Several banks shut down the deposit function of ATM QR code

CTOnews.com September 10 news, Code scanning payment "has undoubtedly become one of the current mainstream payment methods, And in order to keep up with this trend, Many banks have previously launched ATM" Code scanning deposit "" Code scanning cash withdrawal "business, Convenient users in ATM business. However, many banks have recently offline ATM QR code deposit business.

The ATM QR code deposit function of China Construction Bank, Bank of China and Guangfa Bank has been closed on August 19, August 29 and September 3 respectively. At present, ATM machines cannot find the QR code deposit function.

In addition, some bank branches have recently closed this function for six times. However, China Construction Bank and Bank of China still retain ATM QR code withdrawal function, and also support mobile banking reservation withdrawal.

Industry insiders analysis, banks have closed ATM two-dimensional code deposit function is mainly to implement regulatory requirements, protect customers 'capital security. Bank of China and other units responded that in order to prevent telecom fraud and money laundering risks, users must hold cards to make transactions for the safety of customers 'funds.

CTOnews.com understands that the ATM QR code deposit function of each bank is similar. Users need to find this function on the ATM machine, and then log in to the mobile bank to scan the QR code to select the deposit account and input the password to deposit cash in the ATM machine. No physical card is required, and customer information cannot be accurately identified, which may not fully comply with regulatory requirements.