While credit cards (credit cards) provide us with convenience, how to save money and worry about credit card (debit card) repayments is very important to choose the right credit card (debit card) repayment method. . At present, the well-known credit card (debit card) repayment methods mainly include over-the-counter repayment, online banking, self-service terminal transfer repayment, and agreed account automatic repayment.

UnionPay repayment business means that credit card (credit card) holders transfer funds from their debit cards to credit cards (credit cards) through the UnionPay website. In order to ensure the security of funds, UnionPay payment requires repayment with the same name, that is, the debit card and credit card (credit card) must first pass the real-name verification and confirm that it is the card with the same name, before repayment can be initiated.

At present, some banks have opened the repayment function with the same name, which is free to use during the promotion period. UnionPay does not charge users cross-bank and cross-region handling fees, and it can be operated directly without opening online banking and other services at the counter. The monthly credit card (credit card) repayment limit for cardholders is RMB 20,000. That is, regardless of how many credit cards (credit cards) or debit cards the cardholder has, the monthly repayment on the platform cannot exceed RMB 20,000. . Since different credit card (debit card) centers have different entry times, the general entry time is before 12 o'clock on the third working day after the repayment operation, and will be postponed in case of weekends and statutory holidays. It is understood that currently only 10 banks can provide real-time feedback. And transfers out and into bank cards are not yet comprehensive.

Compared with UnionPay, the advantage of "Quaiqian" is that it supports a larger number of transfer-out debit cards and transfer-in credit cards (credit cards). The four major banks (including Bank of Communications and China Merchants Bank), Minsheng, Debit cards from 21 banks including Industrial Bank and Shanghai Pudong Development Bank can be used to transfer funds out, while credit cards (debit cards) from 15 banks including ICBC, Agricultural Bank of China and China Construction Bank can be used for repayment here. And like UnionPay, the online repayment service provided by Kuaiqian does not charge any handling fees.

Regarding the arrival time, there are the following repayment methods. Bank of Ningbo has real-time payment, Shanghai Pudong Development Bank has T1 working day, China Merchants Bank, Industrial Bank, China Everbright and Communications Bank have T1 working day, CITIC has T2 working day, ICBC, Agricultural Bank of China and China Construction Bank have T3 working day. What I would like to remind you here is that the arrival time will generally be postponed during holidays. Therefore, in order to avoid exceeding the repayment period, it is recommended that you run the repayment 5 days in advance.

There are three ways to repay credit cards (debit cards) on Alipay: online banking, that is, on the Alipay platform, Alipay card, and withdrawal of balance. The withdrawal balance is received in the Alipay account and can be used Repayment is performed on the withdrawn balance. Currently, this service is free. It should be noted that you can also repay other people's credit cards (debit cards) through online banking. You can only repay yourself through card or withdrawable balances, and you cannot repay on behalf of others. At present, Alipay does not support "repaying credit cards with credit cards (credit cards)". All transaction funds repaid with credit cards (credit cards) will be refunded within 3 to 5 working days. to the original card. Among the several banks that can use Alipay accounts to repay credit cards (debit cards), China Merchants Bank can receive the payment within one day, while Guangdong Development Bank, ICBC and Bank of Communications will take two days to receive the payment, and the time to check the account online will be delayed by one day.

In addition, in terms of ensuring security, Alipay has launched a digital security certificate, which is shared with banks. However, these security measures also have their own drawbacks. For example, the use of digital certificates is not particularly convenient and requires downloading and installation. It is generally aimed at fixed computers and is only suitable for high-end users.

To use "Lakara" for repayment, just swipe any debit card with the UnionPay logo on the terminal at an outlet equipped with "Lakara" equipment to pay a credit card (credit card) Just transfer money. These outlets are generally located in supermarkets, pharmacies, and convenience stores. After repayment, the credit limit will be restored after three working days at the latest. However, the rules of each bank are different. For example, China Merchants Bank and Everbright need to repay three working days before the due date, while Agricultural Bank of China and Bank of China need to repay before the due date. For repayment two working days before the due date, Guangfa must repay one working day before the due payment date, otherwise the bank will charge late payment fees, and Industrial Credit Card (debit card) supports repayment on time. Therefore, it is best to complete the repayment three working days before the final repayment date.

There is no handling fee for repayment through "Lakala", and there are no handling fees for repayment of debit cards and credit cards (debit cards) of different banks.

In terms of security, its security is guaranteed by UnionPay terminal certification. In terms of security level, it is on the same level as POS machines deployed in major shopping malls and supermarkets, so everyone can use it with confidence.