Credit card installment refers to the business that when a cardholder uses a credit card to make a large amount of consumption, the card-issuing bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and according to the cardholder's application, the consumer funds are deducted from the cardholder's credit card account in installments, and the cardholder repays them according to the monthly recorded amount.
according to different acceptance channels, the credit card installment business of our bank can be divided into two ways: merchant POS installment payment and ordinary consumption to installment payment.
Basic provisions
1. Peony credit card installment payment business is only provided to individual customers of Peony International Credit Card and Peony Credit Card.
Credit cards: 45181, 451811, 62223, 62235
Visa International Credit Cards 4273, 438125, 438126, 42739, 4272, 42729, 489735, 489734. 513685
American Express International Credit Card: 37246, 37247
2. The total amount of installment transaction and handling fee shall not exceed the available credit card account. During installment payment, the available amount of the account is deducted according to the total amount, and the amount deducted in each installment is credited to the cardholder's account according to the type of consumption transaction, which is regarded as the interest-free repayment period for the current month's consumption.
3. The initial amount of installment business is RMB 6 yuan, HK$ 6 yuan, US$ 1 yuan, and Euro 1 yuan, respectively, and the installment business cannot be handled for consumption below the initial amount.
POS installment payment
(I) Basic provisions
1.POS installment payment business can only be completed on POS machines with installment payment function of our special merchants, and other banks and consumption abroad cannot directly handle it through POS machines; The installment payment transaction amount refers to the amount of goods or services paid by the cardholder by credit card, excluding the amount of tips paid by credit card. Only installment payment is allowed for consumption and pre-authorized transactions, but installment payment cannot be handled for pre-authorized transactions.
2. calculate the merchant rebate according to the consumption amount of installment payment. if the installment payment fee is charged to the cardholder, the calculation of the merchant rebate does not include the installment payment fee charged to the cardholder, and the calculation method and fee rate of the merchant rebate are the same as those of the ordinary consumption accepted by the merchant.
3. The consumption amount for installment payment cannot be less than the initial amount of installment payment. The initial amount of installment payment in different installments is RMB 6 yuan, HKD 6 yuan, USD 1 yuan and EUR 1 yuan.
4. when the installment payment business is handled through POS, if the card change flag in the cardholder's credit card information is "No card change", that is, the card will not be automatically changed after the card expires, and the debit date of the last installment payment business shall not exceed the validity period of the card, otherwise the system will prompt "The number of installments exceeds the validity period of the card".
5. if the cardholder chooses the consumption password limit, the system will judge whether it is necessary to input and verify the transaction password according to the installment consumption amount; Instead of judging whether it is necessary to enter a password according to the amount of the first deduction.
general consumption is transferred to installment payment
general consumption is transferred to installment payment, which is provided to the cardholders of Peony International Credit Card and Peony Credit Card, and is used to repay the general consumption that has been accounted for in the interest-free period in installments.
this business is a supplement to the installment payment business of POS. For example, if the POS machines of merchants do not have the installment payment function, through the consumer transactions of other banks and overseas merchants, the ordinary consumption can be transferred to installment payment business through our telephone banking and business outlets, thus reducing the pressure on cardholders to repay in full in the current period.
(I) Basic Provisions
1. The general consumption-to-installment payment business is only provided to individual customers of our Peony International Credit Card and Peony Credit Card.
2. The consumption converted from ordinary consumption to installment payment must be a consumer transaction that has been recorded and is within the interest-free repayment period, and the transaction currency is RMB and foreign currency.
3. if you apply for installment payment through telephone banking, the cardholder must apply for installment transfer from the day after the consumer transaction is recorded to 3 working days before the due repayment date;
4. The business outlets of all branches shall accept the installment payment business of Peony International Credit Card and Peony Credit Card issued locally; Peony Card Center (area 46) can handle the business of transferring ordinary consumption to installment payment of peony international credit card and peony credit card nationwide.
5. The business of transferring ordinary consumption to installment payment shall be handled separately according to the original transaction records, and the amount of each installment shall not exceed the original consumption amount.
6. when accepting the cardholder's installment payment business at the counter, the customer should be required to provide his credit card and handle it with his certificate or password.
7. If the account of Peony International Credit Card is transferred, it is not supported to transfer the historical details of the original old account to installment payment.
8. The consumption amount for counter-to-counter installment cannot be less than the initial amount of installment payment, and the initial amount of installment payment for different installments is RMB 6 yuan, HKD 6 yuan, USD 1 yuan and EUR 1 yuan.
the installment fee will be deducted in one lump sum in the first installment. The first installment deduction date is the day when the installment business is handled, and the deduction time of each installment in the future will be consistent with the first installment. If the first deduction date is later than the number of repayment months, the deduction time of each subsequent month will be the last day of this month. For example, if the first installment is recorded on January 31st, the deduction date in February is 28 (29th) days, and April is 3th days, and so on.
please handle this business according to the above regulations. In addition, you mentioned "what computer is sitting on, and there is an overdraft problem ~!" What kind of business problem does it specifically refer to? Please describe it in detail so as to solve it for you as soon as possible.