How to apply for a 3 in 1 collection code and what is the method?

Mondo Digital Updated on 2024-02-02

With the popularity of mobile payment, the 3-in-1 collection code has become a must-have collection tool for merchants. It not only makes it easier for customers to pay, but also provides merchants with a safer and more efficient way to receive payments. This article will introduce in detail how to apply for a 3-in-1 collection code to help you quickly complete the application process.

1. Understand the 3-in-1 collection code**

The 3-in-1 collection code is a convenient payment tool jointly launched by WeChat, Alipay, UnionPay and other payment institutions. Through one *** customers can use different payment methods to make payments, which is convenient and fast. For merchants, the 3-in-1 collection code can greatly improve the efficiency of collection and customer satisfaction.

2. Conditions for applying for a 3-in-1 collection code**

1.Have legal business qualifications: Merchants need to have a valid business license or other legal business qualifications.

2.Real-name authentication: Merchants need to perform real-name authentication to ensure that the information is authentic and reliable.

3.Bank card binding: Merchants need to bind a bank account that is consistent with their business license.

4.Comply with relevant laws and regulations: Merchants shall comply with relevant national laws and regulations and shall not engage in illegal activities.

3. Specific steps to apply for a 3-in-1 collection code**

1.Open the WeChat Alipay UnionPay app and enter the "Collection" page.

2.Select the "3-in-1 payment code" option and fill in the relevant information.

3.Upload the business license for real-name authentication.

4.Bind a bank account and set parameters such as the amount to be received.

5.Submit your application and wait for official review.

6.After the review is passed, ** and print the 3-in-1 collection code, and place it in the store or where you need it.

4. Precautions**

1.During the application process, make sure that the information you fill in is accurate, especially the bank account information and business license information.

2.Regularly check whether the collection code is working properly, and contact the customer service of the relevant payment institution in time if there is any problem.

3.To ensure the safety of your funds, it is recommended that you set a daily payout limit and reconcile your accounts regularly.

4.Understand and comply with the rules of use of each payment institution to avoid the freezing or revocation of the collection code due to illegal operations.

5.For large-value transactions or abnormal transactions, merchants should remain vigilant and contact payment institutions for verification in a timely manner.

6.Keep the collection code and related transaction records in place to reconcile accounts and respond to possible audits.

7.If the merchant changes its information or suspends business, it shall promptly notify the relevant payment institution to update the information or close the payment code service.

8.For customers who use cash to pay, it is recommended that merchants also provide cash change services to facilitate customers and improve customer satisfaction.

9.During holidays or events, merchants can adjust the transaction limit of the payment code or add a temporary payment code to meet the demand for a large number of transactions.

10.Regularly participate in the training and activities of payment institutions to understand the latest payment policies and tools and improve their own operational efficiency.

5. Summary**

Through the introduction of this article, I believe you have a comprehensive understanding of the application method of the 3-in-1 collection code. Applying for a 3-in-1 payment code not only facilitates transactions between merchants and customers, but also provides merchants with a safer and more efficient way to receive payments. During the application process, merchants need to ensure that they provide accurate information and comply with relevant laws and regulations and the rules of use of the payment institution. By setting up and using the 3-in-1 payment code, merchants can improve operational efficiency and provide customers with a better service experience.

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