Alipay Was Collectively "Cash In" By Small And Medium-Sized Sellers.

"Taobao new regulations" storm just now

A few days ago, in the 34158 group YY gathered by small and medium-sized sellers, there was a notice of "pro, what did you mention today?" the administrator appealed to the small and medium-sized sellers in the group to make withdrawals to Alipay and extract the balance from Alipay to the bank account.

In response, Alipay said in a statement that the rumor instigators were disrupting the financial order and suspected serious violations.

However, the small and medium-sized sellers emphasized that activities are a test of the ability of the seller and the consumers to pay for Alipay. The seller is disposed of his personal property according to law.

The dispute continues.

The dispute between the two sides is continuing.

Last Saturday evening, group Y Y group, which was "small and medium-sized sellers", organized the "audio rights protection party". Some "small and medium-sized sellers" changed the lyrics to protest against Taobao.

For this 21 day "withdrawals" activity, Alipay issued a statement that night: "the crowd who besieged the Taobao mall earlier this evening turned to attack Alipay, and incited the users to cash in on a massive scale by making rumors.

Rumor provocators disrupt the financial order and are suspected of serious violations.

Alipay customer funds are as safe as ever, and users are making withdrawals and so on.

Alipay has always entrusted all customers' deposit to the ICBC trusteeship and accepted the supervision of the central bank, so that all users can rest assured. "

But the statement did not calm the storm.

A day later, 34158 Y Y group protested that Alipay "

Yesterday, the director of public relations of Alipay said in an interview with reporters that "cash withdrawals" did not cause any real impact on Alipay. At present, users are using Alipay as normal.

Alipay said that Alipay implemented its own funds and customer capital account separation requirements.

Beginning in 2006, Alipay's customer payment commission was commissioned by the ICBC, and the monthly audit report was issued to all users on Alipay's front page.

On the 34158 Y Y group, the number of online users has dropped to 5000, far less than the previous 50 thousand.

A seller told reporters that even if action does not affect Alipay, it can also express its views, and this is a legitimate act.

In this regard, Zhao Zhanling, chief legal adviser of China Internet legal network, said that sellers from their personal accounts to withdraw cash is a legitimate act.

However, if the organizers deliberately incite others to cash in, they will be liable for the normal operation order of Alipay.

No. 34158 Y Y group also suggested that Alipay's "malicious run" and "rumor provocators disrupted the financial order, suspected of serious violations". It was a malicious slander and demanded that Alipay clarify the matter publicly and apologize.

Zhao occupation suggested that "small and medium-sized sellers" would withdraw the balance from Alipay to the bank account, which is the pfer of funds from Alipay to the bank. Only when "small and medium-sized sellers" raise funds from banks, will it be possible to involve the word "run".

"In a legal sense, a bank run against a state financial institution, such as a bank, means that the depositor contends to withdraw cash or cash from the bank, thereby causing the credit crisis of the currency."

According to the central bank's "non-financial institutions' payment service management measures", payment facilities received by the payment agencies do not belong to the property of the payment institutions.

Payment agencies can only pfer payment according to the payment instructions initiated by customers.

The payment agencies are prohibited from misappropriating their customers' deposits in any form.

According to Zhao occupation analysis, the third party payment institution is a non-financial institution. Under the stipulation of the client's payment to the bank's trusteeship, the user withdrawals the funds from the trusteeship bank and will not affect its operation.

"Financial institutions such as banks and other financial institutions will make use of deposits to make loans. There is no shortage of funds in Payment institutions at present. There is no" run on ".

However, although Payment institutions do not have the right to use customer reserves, they may also gain benefits.

A paid industry insider who asked not to be named told reporters in Nandu: "customer payment is also known as" precipitation fund ". The central bank clearly stipulates that it is not allowed to divert precipitation funds, but there is no definite provision for the income generated by precipitation funds, such as interest, and the practices adopted by various payment companies are different.

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Margin crisis

In fact, with the launch of a series of seller support programs last week by Taobao mall, the number of online users of group Y Y 34158 has plummeted.

After the announcement of the Ministry of Commerce, Taobao mall launched a silver bullet policy worth 1 billion 800 million on the 17 day.

According to Taobao mall, Taobao stores can pay half of the new rules within 2012 years under the new rules.

The other half, from Alibaba group, has 1 billion yuan as a consumer guarantee fund, which is supervised by the Zhejiang industrial and commercial bureau and managed by the Bank of China.

At last week's conference, Ma said that Taobao's new rules were not clear about buying YAHOO's "money".

"Some people say that Alibaba is interested in the interest of these deposits.

In fact, the interest on the money may not be enough for the group to buy Printing paper. "

Ma Yun said the margin was frozen in the merchant's own Alipay account, and the Alibaba group had no right to use the margin.

But even so, some sellers in group 34158 Y Y still question the flow and use of billions of dollars in margin.

Such doubts eventually let action spread to Alipay.

According to Ma Yun's prediction, there are about 2500 merchants affected by the new regulation, which account for 5%. of the total number of sellers in Taobao mall, which is likely to leave Taobao mall in the end.

Su Huiyan, an analyst at Ai consulting, analyzed that the early entry of Taobao mall had a low entry threshold, and the quality of merchants was different. After development, it was necessary to raise the threshold and compete for the fittest.

"If your platform service is 10% in the back, we won't give you any support, especially the fake goods," Ma said.

Not every seller of Taobao mall can benefit from 1 billion 800 million of the support policy, and this confrontation is continuing.