Can POS machines and capping machines swipe savings cards?
1. In fact, China's charge for UnionPay POS machines is based on the principle of separation of borrowing and lending. In other words, the handling fee rates of using credit cards and savings cards are different, and their capping policies are also different.
2. The annual fee change of16 is mainly aimed at the unification of credit card charging rates, which cancels the original policy of credit card capping fee, but retains the capping fee of savings card. At present, the general rate of swiping a savings card is 0.5%, with an upper limit of 20.
Therefore, UnionPay pos also has a capping machine that can swipe the savings card, but it cannot be a capping machine, because using this POS machine to swipe the credit card still deducts the handling fee according to the principle of not capping.
Main items of POS card swiping
1. Don't be too early: try not to swipe your card before 9 am, because according to common sense, most shops are not open yet.
2. Don't be too late: Don't swipe your card after 10 at night, because according to common sense, most shops are closed.
3. Don't brush integers: don't brush integers such as 10000 and 5000, and try to bring decimal points such as 18897.8 every time you swipe your card. The amount of swiping your card cannot be repeated or regular.
4. Try not to brush the cap: because of the cap rate, the bank has no money to earn.
5. Don't swipe the same card more than three times a day: swiping too much is easy to arouse suspicion.
6. Don't brush all the quotas at once: If the quota is tens of thousands, try to brush it in a few days.
7. Don't pay it all at once, brush it all at once: especially on the repayment date, brush it all at once, which is a big taboo.
Points for attention of pos function credit card.
Some pos machines charge a certain fee for consuming savings cards, while others don't. After all, different banks have different regulations, which shall prevail. For example, the Bank of Communications debit card with UnionPay logo will be swiped at pos machines with UnionPay logo at home and abroad, and no handling fee will be charged. For those who charge handling fees, the charging standards may also be different.
We also need to note that if the savings card is abnormal, such as being frozen by the bank, it may also lead to the failure of credit card transactions, and the same is true for credit cards.