Do you really understand the credit card POS machine? Is it right?

Xiaobian on the detailed explanation of pos, do not know how friends can look!

The rate of credit card processing fees has been adjusted since September 6, 2016, and the proportion of the entire system has also changed. The original card issuing bank, UnionPay, and payment company, the ratio of the three parties 7:1:2 has been broken. The original 1.25, 0.78 rates do not exist, the current rates are divided into three types: standard category 0.6%, reduction class 0.38%-0.48%, public welfare class 0 rate.

The standard class 0.6 rate is composed of: 0.45% of the issuing bank, 0.0325% of the UnionPay (received separately from the issuing bank and the payment institution), and the handling fee charged by the acquiring institution=0.6%—the issuing fee of the issuing bank—the UnionPay network service fee. Reducing and exempting categories: the issuing bank charges 0.325%, UnionPay 0.0325% (received separately from the issuing bank and the payment institution), so the fee for the reduction and exemption class is generally 0.38%-0.48%. The public welfare category 0 rate can be seen from this, the payment company's cost rate is 0.4825%, and the payment company's rate space is (0.6-0.4825)%. However, the operating cost of the payment company is relatively high. The payment company must guarantee a rate of about 0.54% to maintain its own operation. Other fees must be extended to the agent, so if you see a rate of around 0.5%. The pos machine is definitely a set of reduction or exemption class, so the standard class fee of 0.6% is the most reasonable.

In addition, there are still people who want to swipe the credit card to cap the machine. Here again, the credit card cap has been canceled. If you can also see a variety of sellers who promote their low-rate cappers, as long as you buy them back. I know what will happen.

For example, if a single ticket is 30,000, if the fee is calculated according to the preferential rate, the cost of the fee will be about 100 yuan. If the payment company only charges 40 yuan, it will definitely lose money, because the bank deduction fee is based on the code. Billing, not the industry type billing of the merchant name on the bill, so you see the standard merchants such as restaurants and hotels on the bill, but in fact the capping machine must be a non-profit merchant who jumps to the 0 rate. If you frequently swipe your card on such a machine, your credit card will be very dangerous. If you accidentally, you will be derated by the bank or even blocked.

When you are in the POS machine, you should first ensure safety and then consider saving money.