What is the freezing of Alipay transfer amount?

The other Alipay account has no real-name authentication (identity authentication). After transferring the money to the other party's account, the money will be frozen. Only after real-name authentication can the other party use the money transferred to him.

Real-name authentication is the verification of the authenticity of user data. It is helpful to establish a sound and reliable Internet credit foundation. Generally, there are two ways of bank card authentication and ID card authentication, which can avoid some online fraud.

In order to effectively curb the behavior of buying and selling accounts and opening fake accounts, and comprehensively promote the real-name management of accounts, since 20 16 12 1, when banking financial institutions open bank settlement accounts for individuals, the same person can only open one Class I account in the same bank. If a Class I account has been opened, a Class II account or a Class III account should be opened. This move aims to protect the safety of funds.

At the same time, in order to reduce the cost of residents' transfer, the Notice on Strengthening the Management of Payment and Settlement to Prevent New Crimes in Telecommunication Networks clarifies that banks that charge off-site fees for cash withdrawal, transfer and other businesses in the bank will be free within three months from the date of promulgation of this notice.

Baidu Encyclopedia-Transfer