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Why do pos machines authenticate credit cards?
Merchants who often use POS know that when registering a credit card reader, they basically need authentication and even an ID card. Friends who authenticate information may hesitate at this step, fearing that information authentication will lead to unsafe information disclosure. Today, Bian Xiao will tell you why the activation machine should be certified.

① After the card swiping machine is activated, it needs authentication (credit card, face, business license, one of three choices) to increase the daily credit card collection amount. Without authentication, the daily credit card collection amount is very small.

(2) to prevent some agents bonus hunter.

In recent years, major machine brands have emerged in an endless stream, and they all want to share a piece of it. Therefore, in order to grab users, various payment companies have been constantly improving their activation policies. One of the most intuitive is to activate cashback. As the name implies, you can get cashback as long as you activate it. You didn't need to apply for a credit card machine a few years ago. Many wool parties randomly found someone to register the machine and took it back. It's different now. You have to be certified to activate the machine, and it is almost impossible to cash back.

③ Risk control mechanism of payment company

As we all know, the current machines are basically real-time seconds. This also breeds a lot of problems of stealing and refusing to pay. With the emergence of these problems, payment companies have gradually strengthened their risk control level. Major media often report that criminals engage in gang fraud by buying and selling identity documents and bank cards. Careful people can find that there is no credit card. Because most people don't sell credit cards, this greatly reduces the situation of credit card theft.

④ Is the information safe?

I believe this is our biggest concern. I am worried that my information will be leaked, which will cause security losses to myself. There is no need to worry about this. Because the server of the payment company is certified by the Ministry of Public Security and UnionPay, the user's data will be directly uploaded to the encrypted server. No one can see your information and will not give criminals an opportunity. Moreover, the existing POS machines are basically equipped with self-destruction devices, which will be automatically scrapped once disassembled, and no one can tamper with them automatically.