Research report on MYbank and WeBank

Original link: https://www.blueskyxn.com/202208/6433.html

网商银行和微众银行的调研报告

Card and binding

WeBank, the card is a UnionPay card organization, and the BIN of the card is a 19-digit UnionPay card number of 6236 3300. It is clear that it will be affected by the limit of two types of cards (20w per day, 1w/year, and bound accounts are not counted)

MYbank, the card does not have a card organization, the card BIN is a 16-digit bank card number of 6666 6612, which is theoretically affected by the limit of two types of cards, but the rules are not clear

WeBank App supports transfer to MYbank, but does not support binding to MYbank

MYbank App supports binding to WeBank, but only transfers to WeBank

Since Weizhong is a UnionPay card, Weizhong Bank supports binding WeChat/QQ/Jingdong/Pinduoduo Pay, UnionPay QuickPass, ApplePay/VivoPay, Jingdong Pay, but cannot be bound to WingPay and Meituan Pay

Since the online merchant does not have a card organization, it is not possible to bind WeChat/QQ/ApplePay/VivoPay/Pinduoduo/JD.com/Meituan Pay, UnionPay Cloud QuickPass, except Alipay, I haven’t found any place to use it.

Internet banking situation

MYbank

[Old online merchant banks may have different situations]

  • UnionPay QuickPass transfers and deposits are not supported
  • However, you can transfer and deposit money through bank apps, such as Bank of China and WeBank, some of which can be identified and others to be manually selected.
  • At the same time, you can also make deposits through the Alipay App, and quickly pay the deduction to deposit funds (this deduction does not support WeBank, nor does it support the balance/Yue Bao in Alipay) [This deduction supports the second-class card that has not been verified (try Ping An). and Pudong Development)], displayed to Alipay for payment/consumption.

When MYbank conducts online banking transfer out, the FAQ says that when the current licensed MYbank 2 types of accounts are transferred to others (with consumption interoperability), a single transaction is 50W, a single day is 100W, and a single year is 500W (normally, the standard limit for type 2 households, Day 1W Year 20W), it looks like it can be transferred to other people’s Alipay and bank cards. At the same time, I tried it, and it is not the same mobile phone number but the same person’s Alipay account can indeed deposit and withdraw money. Of course, there is no way to check whether there is a consumption limit.

According to communication with online customer service:

  1. “Your current MYbank account is a second-class account, and MYbank’s second-class account will gradually be adjusted to only support the transfer to the bank account bound by yourself. For the specific situation, please refer to the actual information displayed on your page.”
  2. “Corresponding to your online merchant bank account, the fast payment limit is 10,000 for a single transaction, 10,000 for a single day, and 200,000 for a year. It has a fast payment limit that is open to a single transaction of 500,000, 1 million per day, and 5 million per year. , so the specific amount still needs to be based on your actual payment page. “It seems to be indefinite, and it depends on the person.
  3. At the same time, he also told me that if I want to open a Category 1 household, I need to go to Hangzhou to apply for it (documents: 1. Original ID card. 2. Auxiliary identification materials: the city (county) household registration book/residence certificate/social security card/social security payment certificate /Certificate of payment of water, electricity and coal/certificate of real-name mobile phone number and network access for one year. 3. Proof of funds: proof of income for the past 3 months, proof of assets within a week, and bank settlement account transaction flow for the past 3 months).

WeBank

Since it is connected to UnionPay, all kinds of UnionPay transfers are possible, but please note that the upper limit of WeChat withdrawal is the upper limit of the amount you can use to recharge WeChat with this card (equivalent to not allowed).

In addition, it does not support binding Alipay, but it can receive transfers from MYbank.

Note that for WeChat Type 2 cards, the transfer of unbound accounts is subject to a daily limit of 20w per 1w year (at the same time, Type 2 cards do not support deposits from unbound accounts).

Of course, WeBank can also bind a credit card and make repayments, which should not count as a limit.

Binding account identification should be able to correctly connect external bank transfers and cloud QuickPass transfers.

WeBank’s robot customer service said that the current account upgrade business adjustment and system upgrade, the specific recovery time can not be determined (that is, sent)

Digital RMB Test

WeBank Debit Card

Bank of China: Identifies the issuer, but says that the wallet level does not support

WeChat / Postal Savings / Construction / Bank of Communications: Identify the issuing bank, but say that the bank card is not supported for the time being

MYbank: Directly said that the card number was entered incorrectly

WeChat App-Digital RMB-Bank Card, although there seems to be WeBank to choose from here, but it is prompted that the account does not support such transactions

MYbank Debit Card

It is also the case that these wallets have failed, some are not supported by the pop-up window, and some are prompted in red

But when Alipay App-Digital RMB-transfer function

To support the card that has been verified, you need to add it in the Alipay App-Digital RMB-Wallet Settings-Bank Card, add it here, and support the debit card of the online merchant bank, but even if it is added here, the digital RMB App will not be displayed. Commercial bank debit cards can indeed deposit and withdraw funds, but it takes seconds to deposit and withdraw coins, and it is not within seconds to withdraw coins.

Other bank cards that have not been verified will be prompted to upgrade, and the upgrade will be rejected by the bank

Of course, credit cards, international cards, Alipay balance, Huabei are not supported.

Why do you recommend MYbank and WeBank?

First of all, these two applications are online, and there are almost no outlet counters, so generally, cards are rarely frozen randomly, and they are second-class households without face-to-face verification.

MYbank + Alipay is fairly normal, WeBank + others (WeChat, JD.com, Apple Pay, Cloud QuickPass, etc.) perform well, of course, subject to limits.

In addition, opening an account only requires the app to open directly, and it is not difficult. The online business also supports Alipay and the online business bank to transfer digital renminbi.

At the same time, Weizhong’s current +, the interest rate is high and easy to use. The online merchant’s Yulibao can withdraw 10w for free (from Alipay), and saving money can also increase the Alipay withdrawal limit (equivalent to 100% extra reward, 1 yuan interest will send 1000 yuan free cash withdrawal limit, worth 1 yuan)

Weizhong still has a lot of small wool, which can be exchanged for JD E-cards.

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