1. handling fee: when merchants accept credit card payment, the bank will charge a certain percentage of handling fee. This fee usually exists as the cost of payment services, including transaction rates, transaction fixed fees and so on.
2. Exchange rate fee: If credit card payment involves cross-border transactions, currency exchange is usually required. In the process of currency exchange, the bank will charge a handling fee according to a certain exchange rate conversion cost, which will be included in the settlement amount of the merchant.
3. Other expenses: In addition to handling fees and exchange rate fees, there may be other expenses, such as industry-specific surcharges and online transaction fees. The details of these fees can be different according to the actual situation of the merchants.
Credit card collection difference is the difference in handling fees between banks and merchants in the settlement process, and is not directly deducted from the cardholder's account. Cardholders usually don't feel these expenses directly when paying.
In addition, the specific amount and proportion of the price difference are determined through consultation between banks and merchants, which may be different due to factors such as cooperative relationship, merchant type and transaction amount.