What's wrong with the credit card?

Credit card swiping is restricted, which means that the card is restricted during the transaction. Usually, when the card is subject to wind control, freezing, card sealing, loss reporting, etc., there will be a prompt that the transaction is restricted. When users use a credit card, they should call the customer service hotline of the issuing bank directly and ask the manual customer service to check the status of the card. If the card is restricted due to the risk of the transaction, the restriction may be lifted by replacing the POS machine to swipe the card. As for the card swiping restriction caused by other reasons, it will take some time to solve it.

1. What causes the credit card to be restricted?

1. The card status is abnormal, for example, the card has been demagnetized, and the password has been locked due to too many wrong entries, so it is recommended to call the banking service hotline for confirmation; 2. There is no problem with the card. The signal of the POS machine is not good. If it is not connected to the network, the transaction will fail.

3. If you hold an IC chip credit card, because UnionPay has turned off the downgrade transaction function, if the cashier still operates the transaction by swiping the card instead of inserting the card, it will also be unusable;

4. the card does not support transactions. for example, the card with visa single logo /jcb single logo does not support unionpay transactions or some online transactions.

second, how to solve the credit card restriction?

if the credit card is restricted in consumption, it means that the credit card is temporarily in the state of stopping payment, so you can't conduct any transactions for so long. Generally speaking, there will be different solutions according to different reasons that lead to the restriction of credit card consumption, as shown below:

1. The credit card is overdue. It is recommended to call the issuing bank to inquire whether the customer service has outstanding debts. If so, pay them off immediately. After repayment, communicate with the customer service as much as possible to explain that you are not maliciously overdue, and see if the customer service can lift the consumption restriction. If the overdue is not serious, there is still a chance to lift it.

2. The account is risky. The banking system will monitor the cardholder's account transactions at any time. If it is found that there are possible risks in a transaction, such as swiping the card at the POS machine of the blacklisted merchant of the bank, or sudden overseas transactions without registration, triggering the bank's risk control system may lead to the restriction of credit card consumption. Generally, it is necessary to provide proof of consumption to prove that the card is standardized.

3. Exceeding the set limit. In order to protect the security of credit card funds, many card friends will manually set a credit card transaction limit, such as daily transaction limit and monthly transaction limit. As long as the consumption limit exceeds the set limit, consumption will be restricted, so you can continue to spend by manually changing the limit to a higher level, and then change it back after consumption.

what should I do if my credit card is unsuccessful?

1. No short message has been received from the bank:

The online banking process shall prevail for account arrival inquiry. Sometimes UnionPay will occasionally transfer money or delay it for a long time without SMS reminder. You can't judge whether the funds are fully in place by SMS. You can check the flow of your account in the bank official website or the APP background.

2. The transaction was unsuccessful because the POS machine did not issue a receipt:

After swiping the card, occasionally the POS machine did not issue a receipt, and the cardholder received a debit message from the bank. In fact, as long as the POS machine does not issue a receipt, the whole transaction will not be completed, and the cardholder's deduction will be returned to the account within 48 hours. In other words, the customer did not succeed in spending on the POS machine at all.

3. Differentiate settlement time:

If the settlement method is T1, the account will be received on the next working day. Note that it is a working day, that is, transactions on Friday, Saturday and Sunday arrive on Monday, and holidays are postponed. In addition, the post-holiday settlement volume is relatively large, and the arrival will be a little later than usual.

In addition, whether you swipe t or T1, if you swipe your card late, this transaction may be counted as the next day's transaction, so you can wait patiently for it to arrive.

4. Incorrect binding of settlement card:

This situation is very rare, because if the settlement card is incorrectly bound, it can be found at the first transaction. This situation can be eliminated as long as it is successfully received. For the background operation problems raised by customers, if it is a clearing platform, regular agents can provide the background for customers to inquire. In the background, you can clearly see who the bound bank is.

5. Calculation error:

This situation is really common. Some friends swiped it several times and then miscalculated the account. They think there is something wrong with the arrival of the account. Therefore, if in doubt, you'd better check the receipt and bank flow to determine whether there is any mistake.

6. Use of the secondary cleaning machine:

The bank has settled the card payment with the payment company, but the payment company has not settled with the merchant and recorded it in the bank. This only happens to the second payment company, and the first payment company will not happen, because it is supervised by the People's Bank of China and UnionPay. If the above reasons can be eliminated, you need to confirm whether your machine has been cleared. The method is very simple. Inquire at the central bank whether the POS payment platform has the conditions for receipt, or ask the agent to inquire about the binding settlement card in the background.

What's wrong with the credit card?

The first reason for the unsuccessful credit card swiping is the insufficient credit line. When the POS machine prompts "password error", it must be the wrong credit card transaction password.

Long-term non-repayment, fraud risk and other reasons may cause the card to be locked; Magnetic stripe cards are often placed with electronic products such as mobile phones, which may lead to degaussing? Similar situations may make the card status abnormal, leading to transaction failure.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.

a real credit card has the following characteristics: cash deposit is not encouraged, it is paid after consumption, it enjoys an interest-free payment period, it can be repaid by installments (with minimum repayment amount), and it can be used worldwide by joining international credit card organizations such as VISA and MASTER.

people who apply for credit cards can be divided into units and individuals. The applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal personality within the territory of China. Each unit can get a main card and several (5-1) supplementary cards when applying for a credit card.

to apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.

generally, the application method is to fill in a credit card application form, and the contents of the application form generally include the name, basic information, economic status or income source, guarantor and its basic information of the applicant. And submit certain copies of certificates and certificates to the issuing bank.

after the customer truthfully fills in the application form, he/she should submit the completed application form as well as the relevant credit certificate. The application form is accompanied by a contract for using a credit card. The applicant authorizes the issuing bank or relevant departments to investigate its relevant information, submit a statement on the authenticity of the information, the privacy protection policy of the issuing bank, etc., and must have the applicant's autograph.

after receiving the application form and relevant materials submitted by the applicant, the issuing bank shall review the applicant's credit standing. The contents of the review mainly include whether the contents of the application form are true or not, evaluating the credit degree of the applicant, and reviewing the relevant information of the guarantor for the individual.

What should I do if my credit card can't be swiped?

Solution to credit card transaction restriction: The user is suspected of cashing out, and submit the proof of consumption to the bank for review; The transaction amount is limited, and users can adjust the credit card transaction limit; If the available credit card line is insufficient, part of the debt recovery line will be returned in advance; There are risks in the transaction, and users can change POS machines for credit card consumption; Transaction system failure, network delay, etc., wait for a period of time to swipe the card again.

POS card swiping

Using POS card swiping is the most common way to use credit cards, and it is a way to swipe cards online. When swiping a card, the operator should first check the validity period of the credit card and the cardholder's last name. Then, according to the issuing bank and the currency to be paid, the corresponding POS machine is selected, and the magnetic stripe of the magnetic stripe credit card is crossed on the POS machine, or the chip credit card is inserted into the card slot, connected with the bank, and the corresponding amount is input. After receiving the information of remote payment, POS will print a receipt (at least two copies) for credit card payment, and the cardholder shall 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 name completely matching and the handwriting basically matching), the operator will send a copy of the credit card and the credit card payment receipt to the cardholder. At this point, the credit card swiping program on the POS machine is completed.

RFID card tapping

It is a new type of credit card use mode and a networking mode to tap the card on the RFID machine. When taking a card, the operator should first check the validity period of the credit card and the cardholder's last name. Then, according to the issuing bank and the kind of currency to be paid, select the corresponding card punching machine, input the corresponding amount, and lay the credit card flat at a place not more than 1cm above the sensor. After the RFID machine senses the credit card, it will send out a signal sound, and then continue to operate the program. After the remote payment receives the information, the printer (if connected) will print out a receipt for card payment, but unlike the previous method, the cardholder does not need to sign, which is faster and more convenient than the previous method. At this point, the card tapping induction program on the RFID machine is completed.

manual sheet pressing

manual sheet pressing is usually used when there is no POS machine or no internet connection. The pressing operation must have a pressure-sensitive duplicate "direct purchase order" (at least two copies) and a telephone. The inspection before pressing the order is the same as that of the POS machine. Then, the operator prints the name, etc. raised on the credit card on the purchase order with the credit card pressing device, and writes the information such as the amount and date, then calls the authorization hotline of the acquiring bank, reports the card information to apply for authorization, and writes the obtained authorization code on the purchase order, and then the cardholder signs it after confirming it is correct. After checking the signature, the operator gives the cardholder a copy of the credit card and the purchase order. At this point, the manual pressing procedure is completed. Authorized calls are usually dialed immediately. In some areas with poor communication or good credit discipline, merchants will encounter the situation that they will deliver the goods to complete the transaction after signing the card. Authorization will be completed in the future, but merchants are at risk of encountering credit cards (if customers use invalid cards to pay, they will not be able to find them immediately without applying for authorization codes immediately).

What's wrong with China Merchants Bank's credit card?

Many cardholders often encounter the phenomenon that they can't swipe their cards when using China Merchants Bank's credit card. There are many reasons why credit cards can't swipe their cards. Here are some common reasons for you.

If you can't swipe your card, let's see if it's these reasons:

1. The credit card has not been opened, so you need to call to activate the card before you can swipe it.

2. When the credit card reader is in use, the line is busy, or it breaks down, or the credit card reader itself breaks down, so the transaction information cannot be transmitted;

3. If the available credit card is insufficient and exceeds the available credit card, it is naturally impossible to swipe the card;

4. The magnetic stripe on the back of the card may be demagnetized or the card has been damaged, so it is necessary to replenish the card before swiping.

5. make consumption in merchants restricted or prohibited by the state and regulatory agencies. For example, the Banking Regulatory Bureau has restrictive requirements on non-personal daily consumption such as housing, building materials and wholesale.

In addition to not being able to swipe your card, you should also pay attention to these matters when using China Merchants Bank's credit card:

1. For the sake of safety, it is best not to lend your credit card to others.

2. Don't disclose personal information and credit card information, including information such as expiration date.

3. Never let your credit card leave your sight when spending by credit card;

4. Please pay attention to shielding when entering the password. Don't set the password too simply, and don't use birthday, phone number and ID number as passwords. Never write the password on the credit card or put it with the credit card.

5. When you get a new card, you should sign on the back of the card immediately.

6. When shopping online, carefully identify the website address to prevent you from visiting fake shopping websites and fake online payment pages.

why can't I swipe my credit card? Find the reason to prescribe the right medicine!

Many cardholders are very excited when they get their credit cards, and as a result, when they swipe their cards, the transaction fails and they can't swipe their cards. I want to know what is going on. In fact, there are many situations that lead to the failure to swipe credit cards. It is important to find the reason so as to prescribe the right medicine. Let's take a look at it together.

why can't I swipe my credit card?

There are many reasons why the credit card can't be swiped, which may be the credit card itself or some external factors. The details are as follows:

1. Card problem:

If your credit card is not activated, or the card is in an abnormal state, frozen, stopped paying, or the card is worn, leading to degaussing, it is naturally impossible to swipe it.

2. Consumer merchants:

The state has restrictions on credit card transactions involving houses. In addition, there are also restrictive requirements for building materials, wholesale and other consumption. If you restrict or prohibit the consumption of merchants in these countries, you will not be able to swipe it.

3. Card Organization:

All credit cards have card organizations, such as UnionPay and MasterCard, and different card organizations can only use credit cards with relevant marks. For example, UnionPay cards can only brush POS machines with UnionPay logo, while MasterCard can only brush POS machines with VISA logo.

4. Limit:

Every bank has set a single transaction limit, or a single-day transaction limit, and a monthly cumulative transaction limit for credit cards. For example, in China Construction Bank, the single transaction limit is no more than 1, yuan. If your single transaction is more than 1, yuan, you can't swipe your card naturally.

the above is "what's wrong with the credit card?" Related introduction of. These are the common reasons why the credit card can't be swiped by stages. There are other reasons, such as the busy line when the credit card machine is used, or the failure of the credit card machine itself, which can't complete the transaction information transmission. We still have to find the reason to solve the problem.

let's stop here for the introduction of what to do if the credit card cannot be swiped.