How can Alipay withdraw cash without handling fees?Alipay cash withdrawal free tips

AlipayHow to make cash withdrawal fee-free? 4 major methods Alipay withdrawal is free of charge!

Everyone is using Alipay. In the beginning, Alipay’s transfer and withdrawal are 0 fee, but the leeks will be cut when they grow up, and Alipay is no exception.

Today's topic is that Alipay and Alipay are charged for cash withdrawal. How can Alipay be free of handling fees?do you know?Let's discuss together!

Alipay cash withdrawal fee?

Alipay announced to implement the withdrawal fee policy, which is said to be following theWeChat paymentAnother important payment tool after withdrawal fees.

It seems reasonable that WeChat Pay is ahead of Alipay in terms of withdrawals, but don't forget.

It is said that it will be permanently free for payment transfers.

How long has it been since Alipay started to charge withdrawal fees at 0.1%, which is different from banks.

The access rate is the same, then, is Alipay's decision to charge fees due to cost pressure?or other reasons?

Let's go back to the essence of the business, Alipay and WeChat Pay as third-party payment, need the support of the bank.

When each payment of a user is transferred by a multi-person transfer platform, the payment platform needs to transmit interface data with the bank.

Once the amount of data in the user's account changes, the bank will pay the payment platform the specific amount of the change based on the payment method, charging the funds at the appropriate rate.

Previously, WeChat Pay was because there were many retail investors on the platform.

The time spent on the platform is not as long as imagined, and the flow of funds will generate fees that WeChat cannot pay, so WeChat Pay began to charge users.

Now Alipay will also withdraw fees based on the reduction of comprehensive costs.

So, since there is a certain cost of transfer, why wait until now for WeChat cash withdrawal fees, and why does Alipay not introduce cash withdrawal fees?

Alipay and WeChat Pay forge competition

It is true that Alipay was released earlier than WeChat Pay, but now Alipay has unexpectedly caught up with WeChat Pay.

OnTaobaoAt the beginning of its establishment, users did not trust financial matters, Alipay was born, and users' funds temporarily existed between Alipay and Alipay as a third party in online transactions.

After the customer is satisfied with the transaction, Alipay will transfer the funds to the merchant's Alipay account.

This transaction process maximizes the security of user funds.

During this period, users' funds stay on the Alipay platform and generate revenue, so this payment model can continue.That's why Alipay still kept transfers free after WeChat started withdrawing fees.

Because Alipay believes in commodity transactions through Taobao, the flow of funds staying in Alipay is sufficient to support transfer costs.

Alipay decides to withdraw the free claim

Taking into account the comprehensive cost, Alipay decided to withdraw the free declaration and start charging, in order to avoid the time point of WeChat payment withdrawal, to win customers through this period of time, and avoid the embarrassing situation of WeChat payment.

So, is Alipay a good face?Could this reflect the difference between Alipay and WeChat Pay?

In 2015, WeChat paid a large number of users with the shock of "Spring Festival Gala" and "red envelopes".A few months later, it achieved the accumulation of Alipay users over a decade, so Alipay cannot stand still in 2016.

During this year, he2.69 billionThe price of Yuan won the media cooperation rights of the Spring Festival Gala, and wanted to use this to crack down on WeChat Pay.

But it was too late, WeChat Pay still accumulated a large number of users.

How does Alipay withdraw cash without charge?

1) Use the collection code to collect money:

• Open Alipay, and then click "Receive Money" to enter the personal collection page.
• Note: This free withdrawal service will continue until March 2021, 3.

2) Use Yulibao to withdraw money:

• The balance of Yu Libao is also free, and the money in Yu Libao can be transferred to the balance of Alipay;
• Then transfer Yu Libao from Yu’e Bao;
• Yu Libao is the same as Yu’e Bao, the money is put in it, and there is income every day.

3) Enable the Intimacy Number function:

• For example, to avoid transferring funds to someone else's card and incurring fees, families should enable the "Intimacy Number" feature to pay for family purchases.
• Click "More" on the home page, select "Funds", and enter "Intimacy Number".

4) Redeem Ant Points for Free Quota

If you have Ant Points, you can use Ant Points to exchange for free credit, so there is no fee for Alipay to withdraw cash.

The above are the 4 major methods shared by netizens for Alipay withdrawal without charge. Can you test to see if it works?