Reasons for bank receipt code deactivation

There are many reasons why the use of the receipt code is suddenly restricted, which may be due to overpayment, risks in the account number of the Agricultural Bank of China card or other transaction problems.

Card owners who have problems with the bank payment code need to find out the specific reasons for the restriction of the payment code in time, so as to lift the restriction as soon as possible and avoid adverse effects on their lives. At the same time, the owner of the bank card should make clear the consumption limit of the receipt code to avoid the sudden restriction on the use of the receipt code of the Agricultural Bank of China.

I. What is ABC's receipt code?

China Agricultural Bank's collection code refers to an aggregation code provided by China Agricultural Bank for quick consumption and payment by using two-dimensional code technology. In this regard, the merchants cooperated by ABC include Aggregate Bank, UnionPay, WeChat and Alipay.

Agricultural Bank of China's payment code provides customers with convenient mobile phone scanning code mobile payment service, and provides merchants with a little access and settlement reconciliation service. The payer can read the aggregation code through mobile devices such as mobile phones to realize the payment of funds.

Two, China Agricultural Bank collection code is limited to the solution:

There may be many reasons why the account is restricted from collecting money: the account may be restricted because it exceeds the limit. According to the relevant requirements of the Agricultural Bank, if a single payment exceeds a certain limit, you need to submit your ID card to the Agricultural Bank to complete the corresponding authentication information, and the payment can only be resumed after the account is approved; If the risk of system verification is limited: ABC's security system will monitor the security of the account in real time.

Once the account is verified to have risks or transaction problems, the bank will take corresponding measures for the account.

As can be seen from the above, the sudden restriction on the use of ABC's receipt code will not affect the credit of ABC's Kaka owner, but it will be inconvenient for ABC's Kaka owner to go to ABC to handle it during ABC's working hours. Therefore, understanding and paying attention to the reasons why ABC's collection code may be restricted can effectively avoid the sudden restriction of ABC's collection code, thus bringing inconvenience to life.

Third, collect code:

The receiving code is a function. On February 28th, 20 17, Alipay officially launched the function of "receipt code" in a prominent position on the first screen, which is convenient for users to initiate the face-to-face collection function.

On March 30th, in order to further reduce the cost of small and medium-sized merchants, Alipay Open Platform officially announced today that the free cash withdrawal service of cash withdrawal code will be extended for another three years, until March 3rd, 20241,and there is no single limit or single-day limit for free cash withdrawal. [3] After the payment code goes online, users who need to collect money frequently can click "Free Payment Code Sticker" if they want to carry it with them or stick it in a fixed location, and Alipay can mail the sticker home. After the application is successful, you can also enjoy the free withdrawal of the money received by the receipt code.

After applying for the Alipay "Receipt Code" sticker, you can accept the consumer's transfer, and all the money is free when you withdraw it to the bank card. You can see the running water and reconciliation management with one click. On March 30th, in order to further reduce the cost of small and medium-sized merchants, Alipay Open Platform officially announced today that the free cash withdrawal service of cash withdrawal code will be extended for another three years, until March 3rd, 20241,and there is no single limit or single-day limit for free cash withdrawal.

"Payment code service" refers to the service that the user can pay you after scanning the QR code you applied for, or you can realize the user's payment through the cashier system and equipment to identify the user's QR code, and Alipay will transfer the money to the designated bank debit card or Alipay account where you apply for this service. Hereinafter referred to as "receipt code service" or "this service".

You promise that the payment code service can only be used for offline normal payment. If Alipay finds that you have abnormal payment behavior, Alipay has the right to take measures including but not limited to canceling the free withdrawal of payment funds and stopping providing payment code services.