You can't swipe your credit card with your own pos machine. Because this operation may involve the so-called illegal cashing of credit cards, and illegal cashing of credit cards is to change the use of funds through false transactions and use the cashed funds for illegal purposes. The issuing bank does not want this to happen, which will not only harm the interests of the bank, but also affect the credit of the cardholder.

In order to prevent the financial risks brought by credit card cashing, the first task is to clarify the nature of credit card cashing, and the constitutive requirements and punishment standards of illegal cashing must be strictly defined in law, so as to deter illegal cashing of credit cards in reality, ensure the safety of banks' funds and maintain the stability of financial order. Secondly, it is suggested to strengthen the legislation of bank cards. Bank card has become an indispensable financial tool in national life. The rights and obligations between bank card holders and card issuers and the balance of interests between card issuers and merchants need to be determined by more effective laws. The United States has clear regulations on consumer credit products, credit line, interest rate, guarantee, mortgage, insurance, repayment period and information disclosure, which has played an important role in standardizing and promoting the development of bank card consumer credit business. China's credit card legislation can learn from the successful experience of foreign countries, speed up the legislative progress, and ensure that there are laws to follow when dealing with bank card-related issues.

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At present, pos machines on the market can be roughly divided into several categories.

The first category: pos machines used by merchants. Merchants can apply for large pos machines at banks with business licenses, photos of business premises and other related information. The main advantage of this pos machine is its low rate, which is suitable for doing business and opening a shop. The name of the merchant displayed when swiping the card is the merchant you registered.

The second category: hand-brush pos machines. This is the most popular one on the market at present. Its main features are simple operation and convenient use. You don't need a business license, just a personal ID card. The disadvantage is that the rate is relatively high, roughly between 0.55% and 0.65%. Hand-brush pos is divided into two categories, one is automatic code hopping pos. That is, when you swipe your credit card, the merchants are random; Second, choose your own merchant pos. You can choose different merchants when you swipe your card, which is relatively safer.

The third category: QR code collection. At present, a more and more popular payment method, such as Alipay and WeChat QR code, which are often seen in supermarkets, is also one of them. Banks are also gradually developing QR code collection services, such as industry and commerce, rural credit cooperatives and so on. , all have the business of collecting QR codes. The advantage of this kind of collection is that there is no rate, and the disadvantage is obvious, because banks can't earn fees, and credit cards are easily restricted.

Can pos machines swipe their own credit cards?

Yes Pos machines can swipe their own credit cards. If the pos machine is a fixed merchant's pos machine, it is best not to swipe the credit card frequently. If the credit card is swiped on the pos machine for many times, the banking system will think that the cardholder has cashed out illegally, disrupting the normal financial order, and the cardholder's credit card may be frozen. If the illegal cash withdrawal is true, the bank may cancel the cardholder's credit card, which will affect the cardholder's personal credit.

Excuse me, can I use a credit card at my pos?

You can't use your own pos machine to swipe your credit card, because such an operation may involve illegal cashing. Illegal cashing refers to changing the use of funds through false transactions and using the cashed funds for illegal purposes. This will not only disturb the normal financial order, but also have a serious impact on the credit history of cardholders.

Credit cards can be swiped through pos machines, and spending by swiping through pos machines is the way to cancel credit cards.

Settlement through POS system should go through the following steps:

(1) The barter cashier system of the local barter agent or special customer inputs the purchase or consumption amount of the buyer member into the POS terminal.

(2) The card reader (POS machine) reads the authentication data of the magnetic stripe on the advertising barter card and the member number (password) of the buyer.

(3) The settlement system sends the input data to the central supervision account.

(4) After the settlement data processed by the advertising barter cashier system is confirmed, it shall be signed by the buyer's member. The buying and selling member and the barter agent or special merchant each keep a receipt stub, and the barter agent or special merchant will mail the receipt stub to the barter company.

(5) After the barter company confirms that the buyer has received the goods or media services, the settlement center will allocate the barter quota. Complete the settlement process.

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Functions and uses of POS machines:

Suitable for large and medium-sized supermarkets, chain stores, hypermarkets, large and medium-sized hotels and all high-level retail enterprises.

With the function of IC card, you can use membership card to issue IC cards and securities internally.

You can talk and show off.

Can be connected with a variety of peripherals such as scanning guns and printers.

It has the management functions of front-end and back-end sales, warehousing and distribution of large supermarket chains.

The catering type has the function of catering service, and can be externally connected with various peripherals such as multiple kitchen printers and handheld ordering machines.

It can realize unattended remote communication and data download with PC.

It has the function of Ethernet communication, and constitutes the real-time management system of the head office and branch network through ADSL broadband.

Baidu encyclopedia -POS machine

Can I swipe my credit card with my own credit card machine?

Yes, you can.

Credit cards can be swiped through pos machines, and spending by swiping through pos machines is the main way to use credit cards.

However, it should be noted that you can't use your own pos machine to swipe your credit card, because such an operation may involve illegal cashing. Illegal cashing refers to changing the use of funds through false transactions and using the cashed funds for illegal purposes. This will not only disturb the normal financial order, but also have a serious impact on the credit history of cardholders.

Basic principle of pos machine:

The basic principle of POS system is to create commodity data in a computer file, directly read the barcode on the commodity through the online structure of the computer cash register and the optical reading device on the cash register equipment (or directly input the code through the keyboard), and then display the commodity information (unit price, department, discount ...) immediately, so as to speed up the cash register and correct it.

The detailed information of each commodity sale (price, department, time period and customer level) is automatically recorded and then sent back to the computer by the online framework. Through computer calculation and processing, various sales statistics and analysis information can be generated as the basis for management.

The POS machine reads the magnetic stripe information on the cardholder's bank card through the card reader, the POS machine operator inputs the transaction amount, and the cardholder inputs the personal identification information (i.e. password). The POS machine sends the information to the issuing bank system through the UnionPay center to complete the online transaction, give the information of success or failure, and print the corresponding bill.

The application of POS realizes the online consumption of credit cards, debit cards and other bank cards, ensures the safety, rapidity and accuracy of transactions, avoids complicated labor such as manual blacklist inquiry and bill pressing, and improves work efficiency.

The design requirements of magnetic stripe card module meet the needs of three-track magnetic cards, that is, the module should be able to read magnetic cards with 1/2, 2/3 and 1/2/3 tracks.

Internal analysis:

Communication interface circuit usually consists of RS232 interface, PINPAD interface, IRDA interface and RS485 interface circuit. RS232 interface is usually the download port of POS program, PINPAD interface is usually the interface between host and password keyboard, and IRDA interface is usually the infrared communication interface between mobile phone and landline. An interface signal usually consists of a sending signal, a receiving signal and a power signal.

The modem board consists of central processing module, storage module, modem module and telephone line interface. First, the POS will detect the /RING and /PHONE signals to determine whether the voltage on the telephone line can be used. The switch is reset, you can dial, and the sending light flashes to start dialing. The communication protocol determines the handshake confirmation between the switch and the POS, and then the data exchange of the POS will start, and the signal will be sent and received through the modem circuit. Hang up when finished and end the process.

How about using your own pos machine to swipe your credit card?

First of all, your pos can use a credit card, but you need to pay attention to the type of your pos machine. If it is a fixed merchant pos, then don't brush more. It is unreasonable for a credit card to spend many times in one place. It doesn't matter if you apply for code hopping or optional pos. When swiping a card, the credit card bill only shows the name of the merchant.

Frequent swiping is not enough. The POS machine under his name is signed with the bank and will be recorded. If you use your own credit card to swipe your card frequently on the POS machine, it is likely to be considered illegal to cash out. Not only can it not increase the quota, but it may decrease it. More seriously, it may be blocked or restricted by banks.

If you want to swipe your credit card, you can use Megabank cashier, even if you swipe your credit card with a mobile phone pos machine, it's nothing.

Pay attention to the following points when swiping a credit card, which is conducive to increasing the quota:

1. The normal business hours of most businesses are from 9: 00 a.m. to 9: 00 p.m. 10 p.m., so it is best to swipe your card during normal business hours. For example, you can spend your daily life from 9: 00 to 10, shop from 1 8: 00, and entertain from 8: 00 to 10, which is beneficial to increase the amount.

2, consumption diversification, consumption of different types of businesses such as shopping malls, entertainment, restaurants, hotels, clothing, building materials and other businesses.

3. Most card friends will be equipped with their own pos machines, so it is also important to choose a pos machine. Be sure to choose a regular pos machine with a payment license and a machine of a high-quality merchant that does not skip the code. Don't always brush 0, 6, 8, 9 when you brush yourself; Don't brush the last three digits, such as 62229000; Don't brush it out immediately after repayment, especially on the repayment date; It is recommended to brush it the next day after repayment, preferably in the morning and afternoon. The same card is swiped more than three times a day and every two hours.

To sum up, it is ok to swipe your credit card with your own pos machine, but you'd better pay attention to the problems mentioned above.

Can a mobile phone pos machine swipe its own credit card?

Yes, but using your own pos machine to swipe your card is a form of cashing out. It is illegal to cash out according to the law.

Credit card cashing refers to the behavior that the cardholder withdraws the funds in the credit limit of the card in cash by other means rather than through normal legal procedures (ATM or counter), and at the same time does not pay the bank withdrawal fee.

For the increasingly fierce credit card cashing behavior in recent years, the Shanghai headquarters of the central bank said on July 26, 2065438+00 that credit card cashing is illegal, and the central bank is studying to record the cardholder's cashing behavior in the personal credit information system, which directly affects his personal credit record.

It is not allowed for banks to swipe their credit cards with their own pos machines, but due to regulatory loopholes, if the number of times is less (less than 3 times) and the amount is less than 10000 yuan, banks may not pursue it. At this time, cashing is also a handling fee of more than 0.5%.

At present, many banks' cash installments are lower than this fee. So cashing out is not cost-effective.

If you use a platinum card for cash installment, you can get a discount, generally within 0.69%. The following is a case of Guangfa Bank's wealth management (also called cash installment).

The application for 35,000 yuan is as follows:

12 period: 0.56%, each period is still 3 1 12.67, and the total handling fee is 2352, and the handling fee is 196.

18 period: 0.63%, with a total handling fee of 3,969 and a handling fee of 220.5 per period.

24 installments: 0.66%, and each installment is still 1698.33, with a total handling fee of 5544 and a handling fee of 23 1.

The application for 30,000 yuan is as follows:

12 installment: 0.56%, 2668 for each installment, and the total handling fee is 20 16, and the handling fee for each installment is 168.

18: 0.63%, each issue 1855.66, and the total handling fee is 3402, each issue 189.

24 installments: 0.66%, and each installment is still 1448, with a total handling fee of 4752 and handling fee of 198.

Pos machines are suitable for large and medium-sized supermarkets, chain stores, hypermarkets, large and medium-sized hotels and all high-level retail enterprises.

1. has the function of IC card, and can use membership card to issue IC cards and securities internally.

2. You can talk.

3. A variety of peripherals such as scanning guns and printers can be externally connected.

4. It has the management functions of front-end and back-end sales, warehousing, distribution and other large supermarket chains.

5. The catering type has the catering service function, and can be externally connected with multiple kitchen printers, hand-held ordering machines and other peripherals.

6. It can realize unattended remote communication and data download with PC.

7. With the function of Ethernet communication, the real-time management system of the head office and branch network is formed through ADSL broadband.

Domestic Internet innovative third-party payment enterprises have integrated the electronic signature application with the POS card swiping system to realize the green and environmentally-friendly paperless POS receipt service. The application of electronic signature can not only effectively save time, money and paper, but also help to improve service efficiency and customer satisfaction, simplify business processes and improve work efficiency.

Through the electronic signature application provided by payment, there is no need to upload the receipt, which not only avoids the extra workload, but also avoids the loss of the authenticity of the transaction and the settlement for the merchant caused by the loss of the receipt. There are a series of digital "anti-counterfeiting" behind the electronic signature of payment, which can prevent the cardholder's signature from being stolen or tampered with.

The advantages of mobile phone POS machine are as follows:

1. For businessmen

Computer recording and management of every link in the process of customer management improves work efficiency and realizes optimal management. Provide a convenient payment system without space and time barriers for its own business development, speed up payment efficiency, reduce operating costs and lower the consumption threshold of target users.

2. For consumers

Payment funds are more convenient to carry and the consumption process is more convenient and simple. After the payment barriers are removed, many new consumption patterns can be better tried. Under the control of proper management mechanism and technology, the security of payment funds has been greatly improved compared with traditional POS machines.

Can pos machines swipe their own credit cards? Let's stop here.