Online purchase limit buyer blocked? Actually, the mother fucked her heart

[PConline talk] Although things have passed more than twenty days, wait until you calm down and look back. There may be different findings. On the evening of July 31, 2015, the Central Bank issued the "Management Measures for Online Payment Services of Non-bank Payment Institutions" for public comments. In fact, I didn't know it at first. When I woke up the next day, I used to look at the circle of friends, Weibo, and the headlines. Then I was stunned. Various news about the new regulations of the Central Bank were rushed to the screen. For a time, "5000 yuan online shopping quota", "can not buy an apple anymore" and so on, all major controversial news triggered widespread public debate. I estimate that the major home appliance manufacturers are also panicked. Once the online purchase limit is 5,000 yuan, the days of home appliance products on the e-commerce platform can be even worse! However, things soon turned the corner...

Event restoration

On July 31, the central bank claimed that “in order to standardize non-bank payment institutions’ online payment services and prevent payment risks”, the “Management Measures for Online Payment Services of Non-bank Payment Institutions” (hereinafter referred to as “Measures”) was released for solicitation of opinions, instead of banks. The payment agencies obviously refer to Alipay and WeChat payment. As a result, under the coverage of major media, many people's controversy and complaints were instantly attracted.


Central Bank microblogging news

The most controversial point is the topic of “Online purchase of RMB 5,000 limit”, which was stated in the “Measures” issued by the Central Bank: Payment institutions adopt two or more types of elements that do not include digital certificates and electronic signatures. For verified transactions, the cumulative amount of all payment accounts of a single customer on a single day shall not exceed 5,000 yuan (excluding payment accounts transferring to the customer's own bank account of the same name).

So, they are all panicked...

When the news of the central bank came out, the major media had to read the first time. I do not know whether the official language of the Central Bank is difficult to understand or why the headline of media news requires refinement. The “Internet purchase limit of 5,000 yuan” has become the most dazzling words on the headlines of major websites. So they are panicked...

The pickpocketing parties are all panicked: they can only spend 5,000 yuan a day and spend a maximum of 200,000 yuan a year. Can you not be happy with your hands? My mother doesn't care too much whether I spend money or not.


This picture is pure entertainment, please ignore

Fruit powder are panic: 5,000 yuan? Buy an iPhone more than 5,000 yuan! How do you shop online for Apple? Oh, it's so troublesome...after Apple's mixing in China!


TV prices are more than 5,000 yuan

Home appliance giants panic: For home appliances, the price of more than 5,000 yuan has long been commonplace, not to mention positioning high-end home appliances. Once the online purchase limit is 5,000 yuan, it means that the sales of home appliances on the e-commerce platform will be devastated.


Third-party payment is the biggest victim

Alipay panicked: Alipay grabbed the bank’s jobs and the central bank did not appear to be sitting back. The new rules of the central bank, in the real sense, have strengthened the restrictions on third-party payment. In addition to many restrictions on payment, the more critical point is that “in the future, comprehensive payment accounts need to face-to-face check identity, or use at least 5 ways to cross-validate identity." The real cry should be Alipay, WeChat payment, Jingdong wallet and other third-party payment platforms.

Calm down to understand the mother's hard work

When the news of the 5,000 yuan online shopping quota was reached, netizens were angry and complained that the central bank deliberately favored the bank and suppressed the third party payment, which would result in a significant discount to the online shopping experience of users. A stone provokes a thousand waves, and perhaps the central bank did not expect such a large response. As a result, the central bank could no longer sit still, immediately worked overtime on rest days and stood up to clarify the fact that the online purchase limit of 5,000 yuan was misread!


Online purchase limit of 5,000 yuan misunderstood

In fact, this "approach" has very careful consideration on the issue of online purchase quota. Regarding the issue of “5000 yuan online shopping quota”, the quota refers to the balance of the third-party payment account. When online banking is used, only the balance on the account of Alipay and Tenpay will be affected by the quota of 5,000 yuan. The tripartite payment related bankcards use quick payment, and online banking payment is not affected by the quota. In other words, it is still pleasing to buy more than 5,000 yuan of home appliances!

The "Measures" divide the security level of the account into three levels: low, medium and high. The one-day payment limits are 1,000 yuan and 5,000 yuan respectively, and the self-determine limit is set. The quota here still refers to the balance of the third-party payment account. At present, the vast majority of people are at the mid-level security level. Therefore, the 5,000-yuan limit topic will be louder and louder.


Online shopping experience will not be much loss

And this rule will not add much trouble to the online shopping experience. It only increases the number of times the password is entered. So why should the central government impose such a rule? This time it should be said that it is the mother's good intentions.

If the central bank stipulates that it is implemented, it is presumed that more people are no longer willing to deposit money in third-party payment accounts, but choose to deposit in banks. If you prefer to say that this is a partial bank, it is not unreasonable. If your money is stored in a bank, the bank closes down, there is deposit insurance, and if it is stored in a third-party payment account, if the business fails, it is estimated that it can only be "heh!"


More and more network traps

Nowadays, various new types of online fraud cases occur frequently, and the level of third-party payment security still needs to be improved. The purpose of this move by the Central Bank is as follows:

1. To ensure better security for user funds, you must believe that the bank is the last line of defense for your financial security;

2. Urge third party payment to enhance the security level of the account and provide users with more secure financial services;

3. Standardize the business scope of third-party payment. Third-party payment is to exist as a "payment channel" and restrict it to continue to develop in banking. If you really want to do banking business, you can completely apply for a bank license.


The central bank imposes restrictions on third-party payments

In order to protect the safety of user funds, the Central Mother can be described as having broken the heart. Even if there is a risk of restricting third-party payment and favoring banks, it seems to the user that the safety of funds is the most important. In addition, the provisions in the current draft of this opinion will not affect the online shopping experience of users.

Summary: It should be noted that the "Administrative Measures for Online Payment Services of Non-bank Payment Institutions" is only a draft for soliciting opinions. It is not the final version. The final detailed rules will still be adjusted according to the opinions collected. Even if this version is implemented, there will be no impact on online shopping for high-priced home appliances and electronic products. The central bank will still consider user money security as the primary consideration. Therefore, this time, the mother of Yang Mu is really attentive!

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