The following institutions charge credit card processing fees:

1. Card issuer, that is, the bank that handles your credit card. Credit cards are also credit products, and they also cost money. Of course, banks will not do business at a loss, which is the biggest expense. Since the exchange reform on September 6th, the overall handling fee has been around 1 10,000 60 yuan, and the card-issuing bank has to withdraw at least 40 yuan to 50 yuan.

Second, the clearing institution, namely the UnionPay clearing organization under the central bank, pays all normal transactions on the second working day after the liquidation of UnionPay, and the maximum single amount does not exceed 7.5 yuan. Usually it takes about 3-5 yuan to trade 10000 yuan.

Third, the acquiring institution is mainly composed of banks and third-party payment licensees. After deducting the above 1 and 2 fees from the handling fee, the rest will go to the first acquiring institution.

The credit card handling fee is borne by the merchant. Traditional POS machines charge 0.6%, and discount merchants such as large supermarkets and gas stations charge 0.3%. As for schools, hospitals, public facilities and other places, credit card merchants do not need to pay handling fees, because these places are public welfare. Users only need to pay the consumption amount when swiping the card, and the handling fee is deducted from the credit card amount by the clearing institution.

The earliest credit card appeared at the end of 19. From 65438 to 1980s, the so-called credit card was developed in British clothing industry, followed by tourism and business departments. However, at that time, the card could only be used for short-term commercial credit, and the money had to be paid back as needed. There was no long-term default and no credit line.

Credit cards are generally plastic cards with a special carrier, with a length of 85.60 mm, a width of 53.98 mm and a thickness of1mm. The name of the card issuer, the expiration date, the number and the name of the cardholder are printed on the front, and the chip, magnetic stripe and signature strip are printed on the back. Cardholders can use credit cards to shop, spend money and deposit and withdraw cash from banks.

From 65438 to 0952, Franklin National Bank of California, as a financial institution, issued bank credit cards for the first time, becoming the first bank to issue credit cards.

1959, Bank of America issued an American bank card in California. Since then, many banks have joined the ranks of card-issuing banks. In the 1960s, bank credit cards were quickly welcomed by all walks of life and developed rapidly. Credit cards are popular not only in America, but also in Britain, Japan, Canada and European countries. Since 1970s, Hongkong, Taiwan Province, Singapore and Malaysia have also started to handle credit card business.

In the 1960s, credit cards sprouted and developed rapidly in developed countries in Europe and America, such as the United States, Canada and Britain. After more than 50 years of development, credit cards have been widely accepted in more than 95% countries around the world. In 1980s, with the development of reform and opening up and market economy, credit cards, as electronic and modern consumer financial payment tools, began to enter China, and have developed by leaps and bounds in the past decade.

Excuse me, is there a handling fee for swiping a credit card?

According to the regulations on the use of credit cards, whether online or offline, credit card consumption is charged, but this fee may not be borne by the seller, but it may also be borne by the buyer. If the seller has opened a credit card payment, the seller will pay the handling fee, if not, the buyer will pay it. If you use a credit card on Taobao and don't want to pay the handling fee of 1%, you won't be charged as long as you change the payment method to savings card or Alipay balance payment.

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How to calculate the charge for credit card swiping?

Credit card handling fee = handling fee rate of credit card amount. Different industries have different rates ranging from 0.5% to 4%.

Generally, the discount rate of the first type of merchants, including catering, hotels, entertainment, jewelry and gold ornaments, arts and crafts, is 2%-2.5%.

The second type of merchants, including real estate, automobile sales and wholesale, generally have a discount rate of 1%, and can apply for a single-comparison transaction cap.

The general discount rate of the third type of merchants, including gasoline and supermarkets, is 0.5%- 1%.

The fourth type of merchants, including public hospitals and public schools, generally have different discount rates in different regions.

The general discount rate for the fifth category of merchants including general categories is 1%-3%.

It should be noted that the credit card processing fee is charged by the bank to the credit card merchants, and the cardholder does not have to pay.

Extended data:

1. Credit card withdrawal does not enjoy the interest-free period, and interest will be calculated at the daily interest rate of 0.5 ‰ from the date of withdrawal until it is paid off. Taking the repayment after 20 days as an example, when withdrawing 10000 yuan, the interest to be borne is 100000.05% 20 = 100 yuan, that is, the daily 5 yuan interest, totaling 100 yuan for 20 days.

In addition, there is a handling fee for cash withdrawal by credit card, and the charging standard of the handling fee varies from bank to bank, generally around 1%-3%. Taking the transaction behavior as an example, the withdrawal fee of credit card is 1%, and the withdrawal fee of 10000 yuan is 100 yuan. It cost 200 yuan in all. Everbright and Ping An have higher withdrawal fees, both of which are 2.5%. Then the withdrawal fee of 65,438+00,000 yuan is 250 yuan, which is the total fee of 350 yuan.

It is suggested that cardholders should not use credit cards to withdraw cash easily if there is no special need. Even if there is a demand for cash withdrawal, you should choose some special cards with relatively cheap cash withdrawal fees, such as the Y-POWER credit card of Bank of Communications for RMB cash withdrawal, and the handling fee for each card is RMB 5 yuan. However, repayment should be made as soon as possible after withdrawal.

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