Article 2 The term "credit card business" as mentioned in these Measures refers to the credit card business operated by domestic banks (including domestic banks and overseas banks) in China with the approval of the People's Bank of China. ...
Article 3 Non-financial enterprises and institutions and representative offices of overseas banks in China shall not handle credit card business or act as agents for overseas credit card business.
Article 4 All banks engaged in credit card business within the territory of China shall abide by the provisions of these Measures.
Article 4 Credit cards are divided into business cards and personal cards according to users. According to the credit rating, it is divided into gold card and ordinary card; Divided into RMB cards and foreign currency cards by currency; According to the carrier material, it is divided into magnetic stripe card and smart card (hereinafter referred to as ic card).
Article 5 Commercial banks may not issue credit cards without the approval of the People's Bank of China.
Non-financial institutions, non-bank financial institutions and representative offices of overseas financial institutions in China shall not engage in credit card business.
Article 6 The People's Bank of China is responsible for the management and coordination of credit card business nationwide, and all card-issuing banks are responsible for the organization, management and coordination of credit card business in this system.
Article 7 Commercial banks engaged in credit card business shall, in accordance with these Measures and other relevant rules and regulations issued by the People's Bank of China, formulate a credit card business charter and submit it to the People's Bank of China for approval.
Article 8 The credit card departments of commercial banks are internal business departments and may not be established as independent accounting and self-contained legal person institutions.
Article 7 The term "credit card" as mentioned in these Measures refers to all kinds of media that record the relevant information of the cardholder's account, have the function of bank credit line and overdraft, and provide relevant banking services for the cardholder.
Article 8 The term "credit card business" as mentioned in these Measures refers to the banking services provided by commercial banks using bank cards with credit limit and overdraft function, mainly including card issuing business and acquiring business.
Article 9 The term "card issuing business" as mentioned in these Measures refers to the relevant banking services provided by card issuing banks after signing contracts with qualified customers according to the evaluation results of customers.
Card issuing business includes marketing promotion, credit approval, card production and issuance, transaction authorization, transaction processing, transaction monitoring, fund settlement, accounting processing, dispute handling, value-added services and debt collection.