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Why do microfinance loans always issue verification codes?

Micro-loan opens automatic deduction service. "Micro-loan" is a pure online micro-credit revolving loan banking product launched by Weizhong Bank, the first digital bank in China, for WeChat users and mobile QQ users. Micro-loan opens automatic deduction service. Mainly Weizhongyin sends the verification code to the customer through the contact information provided by the customer, and confirms that the automatic deduction is operated by the customer to ensure the safety of funds.