Take credit cards as an example. You swipe your card to buy something in the store, sign it and leave. The merchant leaves your signed shopping list and gives it to the bank of the credit card machine. This bank is an acquiring bank. After receiving your purchase order at that time, the acquirer will give the money to the merchant according to the above amount, so that the merchant can get the money due for selling the goods. After that, the acquiring institution will ask the issuing bank for money back through the UnionPay platform, and then you can repay the card to the issuing bank by credit card. During this period, all links may involve handling fees, and the whole process of swiping the card is realized through UnionPay, a shared intermediate link, so it is also called UnionPay receipt.
Response time: July 20, 2020. Please refer to the latest business changes announced by Ping An Bank in official website.
[Ping An Car Owner Loan] A car can be loaned up to 500,000 yuan.
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