Does the merchant receive the QR code and the bank remind the balance every day?

No, because the person who needs your money will take the initiative to show the QR code, so there is no need to remind you. The pay is different. The payee sells you the product, and after you pay the money, the other party will know that the money has arrived when they hear the payment reminder, that is, the transaction is completed.

Merchants charge the QR code bank card balance to withdraw short messages, and users need to go to the bank to open a short message reminder service, charging monthly. Or users can pay attention to the official WeChat account of the bank. After binding the bank card, WeChat will also inform the user of the change of the bank card balance in real time, so that the user can know the change of the balance without spending money.

For most cardholders:

The account can be automatically withdrawn to the bank card for collection. Voice broadcast can ensure the correct amount of money received, and also support the power supply to receive voice, store photos, handling fees, settlement accounts and other business information for the platform to review. If approved, you will receive the signing message of the official WeChat account. We click Enter, and then click Open.

You can apply for receiving code materials in the pop-up interface. After applying, we can fill in the address, and then the official will send us our merchant receiving code. So we can collect money normally.