What is the difference between paying with Alipay or WeChat and paying by credit card directly? This problem can evolve into the difference between online payment and card withdrawal.

First of all, online payment is more convenient and faster. To pay by card, you still need to enter a password to sign and so on.

Due to the development of domestic online payment, more and more people are transferring money through Alipay or WeChat payment. There is no need to worry about the remittance failing due to the wrong account number. More and more people are transferring money through Alipay or WeChat payment, and the money in Alipay or WeChat is getting more and more every month. There is a handling fee for cash withdrawal, and the best way is to spend it.

When paying for consumption with Alipay or WeChat, it is very fast. Just scan the code and it is OK. No matter where you are in the world, there are no handling fees. When paying with a card, you still need to enter a password, sign, etc. Swiping your card in another place will also incur corresponding handling fees.

In fact, the difference between paying with Alipay or WeChat and paying by credit card directly is not very big. The biggest difference is two points. One is the handling fee, but which one is more convenient and faster.

As online payment becomes more and more perfect, I believe that card consumption will gradually be eliminated, and paper money may disappear. Anyway, I only carry my mobile phone without my wallet when I go out.

Paying with Alipay or WeChat is convenient, fast and has low handling fee. The payment by binding a credit card is about 0.38, and the payment by binding a debit card is about 0.25, with a cap of 12 yuan. Most people have set up fingerprint payment instead of password, and pay with payment code, just scan it.

Swipe your card directly, usually with a credit card, and there is no cap on the handling fee of 0.6. I also got two small tickets and one signature to keep on the bottom. You can also waive the visa for small amounts. However, payments are slow, so now bank cards (including credit cards) have Quick Pass function to solve the problem of slow payments. It is faster and more convenient than scanning the QR code or scanning the QR code at the merchant. You can just tap the card and pay. , it will be completed with one beep, and the payment information reminder will be immediately received on the mobile phone. This is also the reason why banks first recommend Quick Pass to counter the impact of scanning QR code payment. It’s just that there are relatively few merchants that have installed Quick Pass for payment. The reason may be that the machines are more expensive, and another reason is that customers have not yet developed the habit of Quick Pass. I'm optimistic about the Quick Pass, it's so cool, just like taking a bus, just click it and you're done. It would be perfect if the rate could be a little lower. After all, the payment rate for scanners and code scanning is .038 for credit cards and 0.25 for debit cards, but consumption over a thousand yuan is limited. The credit card payment rate is 0.6 with no cap, while the debit card payment rate is 0.5 with a cap of 20 yuan. The customer doesn't care, it's not his fault anyway. And merchants are definitely not willing to pay more for that kind of payment method.

In addition, the general limit for scanning code payment cannot exceed one thousand at a time, while there is no limit for card payment. Be careful when spending large amounts!

Alipay, WeChat and POS are all cashless payments.

Paying with Alipay and WeChat requires a bank card to be bound, and its nature is a cardless payment method in the form of account recharge.

The prerequisite for swiping a card at a POS machine is the presence of a card. However, UnionPay has also developed a Quick Pass method based on the NFC function of mobile phones, which can realize cardless payment at the POS machine.

To talk about the difference between these two methods, from a security perspective, each has its own pros and cons. The security factor largely depends on the cardholder's perception of the payment method.

In recent years, everyone has used their mobile phones to enjoy the fast payment methods provided by third-party payment institutions such as Alipay and WeChat. This convenience and speed has developed from online to offline, but at the same time, it is also convenient and fast. Bringing safety risks. To be honest, when there is no fast payment method, everyone’s awareness of the protection of personal information is weak. Even if personal information is leaked, it is just a few harassing phone calls. With the fast payment method, personal information includes name, ID number, and bank card number. , the mobile phone number reserved by the bank, and even the security of the mobile phone have become important safe payment factors in the payment process.

At first, everyone just enjoyed the convenience brought to us by this emerging payment method, and did not consider the many risk factors involved. The logical relationship of this fast payment was not clear. For the sake of memory, It is convenient to choose a unified password regardless of the login password or payment password, whether on the bank website or other online platforms, causing criminals to use credential stuffing and other means to crack the login password to carry out precise fraud on cardholders. Some even use phishing websites, Trojan virus links, etc. to obtain mobile phone verification codes. Therefore, Alipay and WeChat Pay still have higher requirements for personal information and mobile phone network security. Cardholders must know some mobile phones if they want to happily enjoy the speed and convenience they bring. Knowledge of security and network security is required! Quick payment must be bound to a bank card before it can be completed. The security of the customer's payment information (personal information, bank card information, etc.) completely depends on the risk control of the payment institution. The so-called risk control does not refer to the system but to the people. After all, people control the system, and news of certain payment institutions leaking customer information has been exposed before.

Let’s talk about POS card swiping again. POS card swiping consists of cardholders, card issuers, UnionPay, acquirers and special merchants forming a closed payment environment, from the acceptance of bank cards to the deployment of POS machines. The central bank and UnionPay have strict regulations on the issuance and maintenance of credit cards. Everyone strictly follows the regulations and the risks are of course controllable. When swiping the card, you can make purchases by relying on the bank withdrawal password set by the cardholder. The requirements for personal information are relatively fast. Not so comprehensive in terms of payment.

However, for the sake of short-term interests, some acquirers blindly develop special merchants and allow some fake merchants with no qualifications to enter the network. Some are even criminals who steal bank cards. They use technology to attack POS machines. Modifications were carried out to steal customers' bank card information, causing the POS machine to become a tool for criminals. They then copied counterfeit cards crazily and used them to steal money. However, banks have now launched chip cards that are difficult to copy to deal with this drawback. The central bank and UnionPay have also introduced A series of regulations have been adopted to standardize POS machines and bank card acquiring businesses, and a zero-tolerance attitude has been adopted towards acquiring institutions that violate regulations.

In short, although Alipay, WeChat payment and card payment are all cashless methods, due to different scenarios and different needs of everyone, it is impossible to fully replace each other. Although everyone now uses Alipay and WeChat to pay more , but after all, payment must be completed with a smartphone, and POS machines have a lower payment threshold than card swiping, making them more suitable for the elderly who do not know how to use smartphones and people who do not have the conditions to use smartphones.

When paying with Alipay or WeChat, if you have a balance in it, then you will pay with the balance in your Alipay or WeChat. If it says there is no rain, you can bind your bank card. Of course, the bank card for payment can be a savings card or a credit card.

Oh, if you have a credit card bound to Alipay and WeChat, and then pay through Alipay and WeChat, click to select this credit card. If you pay, then it means that you still use your credit card for this consumption.

Oh, as for direct card consumption, we mainly refer to this credit card, because few people use debit cards to spend money, because after all, it is the same as cash.

If you pay directly by credit card, it will be included in the bill. What is displayed is the name of your POS merchant. After this credit card is bound to Alipay or WeChat Quick Payment, it will display WeChat Pay. He couldn't display the specific merchant. In other words, Alipay and WeChat are reflected in your bank statement as a merchant.

Well, this is the essential difference between the two of them. Of course, their rates are different. The quick payment rates of WeChat and Alipay are relatively low, about 0.4. Nowadays, POS card consumption is basically around 0.6.

Oh, basically these are the differences. If there are any other differences? I may not be able to remember it for a while, so please leave a comment below and let me know, thank you.

Thank you for reading, please pay attention

Hello friends, Alipay or

WeChat payment is popular and convenient. It can be said that everyone is using it. We are all connected. Naturally, the question mentioned in the title is what many investors want to know more about. Speaking of which, there is really a huge difference between the two, mainly in two points.

The first huge difference is that the origin of fund payment is different:

In the words of ordinary people: payment by card means taking money out of our small treasury. When paying via WeChat and Alipay, you get money from our warehouse.

As the name suggests, a treasury is our account, which is specially used to put money, and a card is equivalent to a small treasury, which only holds the money of this card.

Whichever card you use to pay will have less money in the bank.

Warehouses are different. You can store all kinds of things and put different kinds of money together. For example, on WeChat, you can use your balance to pay, or you can transfer money to pay. This money may come from the Postal Savings Bank, or it may come from the Agricultural Bank of China, the Industrial and Commercial Bank of China, or the Bank of China.

Summary: There is a huge difference between the two. Alipay and WeChat payment are closer to cash payment from multiple sources, with fewer restrictions and more flexibility.

The second huge difference is the convenience and cost:

To pay directly by credit card, you first need the other party to be able to accept payment from this card. We have more than 4,000 banks, and there are countless types and ownership of bank cards. It is difficult for merchants to open them one by one. In addition, there are some other restrictions, there are certain limitations in credit card swiping, and there are also fee issues.

Alipay WeChat payment is integrated with a third-party financial platform, making payment on the Internet convenient. Just recognize the amount and don’t consider other issues. There are many other free value-added services, which are more convenient and easy to popularize.

Summary: Alipay and WeChat payment integrate all kinds of complicated payment methods into Dacheng,

and you can get rid of them all with one swipe. It really saves you worry and time, and there are details for easy enquiry.

In summary:

There is really a huge difference between paying with a bank card and paying with WeChat and Alipay. On the other hand, the two are closely related to each other. Binding WeChat to a bank card is the basis for transfer payment and red envelopes.

They complement each other and grow.

The biggest difference between Alipay, WeChat and credit card consumption is that both Alipay and WeChat are convenient and fast. (1) Alipay and WeChat can collect and pay money anytime and anywhere; you can do it at home, walking on the street, or going out if you want to shop or pay, but swiping a card may not work; (2). Alipay and WeChat can collect and pay money in one go. It means it’s done; (3). There are many payments where it’s impossible to pay with a card. For example: Didi Chuxing, bike sharing, takeout ordering, purchasing movie and TV memberships, online shopping, etc. Therefore, Alipay and WeChat have brought a lot of convenience to the people, making many things that were impossible before easier, more convenient and faster.

1. Technology, swiping a card directly is called cashless payment, and paying with Alipay or WeChat is called cardless payment. Technically speaking, it is a step further.

2. Rate. The rate for direct credit card swiping is generally around 0.6. Regardless of whether a credit card or a debit card is swiped, the merchant will bear a fee of 0.6 for the card amount swiped.

When paying with Alipay or WeChat, there will be two situations: first, when a merchant opens an Alipay merchant or WeChat merchant, Alipay will have a rate of 0.55, and WeChat will have a rate of 0.6. At this time, From a merchant's perspective, the fees he bears are similar to those of swiping a card directly. The second type is when a merchant uses an Alipay payment code or a WeChat payment code to collect payment. Because the payment code is zero-rate, the merchant does not bear any fees when collecting payment. At this time, the merchant reduces the payment compared to directly swiping the card. cost.

3. Consumers, whether they choose to swipe cards, Alipay or WeChat, there will be no additional fees. The only advantage of choosing Alipay or WeChat is that it is more convenient. Just go out and Just bring your cell phone.

There is a difference. The difference is not just a superficial understanding of whether to enter a password. Specifically, it can be understood this way.

First of all, for consumers, there are limits for using credit cards on WeChat or Alipay. If you spend a large amount, you need to call your card-holding bank to cancel the limit.

Secondly, for merchants, the rates they have to pay are different. POS machines generally charge a rate of 6/1000 for card swiping, but some payment codes charge only half of that at POS machines.

Thirdly, if you use Alipay or WeChat, your credit card may not have consumption points.

Finally, for security reasons, enable non-verification payment on WeChat or Alipay. Once the phone is lost, it is easy to be stolen.

If we want to talk about the difference, it is that everyone can accept the WeChat Alipay advertisement, but when it comes to swiping a card, some people don't even swipe a card, especially credit cards. The swiping of the card is relatively slow, and you have to enter the password again. To print a signature or something, it is generally not as convenient as using Alipay and WeChat.

First of all, we need to know that the two payment methods of Alipay or WeChat payment have brought us great convenience, and paying by card You also need to enter passwords, signatures, etc., and this method is also more troublesome. Due to the development of my country's network technology, more and more people are paying or transferring money through Alipay or WeChat Pay, so we no longer have to worry about payment failures caused by entering the wrong account number when transferring money.

And when we use Alipay or WeChat to pay for consumption, these two methods are very convenient and convenient. Just scan the code and enter the password to pay and consume. No matter where we are, we can Scan the QR code to transfer money directly, and there is no need to deduct handling fees. However, when we pay by swiping a card, we need to enter a password, sign, etc., and if the card is swiped in a different place, there will be corresponding handling fees, etc.

In fact, whether we pay with Alipay or WeChat, or pay directly with a credit card, the difference between the two is not very big. The biggest difference between the two is that first, the handling fee The second question is which one is more convenient and faster. And with the continuous development of the Internet, the technical level of online payment is also constantly improving. I believe that one day, card consumption will be slowly eliminated, and cash will slowly disappear. By then, we Just bring your phone with you!