Many clients will encounter issues regarding fund collection, agent commissions, refunds, and the distribution of lottery prizes for promotional activities when building e-commerce platform. They may think that since all the money is in the WeChat Pay wallet, it will be okay to just make interfaces and then distribute the funds. In fact, there are significant differences among these funds. Because there are two accounts in a merchant's WeChat Pay account, namely a basic account and an operating account. The funds in the basic account are for the merchant's daily receipts and refund operations during normal business. If there is a need for refunds within the e-commerce platform, the money can be directly refunded to users through the original payment channels from this account. Currently, the funds in the operating account can only be transferred in via bank card transfers and cannot be allocated from the basic account. The funds in the operating account can be used for deductions when it comes to paying agent commissions, issuing coupons for marketing activities, giving out red envelopes, and so on. Before 2022, the operating account of WeChat Pay could be withdrawn to the basic account. However, since the end of 2022, the WeChat Pay Merchant Platform has recently made adjustments and canceled the transfer ability between accounts. This means that the funds for operating businesses should be sourced from the operating account, and the funds must be recharged via bank cards, with each fund being used for its specific purpose. Moreover, the most important point is that WeChat Pay is under the supervision of the state. The basic account can only be bound to the enterprise's corporate account for cash withdrawals and cannot be bound to personal accounts. This also implies that every transaction within WeChat Pay is subject to taxation. Therefore, for those who want to build e-commerce platforms with a distribution commission mechanism, this point must be carefully considered. Alright, we are Yiyun Technology. Follow us. You need a reliable team.