It may be caused by risk control.
When swiping the Guangfa Credit Card, it shows that transactions with this card are not allowed. This is usually caused by the credit card being subject to risk control. Users should call China Guangfa Bank’s customer service hotline in a timely manner to inquire about the reasons for risk control, and then follow the customer service’s guidance to remove the risk control. After the card is subject to risk control, the credit card cannot be used normally, and the user needs to change to other payment methods at this time.
The prompt that credit card cannot be used for transactions means that your credit card cannot be used for transactions. This situation usually means that your credit card has been controlled by the bank. The main solution is to apply to China Guangfa Bank to lift this restriction. There are many reasons for this situation, such as overdue repayment, risky transactions, illegal credit card transactions, etc., so the card issuer will implement risk control on the card. If the transaction cannot be made due to an abnormal status of the credit card, it is recommended to wait for a period of time before proceeding with the transaction. This situation may be caused by a POS machine failure or a problem with the credit card system. It is recommended that you contact the bank to handle it.
The restriction on credit card swiping of Guangfa Credit Card is due to various reasons, such as the credit card swiping exceeds the limit, the current transaction is risky, the transaction is suspected of cashing out, the credit card status is abnormal, the network fails, etc., the above reasons are all This may result in restrictions on credit card swiping by Guangfa Credit Card. Therefore, if a restriction prompt appears, the user can change the POS machine to swipe the card. If it is still restricted, it is best to consult the credit card customer service.
About China Guangfa Bank
China Guangfa Bank was established in September 1988 with a registered capital of 11.408 billion yuan and its headquarters is at No. 713 Dongfeng East Road, Yuexiu District, Guangzhou City, Guangdong Province, China. With the approval of the State Council and the People's Bank of China, Guangdong Development Bank was established on the bank of the beautiful Pearl River as a pilot bank for China's financial system reform. It is one of the earliest joint-stock commercial banks established in China.
The business scope of China Guangfa Bank is all banking businesses stipulated in the "Commercial Bank Law", which mainly includes: absorbing public deposits, issuing short-term, medium-term and long-term loans; handling settlements; handling bill discounts; and issuing financial bonds; Agency for issuance, redemption, and underwriting of government bonds; buying and selling of government bonds; engaging in inter-bank lending; providing letter of credit services and guarantees; agency for collection and payment and insurance agency business; provision of safe deposit box services; foreign exchange deposits; foreign exchange loans; foreign exchange remittances; foreign currency exchange; International settlement; settlement and sale of foreign exchange; inter-bank foreign exchange lending; acceptance and discounting of foreign exchange bills; foreign exchange borrowings; foreign exchange guarantees; issuance of foreign exchange credit cards; buying and selling and agency sales of foreign currency securities other than stocks; issuance and agency issuance of foreign currencies other than stocks Negotiable securities; self-operated and client-operated foreign exchange trading; agency for foreign credit card issuance and payment services; offshore financial services; credit investigation, consultation, and witness services. Other businesses approved by the People's Bank of China and the China Banking Regulatory Authority.