Recently, Anhui etc announced that in view of the rising handling fees of wechat payment, it would stop providing wechat payment services after active negotiation with Tencent failed.
The operator said that the platform will be able to pay related fees from Alipay and UnionPay channels at 10 o’clock on March 24th.
After the news broke out, it aroused heated discussion in the market.
However, according to the report of Anhui local media Da Wan news, the relevant person in charge of Anhui Expressway Network Operation Co., Ltd. said that suspension of wechat payment service means that citizens cannot use wechat to pay when using etc deposit fees , and wechat can still be used for “code scanning payment” through toll station mobile phones, which basically does not affect citizens’ travel
wechat payment response:
Anhui etc can still use wechat payment normally
At noon on March 29, wechat payment responded to Anhui all-in-one transportation card company’s announcement that it would stop providing wechat payment services.
Wechat payment said that wechat payment has been charging preferential rates for relevant scenes of etc industry in order to support the development of high-speed industry and improve efficiency, which is far lower than the general rate standard of wechat payment industry therefore, wechat payment has invested a lot of costs in the high-speed industry, which has been in a state of loss for a long time, and there is no plan to make a profit in the future.
Etc is divided into two types: Bookkeeping card and stored value card. According to the regulations of relevant national competent authorities, etc stored value card services are gradually decreasing. At present, etc stored value card merchants only serve a small number of stock users in a few regions.
since 2020, wechat payment has only adjusted the rate for etc stored value card business on the premise of compliance, and the adjusted rate is still preferential Anhui all-in-one transportation card holding Co., Ltd. operates the etc stored value card business. After the wechat payment rate is adjusted, it has fully communicated with the merchant and signed relevant agreements. However, we have just been informed that Anwei transportation all-in-one card unilaterally terminated the agreement.
For the etc account card widely used and advocated in the high-speed industry, wechat payment will continue to maintain the lowest industry preferential rate without any price adjustment. At present, etc charge card service can still use wechat payment normally in Anhui Province.
wechat payment down
fees paid by small and micro merchants
In March this year, wechat released the notice on further reducing the payment handling charges of small and micro merchants, which provides a 10% discount on the payment handling charges of all payment methods and scenarios on the wechat payment platform for small and micro enterprises and individual industrial and commercial households that meet the requirements of the standard regulations on the classification of small and micro enterprises issued by the Ministry of industry and information technology. In addition, from September 1, 2021 to September 30, 2024, users of personal collection code can participate in fee reduction and profit transfer activities to support change withdrawal and reduction.
Before the rate drop, the official wechat payment website showed that the rate of small and micro merchants ranged from 0.38% to 0.6%. Users do not charge for transfers through personal payment code, but users will charge a 0.1% service charge when WeChat pays and Alipay platform handles bank coffers.
Alipay and WeChat pay the user’s personal receipts code collection no transaction rate, the use of merchant payment code receivable about 0.4% of the transaction. Among them, catering, entertainment and other industries account for about 0.6%. If consumers pay by means of credit card or flower chant, the rate paid by merchants will reach about 0.8%.
From the currently published charging standard of wechat payment for enterprise customers, the charging standard of enterprise users ranges from 0.2% to 1%.
The charging standards of Party and government organs, institutions and other industries related to people’s livelihood will be relatively low. The registration and diagnosis and treatment of public hospitals are free of handling fees.
In other organizations, universities and public welfare funds are also free of charge.
It is understood that on January 6 this year, at the wechat open class, wechat payment Zhang Ying revealed in her speech that wechat payment has never made a profit in the collection business of small and micro merchants in the past few years and has always been in a state of loss.
