The merchant transfer to change function of WeChat Pay merchant account has been constantly adjusted in terms of opening policies, product functions and operational restrictions, resulting in too many outdated articles that are very misleading to new merchants.
Combined with the experience of opening such products in the past 6 years, today we will make a popular and relatively comprehensive and accurate introduction to the latest merchant transfer to change opening process, product capabilities and operational restrictions in 2024.
What is the merchant transfer to change function?
Merchants can transfer change to the company's personal WeChat, which can be manual or automatic, can be issued individually or in batches, and does not incur any fees in the process of changing change, and can be achieved in seconds. Therefore, the product has the advantages of high efficiency, free of charge, fast arrival, and security.
What are the requirements for the merchant to transfer money to change function?
As long as there is no merchant number of the main body of the company that is being punished, you can apply for opening, there are two mandatory conditions, one needs to be the company's merchant number, self-employed people can not apply for this function temporarily, and the other condition is that they are not punished, this kind of punishment is usually a more severe punishment, such as closing the collection authority, etc., this kind of appeal must be successful before applying, some slight risk reminders, such as transaction stagnation, can be lifted through the guidance of risk reminders, such risk items are often lifted, Generally, it does not affect the application of the merchant to transfer money to change.
What materials do I need to prepare to open a merchant transfer to change?
Because of the increase in manual review of the merchant transfer to change function, it is necessary to prepare materials carefully, and be able to clearly explain the use scenario and application reason, so as to avoid being rejected multiple times and causing the merchant account to be abnormal. When applying, you need a system homepage**, an interactive flow chart of using the merchant to transfer money to change, the reason for applying, etc., and if the merchant number and the system are not the same entity, you also need to upload cooperation documents. If the project needs to be quickly approved, you can use the WeChat mini program:Merchant change assistantAssist in one-time activation.
Someone mentioned that it takes 90 days for a merchant account to open change and 30 consecutive days of transactions?
Full 90 days and 30 consecutive days of transactions are the policies before 2022, mainly for old product enterprise payment to change, the current enterprise payment to change function has been hidden, except for the previously opened merchant account, new merchant accounts can no longer apply for enterprise payment to change function.
What should I do if my application for transferring money to change is rejected? You need to carefully read the reasons for rejection, and modify the system or application materials as requiredMerchant change assistantAssist with activation.
Can the money received by the merchant account be transferred to the change by the merchant?
No. Before 2021, the basic account and the operating account of the WeChat Pay merchant account could be transferred to each other, but now the receipt of money into the basic account can only be forcibly withdrawn into the company's corporate account, and the money in the operation account can only be recharged through the public account or private department. If you need to divide the collection to multiple entities, you need to solve it through account sharing or e-commerce payment pass.
What should I do if the daily recharge limit of the merchant account is 50,000?
You can recharge with multiple accounts, and if you have the option of "transfer recharge", you can choose a large recharge of up to 20 million.
The application policy and product capabilities of the merchant transfer to change function have been changing, and new merchants often cannot get useful references when opening and using this function, in view of the fact that we have been doing the opening and subsequent use of this function, you can also learn more about this function by following me.