It’s true.

According to user feedback, for those registered before April 1, 2023, the credit card fee rate is 2.5% + 3, and quick payment, scan code, mobile pay, etc. have not changed. It is worth noting that the decline in credit card TX transaction volume is one of the important reasons for the rate increase.

In fact, the credit card TX business is being suppressed by regulators, banks and large payment institutions. An industry practitioner said: For some payment companies, the credit card TX business is a "hidden rule" for survival.

Credit card TX means that the credit limit in the credit card is withdrawn in cash through POS machines and other means. Even more than 90% of the revenue of some payment companies comes from credit card TX business.

The impact of the price increase:

1. Impact on cardholders

On the one hand, the increase in rates means that each transaction in the future will require more procedures. fee. On the other hand, if one machine, one household and one machine, one code are really implemented, users with greater demand for shua cards will need to apply for several more banks with relatively stable rates in order to meet the consumption bills of multiple merchants. POS machine. This means that the cost of using the card will increase significantly!

2. Impact on agents

For agents, with the arrival of another wave of price increases, the payment industry will face a major reshuffle, which is a challenge. It is also an opportunity. It is expected that a lot of trading volume will be released, and the market will also face redistribution.