The China Payment and Clearing Association advocates that "password-free payment" should not be automatically enabled.

Today, the reporter learned from the China Payment and Clearing Association that with the rapid development and extensive application of mobile payment technology, the "password-free payment" business has greatly shortened transaction times and enhanced users' payment experiences by simplifying the payment process. While improving convenience, some payment service providers still have room for improvement in terms of business security management, and some users have weak security awareness. In order to further regulate the development of the "password-free payment" business and effectively protect user rights, the China Payment and Clearing Association has issued a proposal to payment service providers and users: payment service providers should further strengthen the security management of the "password-free payment" business. First, standardize authorization management to ensure the user's genuine intention. During the user enrollment process, rigorously verify user identity information, complete the user enrollment confirmation and "password-free payment" agreement signing on a prominent page to eliminate default enrollment behavior, fully guarantee the user's right to choose and be informed of opening the "password-free payment" business. Conduct a comprehensive evaluation of the risk preferences and business tolerance of the elderly, display core business terms prominently, and carefully open the "password-free payment" function for the elderly. Second, enhance merchant risk management and provide limit management functions. Reasonably determine the scope of "password-free payment" merchant enrollment based on merchant operating conditions, business scenarios, risk information, etc., to avoid providing "password-free payment" services to high-risk merchants. Combining operating characteristics and other situations, set targeted transaction limits for merchant "password-free payment." Third, strengthen transaction monitoring to prevent fund loss risks. Continuously enhance risk management capabilities through the construction of risk models and big data analysis. When abnormal situations such as users' transaction patterns not matching their daily consumption habits occur, intercept or verify in a timely manner to prevent user fund loss risks. Fourth, strengthen user rights protection. Provide efficient complaint handling processes to effectively safeguard user rights. If users no longer wish to continue using the "password-free payment" function, provide a convenient channel for them to close it. According to the actual needs of the elderly, actively push real-time or periodic "password-free payment" transaction-related information, provide a one-click query function for relevant information in a prominent position, and offer a one-click cancel function for "password-free payment". Fifth, keep track of business and regulations, pay attention to fund losses, service disputes, etc., and promptly and properly handle them.