What is a quick money deduction?

Quick money deduction usually refers to the operation of fund deduction through the quick money payment platform. Fast Money Payment is a company that provides payment solutions, providing online payment services for merchants and consumers. However, in recent years, quick money payment also faces some problems and disputes, including unreasonable deduction. Specifically, some users have reported that they have encountered problems such as malicious deduction and high-interest loans when using fast money payment. These deductions may be because fast money payment provides payment channels for some cash lending platforms, and these platforms have illegal operations, resulting in illegal deduction of user funds. In addition, fast money payment was also punished by the regulatory authorities for violating account management regulations, liquidation management regulations, and failing to fulfill customer identification obligations as required. These problems may also be related to the deduction of fast money payment.