On April 20th, the online merchant bank announced that it would gradually suspend Alipay's cash withdrawal or transfer to the online merchant bank account from April 2nd, 20231day, and the online merchant bank account only supports my own bank account transfer.
If a merchant needs to withdraw the balance of Alipay and transfer it to the online merchant bank, he can first withdraw another bank card of his own and then transfer it from the bank card to the online merchant bank. At present, merchants who collect money codes do not need to pay handling fees to withdraw Alipay balance to bank cards.
The adjustment of business means that the original way of "borrowing money" from online merchant banks to realize free cash withdrawal no longer exists.
Before this business adjustment, it is free for users to transfer the money in Alipay balance to the online merchant bank. This part of the cost is mainly paid by the online merchant bank. After the money is transferred to the online merchant bank, it will be withdrawn to its bank card through the online merchant bank. This will save a handling fee than directly withdrawing money from Alipay to the bank card.
In fact, since its establishment, many businesses of online merchant banks have been "deeply bound" with Alipay platform. Relying on Alipay's payment data and huge customer flow, online merchant banks grew significantly in the early stage. Behind this move and Alipay's "cutting", we still have to do it.
"Cut" with Alipay and suspend cash withdrawal and transfer.
For a long time, supporting Alipay to withdraw large amounts of free cash is a major advantage of online merchant bank accounts. In the official introduction, it is also pointed out that the advantages of the account include convenient transfer, such as transfer to Alipay and bank account, no inter-bank handling fee, and the maximum amount of a single transaction is 1 10,000.
Nowadays, the "free bridge crossing" service previously provided by online merchant banks no longer exists, which is related to the continuous strengthening of supervision over class accounts in recent years.
Tracing back to 20 16, the Notice of the People's Bank of China on Implementing the Classified Management System of Personal Bank Accounts issued by the central bank stated that bank accounts are divided into three categories, each of which has corresponding requirements on account opening methods, functions and transfer amount. Among them, the opening of class households requires bank staff to verify identity information on the spot; If the bank staff fails to verify the identity information on the spot, the depositor can only open a class or class account.
Two years later, on 20 18, the central bank issued the notice on improving the classified management of individual bank accounts again, clearly stipulating that "all kinds of bank accounts cannot be directly deposited from payment accounts".
The above policies will have a certain impact on online merchant banks. Internet banks such as e-commerce banks are only allowed to set up an offline outlet, so customers' accounts are basically second-class accounts, and the problem of deposit and withdrawal between such accounts and payment accounts has a long history.
It is worth noting that in the past year or two, the rectification around the ant group is being carried out in an orderly manner. In addition to supervision, it is not known whether the suspension of Yu 'ebao's transfer to online merchant banks is related to the "deep binding" of Ant Group's initiative to adjust various businesses in the ecology.
Since the suspension of listing of Ant Group in June, 2020 (5438+065438+ 10), the regulator has conducted three rounds of interviews with it. The latest one was April, 20265438 12, in which there were detailed rules for correcting unfair competition in payment business, giving consumers more choices of payment methods, disconnecting Alipay from other financial products such as "Bai Hua" and "loan", and correcting irregularities such as embedding credit business in payment links; Implement strict prudential supervision requirements, improve corporate governance, severely punish illegal financial activities such as credit, insurance and wealth management, and control high leverage and risk contagion.
Subsequently, on 202 1, 1 1, Ant Group announced that Baijie began brand isolation, and the services provided by Ant Consumer Finance Company would continue to display the "Baijie" brand, while the credit services were independent.
The predecessor of online merchant bank was born out of Ali Small Loan.
The predecessor of e-commerce bank is Ali Small Loan, and its products include Ali Credit Loan, E-commerce Loan, Taobao Credit Loan and Order Loan. On August 20 14, Alibaba Group and Ant Financial reached a brand-new equity and asset purchase agreement, and Alibaba Group sold the assets of SME loan business to Ant Financial.
2065438+September 2004, the online merchant bank was formally established. After the establishment, the online merchant bank "deeply" bound Alipay with the resources of the major shareholder Ant Group.
Different from traditional banks, online merchant banks mainly provided financial services for Taobao merchants (new retail), offline small and micro merchants (code merchants) and rural users at the beginning of its establishment.
By 20 17, online merchant banks increased their investment in new retail and code merchants, and new trends appeared again. Based on the ant financial service ecology, the "multi-charge loan" product was launched to provide small loans for offline small and micro businesses on the basis of the running water data of Alipay collection code. This means that the loan amount of merchants is directly proportional to the flow of Alipay payment code. The more payment codes paid by Alipay offline, the greater the loan amount.
Obviously, products that overcharge and borrow mainly rely on Alipay's payment code to obtain rich customer resources. By the end of 20 17, this product has served more than 1 10,000 small and micro customers.
Coincidentally, Yu also relies on Alipay, which is a cash management product for individuals, small and micro enterprises and small and micro operators. By the end of 20 17, "Bao Yue" had served 6.75 million customers.
As the online merchant bank said in its 20 17 annual report, it uses the information accumulated by customers on Alibaba B2B, Taobao, Tmall, Ant Financial Alipay and other platforms to provide small loans to small and micro customers who usually cannot obtain loans through traditional financial channels.
As we all know, Alipay, as a payment tool, has payment data of merchants and individuals. Through the payment data, a clear portrait of the lender can be obtained, which can solve the customer quality problem of small and medium-sized enterprises to a certain extent, and is beneficial for online merchant banks to measure the qualifications of loan customers and realize risk control.
In addition, hundreds of millions of customer resources behind Alipay can also provide transformation. Now, online merchant banks can still be seen on Alipay platform.
According to its year
According to the newspaper, since its opening, by the end of 20 17, the online merchant bank had provided services to 57 10000 small and micro enterprises and individual operators, with an average loan balance of 28,000 yuan. According to the data of official website, up to now, the online merchant bank has served more than 40 million customers of small and micro enterprises and small and micro operators.
Shen Guojun, Shi Yuzhu, Guo Guangchang, etc
Capital blessing online merchant bank
As one of the Internet banks, the online merchant bank was born with a "golden key" and supported by many luxury shareholders.
Dating back to 2065438+September 2004, CBRC announced that the first batch of five private banks had all been approved for construction, and online merchant banks were among them.
From June 2065438 to June 2005, the online merchant bank was officially opened, initiated by Ant Group, and included six shareholders, namely Wanxiang Sannong Group Co., Ltd., Ningbo Jin Run Asset Management Co., Ltd., Shanghai Fosun Industrial Technology Development Co., Ltd., Hangzhou Hebo E-commerce Co., Ltd. and Golden Food Co., Ltd. According to the enterprise survey, the shareholding ratios of the above six shareholders were 30%, 26.78% and 65,430 respectively.
Behind these six shareholders are Ant Group, Wanxiang Group Lu Weiding, China Yintai Investment, Shanghai Fosun Guo Guangchang, Jinzi Ham, Hangyi and e-commerce Shi Yuzhu, which shows the strength of the shareholder lineup.
Wanxiang Group, Yintai Investment and Golden Ham are all local enterprises in Zhejiang, and together with ants, they are Zhejiang businessmen. Guo Guangchang, Shi Yuzhu and Ma Yun have been friends for many years. Obviously, the shareholders of the online merchant bank are closely related to Ma Yun.
With the blessing of a group of capital tycoons, the performance of online merchant banks is in the middle and upper reaches of private banks, second only to Weizhong Bank.
According to the financial report of the online merchant bank, from 20 16 to 2020, the bank's net profit was 3160,000 yuan, 404 million yuan, 658 million yuan,12.56 million yuan and12.86 million yuan respectively. Weizhong Bank's financial report shows that from 20 16 to 2020, the bank's net profit is 40 10/00000 yuan,144800 yuan, 2.474 billion yuan, 3.95 billion yuan and 4.957 billion yuan respectively.
The data shows that the net profit of online merchant banks from 20 17 to 20 19 increased by 27.85%, 62.88% and 90.79% respectively. Compared with the previous three years, the growth rate of the bank's net profit in 2020 dropped sharply, only slightly increasing by 2.39% year-on-year. The growth rates of Weizhong Bank from 20 17 to 2020 are 26 1. 1%, 70.86%, 59.66% and 25.49% respectively.
The reasons for the slowdown in net profit growth of online merchant banks in 2020 can be seen from their annual reports. Its asset impairment loss in 2020 was 3.597 billion yuan, up 65,438+065,438+07.47% year-on-year. Increasing the asset impairment loss by 1 times dragged down the net profit of online merchant banks.
In addition, due to the rapid scale expansion and epidemic situation, the NPL ratio of online merchant banks increased from 65,438+0.3% at the end of 2065,438+09 to 65,438+0.52% at the end of 2020. This non-performing rate has exceeded most city commercial banks and rural commercial banks.
The rapid expansion of total assets, coupled with the lack of advantages of the debt side of online merchant banks, is bound to acquire customers through high pricing on the asset side, and the customers acquired through high pricing are obviously left by most offline physical banks, which is a challenge for online merchant banks.
This article comes from Global Tiger Finance app.
Related Q&A: Is it risky for online merchants to deposit money in banks? The deposit within 500,000 yuan is safe and secure! Although the online merchant bank is an online bank, it is still a formal bank approved by the China Banking Regulatory Commission. The business of formal banks usually includes taking deposits, so is it risky to deposit money in online merchant banks? Attention, everyone, as long as the deposit in the online merchant bank is less than 500 thousand, the principal and interest are guaranteed. Online merchant bank deposit risk 1, deposit risk: zero risk within 500,000. The reason why the risk of saving money in online merchant banks is divided into two parts is mainly related to the products of online merchant banks. There are three kinds of deposits in online merchant banks: demand deposits, time deposits and random deposits. The positioning of the online merchant bank for this product is deposit. Deposits are usually guaranteed by the principal, and the expected income is stable, so the deposit risk is zero. At the same time, even if the online merchant bank goes bankrupt, there will be deposit insurance to pay for deposits within 500 thousand, so that deposits have no worries at all. 2. Capital risk: I have a low risk of saving money in the online merchant bank, and there is another case where money is surplus. Bao Li itself is an asset management tool, which is connected with the products of the Monetary Fund. Monetary fund products are all low-risk products with stable expected returns, and only extreme markets are likely to lose money. Jade has never lost money since its launch, so it is risky to deposit money in jade, but the risk is very low. Summary: If you choose deposit products, there is no risk within 500,000 yuan. If you choose, you need to bear the investment risk yourself. However, generally speaking, the risk of saving money in online merchant banks is very low. Even if the bank fails, the insurance company will pay for the deposit. Don't worry, the money will be deposited in the online merchant bank.