What does the default reminder of WeChat payment merchant account mean?

It means notice of default record, and merchants can receive notice of default record through email and WeChat group. In order to promote the healthy, open and orderly development of WeChat payment business and protect the legitimate rights and interests of the majority of WeChat payment users, Tenpay Payment Technology Co., Ltd. (hereinafter referred to as "WeChat Payment") has formulated the Rules for Defining and Handling Illegal Merchants of WeChat Payment (hereinafter referred to as "Rules"). As an annex to the WeChat Payment Service Agreement (hereinafter referred to as the "Master Agreement"), these Rules are an integral part of the Master Agreement and have the same legal effect as the Master Agreement. Merchant: refers to all entities that have signed the Master Agreement with WeChat Pay. Rectification and early warning is a management method of WeChat payment to merchants. Wechat Payment reminds and warns merchants of improper behaviors in oral or written form (including but not limited to emails and text messages). ). Merchants need to complete self-inspection and rectification within the time limit stipulated by WeChat payment, so that their business model conforms to the provisions of national laws, regulations, policies and rules and the agreement of the master agreement. Lowering the payment limit means that WeChat Pay has the right to adjust the daily payment limit of abnormal trading merchants according to the agreement in the main agreement. Temporary freezing settlement means that WeChat Pay has the right to temporarily freeze the settlement of abnormal trading merchants according to the agreement in the master agreement.