Recently, a number of banks announced that in order to strengthen business compliance management and control non-consumer transactions, they would close the tobacco withholding transactions with credit cards.

Since last year, credit card centers including China Construction Bank, Ping An Bank, Industrial Bank and China CITIC Bank have taken actions in succession, saying that in order to further standardize the use of credit card funds, investment funds should not be used in real estate, investment, production and operation, including real estate, tobacco, securities, building materials wholesale, lottery sales and other fields.