Inter-bank consumption means that credit card holders make purchases at merchants other than the card-issuing bank.

Using a credit card held by one bank to make purchases at another bank’s POS machine, or making payments on an online platform other than the card-issuing bank, is called cross-bank consumption.

In this case, the banks of the merchant and the consumer are different, and the transaction needs to be processed and settled through UnionPay or other payment networks, which may incur certain handling fees. The specific fees are stipulated by each bank. Depends.

With the popularity of electronic payment, cross-bank consumption has become very common. In most cases, consumers do not need to bear additional handling fees.