Advantages and disadvantages of cashing small payments

The advantage of cashing small payments

Small payments are not small cell phone loans or micro-payment loans… Credit delinquents and unemployed people can simply use small payments if they have a mobile phone, and they are not required to submit documents such as personal information or income evidence.

Due to the nature of cashing small payments, it is usually done without a visit (stage), so it is easy to make transactions by simply 소액결제현금화 sending the gift certificate pin number (certification number) and the account number to be deposited by phone or Kakao Talk.

The micro-payment cashization process is simple as above and is not subject to time/space constraints, so it is available 365 days, 24 hours a day, anywhere in the country, and anytime when money is urgently needed.

The small payment limit and information fee limit are reset as of 00:00 on the 1st of every month, so you can use it every month if you don’t pay the bill. Advantages and disadvantages of cashing small payments

Disadvantages of cashing in small payments

When cashing gift certificates, small payments, and information fees, you have to take some damage because you can’t sell it (cash) at the face value you paid, whether you do it through the company or directly. It’s not an exact analogy, but it’s similar to a used price (price) that sells a new product at a slightly discounted price.

The process of cashing in small payments is that the seller sends the authentication number (pin number) to the buyer first, and the buyer deposits the money after confirming whether it is normally available. However, if the buyer does not deposit after receiving the authentication number with malice, it often becomes helpless. (To prevent such fraud damage, you need to make a deal with a vendor with a business license.)

If you don’t pay your mobile phone bill, you’ll be blocked from making small payments and you’ll be blocked from making payments due to policy difficulties, making it difficult to cash in through small payments. Even if you break through the policy of not paying small payments by using the method of cashing in small payments for unpaid phones, your fees (about 40%) will be expensive.

Excessive use of small payments without planning could lead to a non-payment policy or lead to non-payment or arrears due to the burden of mobile phone bills. (That doesn’t mean financial credit.)

Type of cashing method for micropayment

There are three types of cashing for micropayments on mobile phones: cashing gift certificates, cashing small payments, and cashing information fees, depending on what you pay for. Let’s find out the characteristics and differences of each micropayment cashing method.

In particular, read carefully the difference between cashing gift certificates, micropayments, and information usage fees, and how much the difference in fees is.

How to cash gift certificates

In general, I think cashing in small payments on mobile phones is cashing in gift certificates. However, the cashing of micropayments is not the cashing of gift certificates.

The way to cash gift certificates is to pay mobile gift certificates at the market (One Store, T-money, Google Play Store, Cultureland, Happy Money, etc.) and sell them to buyers of gift certificates and exchange them for cash.