From April onwards, the static code payment limit is 500, and the smart pos will become the next air outlet.

According to the regulations of the central bank, from April 1st, the use of static bar code payment, the same customer single bank account or all payment accounts, the cumulative transaction amount of the fast payment order day should not exceed 500 yuan. Why is the central bank making such restrictions on the current scanning code that is popular among consumers? According to the experts in the payment industry, the use of static bar codes for payment has the highest risk and the lowest risk prevention capability. In the risk level system of the central bank, it is D level and the limit is the lowest.

Then, according to this regulation, does it mean that the payment of the QR code will be discussed in the future? The answer is naturally no. Insiders pointed out that the 500-yuan limit is mainly used by street vendors who use static QR codes. Most of the scan code payment is especially for large-volume consumption or dynamic code, which is the commercial home scan code gun. To scan the dynamic QR code on the consumer's mobile phone. The risk prevention capability of dynamic barcodes is divided into three levels: A, B, and C. The transaction verification method barcodes and payment limits for different levels are also different. The safer the dynamic code payment, the higher the transaction limit. Specifically, the dynamic code that is verified by two or more types of effective elements including digital certificates or electronic signatures has a risk prevention capability of Class A, which can be autonomously agreed by the bank, the payment institution, and the customer through agreement. Amount. The use of two or more effective elements (such as fingerprints, passwords, etc.) that do not include digital certificates and electronic signatures, the risk prevention capability is Class B, the same customer's single bank account or all payment accounts, fast The cumulative transaction amount on the payment date is up to 5,000 yuan.

The scanning code payment limit is mainly for security, and the main prevention is the risk of static code.

With the rapid spread of scan code payment, there are more and more fraud cases related to it. The most common is that the static code set by the merchant at the checkout counter is silently replaced by the criminals. Because the two-dimensional code pattern is complicated, it is difficult to distinguish it carefully, even the owner has not found it, and the result is that the money is easily entered into the pockets of others.

The relevant person in charge of the central bank said that bar code payment is handled by open Internet and non-professional equipment, which brings certain technical risks. Including: visualizing risks, barcodes are displayed graphically in an open Internet environment. Criminals can steal payment vouchers by means of screen shots, sneak shots, etc., and steal funds during the validity period of payment vouchers; risk of carrying malicious code, barcodes can not only Store payment elements, and can also carry illegal links or program codes. Criminals can link Trojans and phishing websites into barcodes, induce customers to scan, and steal sensitive information. Information is one-way interaction risk, and barcode payment can only be implemented by the initiator or The one-way information interaction of the receiver, the criminals can use the vulnerability to implement the "man-in-the-middle attack", bypass the identity authentication mechanism, resulting in user funds loss; the risk of low security of the scanning code device, the bar code payment has low requirements on the device, the ordinary mobile phone Cameras, supermarkets, simple cash register scanners and other devices that do not have security functions such as encryption and tampering can recognize barcodes and are easily modified by illegal elements.

The person in charge explained that in order to guide banks and payment institutions to improve the security of transaction verification methods and strengthen the security protection of customer funds, for risk prevention and transaction verification methods are more secure, the quota limit is not set, and the market entity can The customer agrees on the transaction limit.

The security of static QR codes is much lower than that of real-time generated dynamic QR codes. The dynamic code is updated every minute and is very secure. Experts suggest that when using barcodes, try not to use your mobile phone to scan other people's static barcodes, but let others scan your mobile phone. Therefore, the central bank's regulations on the static two-dimensional code transaction limit will not only affect consumers and businesses in essence, but merchants and consumers can choose to use dynamic two-dimensional code payment with high security and high limit.

Smart POS will become the next outlet for the payment industry

In the past two years, mobile payment has developed rapidly. The third-party payment representatives represented by Alipay and WeChat are trying hard to seize the consumer's mobile phone payment portal. On the other hand, they are also working closely with offline merchants. For merchants, whether it is Alipay, WeChat payment, or NFC payment such as Apple Pay, they are very welcome as long as they are easy to collect. However, the technical diversification of these payment methods will bring conflicts - the payment giants and the push-to-pay devices are not necessarily compatible with each other. This not only increases the cost of equipment, but also brings troubles in collection and operation.

It is the current situation of the intensification of the payment market and the incompatibility of each other. The intelligent pos machine that supports all payment methods such as scanning code and credit card is born. The smart POS was first invented in 2013. Since then, several Internet companies have begun to join the market, becoming the earliest products in the field of intelligent POS. In 2015, many small and micro Internet companies saw the industry prospects of this market entering. In addition, there are several traditional POS companies that have added the function of QR code collection to their original products. The hat of the Internet POS" has become increasingly fierce in the industry.

At the same time, the intelligent POS machine is a new concept compared to the traditional POS machine. Traditional POS supports UnionPay card swipe to complete payment transfer, but they do not support the two-dimensional code payment, Apple Pay, etc. used by most consumers. Its main functions include scanning one-dimensional code and swiping cards included in traditional POS machines, as well as scanning two-dimensional codes, verification of membership card coupons, and combined with the back-end CRM system for refined customer account management, big data analysis, etc. Features. Its main task is to make electronic payments, the mission is to replace the user's wallet and improve the O2O closed loop.

Nowadays, the traditional payment ecosystem has gradually changed. The account-type payment and the external card reader mode of Alipay and WeChat payment have been paid attention to by the industry and users. However, POS receipts have always been the most mainstream and most offline. A stable payment method.

The emergence of intelligent POS has greatly increased the scope of application of card payment (regardless of the scope of space or business scope), and the intelligent POS is compatible with any one-dimensional, two-dimensional code including even WeChat, and even wave and sound wave payment. These are the positive of smart POS. The place of meaning.

With smart POS will integrate payment solutions (support multiple payment methods, including cash, credit card, scan code payment, third-party account payment, etc.), membership management functions (including membership card, various coupon management, membership maintenance, etc.) ), marketing management (advertising, flyers, promotion management), various convenience services (including mobile phone recharge, credit card repayment, bus card recharge) and other functions gradually integrated, plus smart POS are scanning dynamic QR code, high security Without the central bank's daily limit of 500 yuan, the intelligent POS that aggregates multiple payment methods and numerous industry solutions will become the next hotspot of the payment industry!