions are not allowed to carry out business related to token issuance financing transactions. All 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 and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability
Can pay, but does not support virtual payment In June of p>
2020, WeChat public platform issued the "notice on regulating the virtual payment behavior in official account". The announcement said that WeChat's official account does not support iOS virtual payment business based on iOS's management standard for developers. Virtual payment business refers to the purchase of non physical goods, such as VIP members, recharge, recording courses, recording audio and video and other virtual procts In April 19th, p>
2017 issued a "regret notice", which was announced by Apple Corp. The official account of WeChat's public platform will be closed from April 19, 2017 at 17:00 since the new regulation of Apple Corp. It is suggested that the public number be supported by the two-dimensional code transfer method. < iOS p>
extended information
on October 10, 2019, wechat payment issued a statement that it does not support virtual currency transactions, and has never opened the access of virtual currency category merchants. If any behavior of using wechat payment for virtual currency transaction is found, it will be refunded P>
Alipay security center also reiterated its attitude towards virtual currency trading on its official micro-blog today: banning Alipay's use in virtual currency transactions. If it is discovered that transactions involve bitcoin or other virtual currency transactions, Alipay will immediately stop payment related services. P>
Alipay Security Center said it would resolutely retreat for merchants involved in virtual currency transactions. If the indivial account is suspected of virtual currency transaction, measures such as limiting the collection function of the account or even permanently restricting the collection should be taken according to the circumstances