With the development of the times, credit cards have gradually entered thousands of households and become a sharp weapon that many people usually use to solve their urgent needs. What cardholders who have used credit cards are more afraid of is the "limit". A friend asked, what does it mean that credit card payment exceeds the limit supported by merchants?

What does it mean that credit card payment exceeds the limit supported by merchants?

When a card friend buys some goods from a merchant, he uses a credit card to pay, but the amount displayed by the credit card has exceeded the limit supported by the merchant, which means that the card friend can no longer use this credit card to pay and needs another way to pay.

The reason why this happens may be that the merchant is blacklisted by the bank, and the bank limits the amount that the merchant can receive by swiping the card every day. It may also be because card friends have had many large transactions in businesses, and even often maxed out their cards. This situation will also be targeted and monitored by banks.

If you accidentally encounter this situation, you can choose to use Alipay, WeChat and other methods to pay, or choose a combination payment. You can also try to swipe your card on the POS machine. If none of the above works, you can only wait for the bank to lift the risk control of the merchants, or wait until the next day to buy related goods.

What needs to be reminded here is that if you meet such a merchant whose customers have been fraudulently used by the bank, you can try to avoid trading in this merchant. If there are too many transactions or the credit card limit is large, it is likely to directly affect the cardholder's credit card limit and let the bank directly control the credit card.

The above is the related content sharing of "credit card payment exceeds the limit supported by this merchant", I hope it will help everyone!