What is the transaction SMS initiated by WeChat payment?

This situation is to ensure the safety of funds, facilitate users to understand payment information, and meet regulatory requirements.

1. Ensure the safety of funds: As an online payment tool, WeChat payment needs to ensure the safety of users' payment information. By sending the transaction short message, the user can be informed of the payment result in time, and the user can avoid financial loss without knowing it. At the same time, SMS verification code, as an additional security verification method, can improve the security of accounts and prevent others from stealing or embezzling.

2. It is convenient for users to know the payment information: through SMS notification, users can know their own payment situation in time, such as payment amount and payee information. This provides users with a convenient and fast payment experience, and at the same time avoids the trouble and inconvenience caused by not receiving the payment notice.

3. Compliance with regulatory requirements: As a payment tool, WeChat payment needs to meet relevant regulatory requirements, including anti-money laundering and anti-fraud. Sending transaction SMS can be used as a risk control measure to record transaction information, which is convenient for the supervision department to monitor and manage.