What is credit card payment? How to handle it?

credit card pad, also known as credit card repayment, generally means that credit card users can't pay off all the money in the current month, but want to pay back in full to get interest-free or points. Or the user is unable to repay the money, and delays the repayment time by paying the prepayment fee every month. The specific process of credit card repayment is as follows: 1. The payer takes your credit card and goes to the repayment bank first; 2. Wait for about ten minutes after paying back the money, and then cash out all the money just returned on his POS machine; 3. The credit card holder pays the handling fee (1%-3% of the repayment amount) to the repayment agent, and the bank determines that the credit card practitioner has fully repaid and fully consumed. 4. Interest-free and send the next bill. In fact, according to bank regulations, credit cards cannot be delayed for one day. Otherwise, it is expected, and late fees and interest will be charged. You can't just pay interest, you must also pay the minimum repayment amount, otherwise it will be overdue, and there will be constant telephone calls from bank personnel. When credit card users can't pay the minimum repayment amount in a short period of time, or can pay the minimum repayment amount, but don't want to pay high interest, they usually choose credit card to pay back.

Is there a credit card near Shenyang Joy City?

Yes, what do you mean by the Scala machine? There is one near the Wal-Mart service desk opposite Joy City.

But what does it mean to pay the 2 yuan handling fee and deduct the credit card cushion from the machine?

Credit card cushion is also called credit card repayment, which generally means that credit card users can't pay off all the money in the current month and want to pay it back in full to get interest-free or points. Or the user is unable to repay the money, and delays the repayment time by paying the prepayment fee every month.

Process of credit card repayment:

The specific process of credit card repayment is: the payer takes your credit card and goes to the repayment bank first. Wait for about ten minutes after paying back the money, and then cash out all the money just returned on his POS machine. The credit card holder pays the handling fee (1%-3% of the repayment amount) to the repayment agent, and the bank determines that the credit card user has repaid in full and consumed in full. Interest-free and send the next bill

Extended information

It is not illegal to repay on behalf of others. However, the credit card pad also involves the repayment, which is brushed out in the form of cash. However, in the recent Interpretation on Several Issues Concerning the Specific Application of Laws in Criminal Cases of Impairment of Credit Card Management, it is clearly stipulated that cashing out is illegal.

The Interpretation also stipulates: "In violation of state regulations, using point-of-sale terminal equipment (POS machines) and other methods to directly pay cash to credit card holders by fictitious transactions, false pricing, cash return, etc., if the circumstances are serious, it shall be punished as illegal business operation according to the provisions of Article 225 of the Criminal Law."

the essential feature of credit card cashing is to directly convert the credit line in the credit card into a cash set by cheating. Because the cash-out funds are separated from the normal credit management channels of banks and the management sight and control of the regulatory authorities, it has seriously damaged the management order of China's financial market and buried unstable factors in the overall financial order of the country.

Punishment:

The essential feature of credit card cashing is to convert the credit line of a credit card into a cash set by cheating. Cash-out merchants collude with cardholders to make false transactions with credit cards, which is actually a disturbance and violation of financial order.

before, due to the lack of clear legal basis, the relevant departments could only impose soft penalties on cashing merchants such as taking back POS machines and stopping transactions, and it was difficult to effectively curb the spread of cashing behavior from the source.

Reference: Baidu Encyclopedia-What does credit card pad mean?

to withdraw cash is to withdraw cash from your credit card through the pos machine. Maturity is the amount in your credit card. After using it, you can't afford it on the repayment date. Some people will give it to you, but a certain handling fee will be charged.

how to return the credit card pad

At present, the common credit card repayment methods in China mainly include the following categories (according to the level of fees):

1. Repayment in the issuing bank

The repayment methods mainly include: the counter of the issuing bank, ATM, online banking, automatic transfer, telephone banking and so on. After repayment, the credit card limit will be restored immediately, and the money will generally be recorded after being processed by the system on the same day.

2. Convenience store repayment

Convenience store repayment is mainly completed through the "Lacarra" smart payment terminal installed in the convenience store. Generally, it takes 2~3 working days to arrive at the account, and no handling fee is charged for repayment in this way.

3. Online repayment

At present, the common online repayment methods in China are: UnionPay Online, Quick Money, Shengfutong and Alipay. Different platforms and banks are selected, and the charging standards and the specific payment arrival time are different.

4. Inter-bank transfer/remittance repayment

Inter-bank transfer/remittance repayment is mainly divided into two ways: inter-bank in the same city and inter-bank in different places. No matter how to transfer or remit money, the remitting bank will charge a certain fee, and at the same time, the time of payment and the convenience of repayment are not as good as those in peers, online repayment and convenience store repayment.

5. Counter-connected repayment

Counter-connected refers to the bank card issued by various networked financial institutions, and the current RMB deposit and withdrawal transactions are conducted through the counters of other bank outlets registered in the host system of UnionPay Exchange Center. Pay by letter

6. Pay by letter

"Pay by letter" smart card phone is an innovative electronic product independently developed by China UnionPay, certified by the Bank Card Testing Center and supported by financial services provided by China UnionPay's inter-bank information exchange network.

7. Credit card repayment pass

Use the "repayment pass" to make repayment, and the fees are generally charged according to the charging standards for inter-bank transfer in the same city and inter-bank transfer in different places stipulated by the local people's bank.

8. Using the empty credit card prepayment software APP, you can prepay all current bills as long as there is a handling fee in it, and the rate is not high, ranging from 1, yuan to 65 yuan, just keeping the 65 yuan quota.

where can I pay my credit card in Shenyang?

Huanghe Street near Huanggu, Shenyang.

credit card means that when the cardholder's credit card is due on the last repayment date, but I can't repay it in full for a while, and the minimum repayment has to pay high interest, in order to maintain a good credit record, I can entrust someone else to repay it, and then I will brush out the repayment amount in the form of credit card consumption and return the funds to the helper.

simply speaking, the operation of credit card repayment is that the intermediary agency repays the overdraft limit that is about to expire, and then brushes out all the repayment amount not long ago in the form of credit card consumption. In fact, it is to return it first and then brush it out.

Let's stop here for the introduction of credit card repayment in Shenyang.