After accepting customers' credit cards, stores have to pay 2% to 3% handling fees to banks and credit card centers. It's called a credit card fee. 20 12 1 1 The central bank issued relevant notices, and the fee reduction only involves the consumption transactions of domestic bank cards. The Regulation on Merchants' Card-swiping Fees, which was implemented in 2003, was abolished at the same time on February 25th, 20 13, and the overall rate of card swiping was reduced by 23% to 24%. After accepting the customer's credit card, the special store has to pay 2% to 3% handling fee to the bank and credit card center. In order to save costs, some manufacturers will ask cardholders to pay extra handling fees, because credit cards must be invoiced, which makes it impossible for shops to evade taxes.
Swiping a card on a POS machine is the most common way to use a credit card, and it is also a way to swipe a card online. When swiping a card, the operator should first check the validity period of the credit card and the cardholder's surname. Then, according to the issuing bank and the currency to be paid, select the corresponding POS machine, draw the magnetic stripe of the magnetic stripe credit card on the POS machine, or insert the chip credit card into the card slot, connect with the payment gateway such as the bank, and input the corresponding amount. After the remote payment gateway receives the information, the POS will print a receipt (at least two copies) for credit card payment, and the cardholder should sign the receipt after checking that the information on the payment receipt is correct. After checking the signature on the receipt and the signature on the back of the credit card (including the complete name matching and the basic handwriting matching), the operator sends the credit card copy and the credit card payment receipt to the cardholder. At this point, the credit card swiping program on the POS machine is completed. From the cardholder's point of view, online payment is considered to be one of the most risky payment methods for credit cards, because malicious people may steal user information by means of phishing, eavesdropping on network information, impersonating payment gateway and so on. When paying online, you need to enter the card number, the validity period of the credit card, the Visa CVV2/MasterCard CVC2/ UnionPay CVN2 numbers next to the signature column on the back of the card, the online transaction password, and sometimes you need to enter the name and the verification code randomly generated by the webpage. After the input is completed, click Submit to complete the online payment. With the development of the Internet, the security of online payment and credit card payment has gradually improved, which has also blown up the trend of online consumption.