In the past two months, the payment industry has undergone a new change every day, making payment companies and POS machine operators walk on thin ice
Recently, there has been a saying in the circle that the POS opportunity that has not been traded for 3 months will be automatically cancelledReally?
Some people are worried, and some people feel that the opportunity has come again, so what is going on?
According to Document No. 161 [2021] issued by the China Branch Association, for terminals that have not traded for 3 consecutive months, payment institutions must re-verify the identity of merchants, and if they cannot be verified, they will stop collecting services. It's not like you can't log out after more than 3 months as rumored, but you need to verify your identity. Therefore, if you want to continue to use the machine in your hand, you must remember to brush it at least once a month. For payment terminals and collection barcodes that have not been traded for 12 consecutive months, the collection service will be stopped directly
In addition, according to the latest news, one ID card can only be opened in the same payment company for 2 machines, and can be opened in up to 5 payment companies. In other words, one ID card can only register 10 machines. Compared with 15 ID cards some time ago, the number has been reduced by 5.
The above signs show that the country's supervision of payment is gradually strengthening, so if you need to open a POS machine, you must choose a regular POS machine.