How to calculate the credit card processing fee?

The handling fee for credit card swiping is a handling fee ranging from 1 to 2.5 paid by the merchant to UnionPay, and does not need to be borne by the individual. It is illegal for merchants to ask consumers to bear handling fees. If a merchant requires consumers to pay the handling fee themselves, consumers can refuse and complain to the UnionPay customer service center.

If it is a POS merchant, the UnionPay card transaction fee for each transaction will be deducted. General supermarket merchants will deduct a handling fee of 0.38, general merchants will deduct a handling fee of 0.78, and jewelry, catering and entertainment merchants will deduct a handling fee of 1.25 The merchants in the wholesale market deduct a handling fee of 0.78 yuan and a maximum of 26 yuan. It does not distinguish between credit cards and debit cards. They are all the same standard.

Extended information:

Notes on using credit cards:

Don’t be too early: Try not to swipe your card before 9 a.m., because according to common sense, most stores have not yet Open the door.

Don’t be too late: Try not to swipe your card after 11 p.m., because according to common sense, most stores are closed and online transactions are not affected by time.

Don’t swipe integers: Don’t swipe integers such as 10,000 or 5,000. It is recommended that you don’t use decimal points every time you swipe your card, and the amount you swipe should not be repeated or regular.