I received a short message this morning, saying that my construction bank card and online banking signed a collection business agreement. What does this mean?

This is not a collection agreement signed between the bank card and online banking, but a collection agreement bound between JD.COM and your CCB bank card. Look, the message was sent to you by JD.COM. Under normal circumstances, your bank card is bound to JD.COM. COM account, and the collection function is activated after binding, so JD.COM sends a text message to remind you that the collection function has been activated and the CCB bank card has been bound.

If you don't have an account in JD.COM, or a binding card in JD.COM, or you haven't done anything recently, it is recommended to report the loss of your bank card temporarily, and then log in to the payment settings and debit agreement management in JD.COM to check the signed payment agreement. If the account is stolen. Enter the security center to change the password.

The so-called "collection business" refers to the payment business in which, with the consent of the payer, the payee entrusts the collection institution to deduct the funds in the payer's account from the payer's account-opening institution according to the agreed frequency, quota and other conditions, and the payer's account-opening institution no longer conducts transaction confirmation with the payer one by one.

The main characteristics of this business are that the payee is relatively fixed, the transaction scene between the payee and the payer is relatively fixed, and the conditions such as payment frequency or amount are agreed by the payee and the payer in advance. This business is widely used in daily life scenes. For example, after the credit card holder signs an automatic repayment agreement with the bank, the bank transfers funds from the account designated by the cardholder every month to repay the credit card; When a customer buys insurance, it is agreed with the insurance company to automatically deduct the premium from the customer's account every month; After customers sign service agreements with companies such as tap water, electricity, gas and cable TV, the company automatically deducts fees from customers' accounts on schedule every month.

With the continuous development of the payment market and the increasing demand of consumers, the application fields of the collection business are also expanding. For example, customers and related institutions agree to purchase wealth management products regularly every month or automatically purchase wealth management products when the account balance exceeds a certain amount.

However, it is worth noting that compared with other payment services that require the payer to confirm the transactions one by one, the verification of the collection transaction is weak, which is easy to cause the payer's capital risk. In recent years, there have also been some problems, such as the protection of the payer's rights and interests by the payer's account opening institution, the risk monitoring of the collection service by the collection service institution, and the applicable scenarios of the collection service.

So, how can investors effectively guard against the above risks? Please pay attention to "two operations"

Payer authorization is the core of collection business. Recently, the People's Bank of China officially solicited opinions on the Notice on Standardizing Collection Business (hereinafter referred to as the "Draft for Comment"), and clarified two authorization methods.

The first method is "paired authorization", which is a common authorization method in practice at present. Authorized by the payer and the payee, the payer and the payer's account opening institution, and the payee and the payee respectively. However, there may be cases where the payer's account-opening institution opens the collection business without effectively examining the payer's true wishes, which may lead to the risk of misappropriation of customer funds.

Therefore, it is suggested to use the "paired authorization" mode if handling small convenience businesses such as convenience payment, government service tax, public welfare donation, communication service fee, credit card and loan repayment of banking financial institutions, non-investment insurance premium payment, rent payment and membership fee payment.

Method 2: "Tripartite Agreement", that is, the payer, the payer's account opening institution and the payee sign an agreement at the same time as the basis for subsequent collection business. Compared with "paired authorization", this model further enhances the authorization intensity, strengthens the risk control ability of the payer's account opening institution, and is more conducive to ensuring the payer's capital security.

Therefore, if you need to pay education and training fees, repay loans from microfinance companies, buy fixed-term or fixed-amount fund wealth management products issued by financial institutions, pay investment insurance fees, or face a large amount of scenes, I suggest you use the "tripartite agreement" model.