Current location - Trademark Inquiry Complete Network - Overdue credit card - The international credit card payment process is simple and does not require a deposit.
The international credit card payment process is simple and does not require a deposit.

The international credit card collection process is simple and requires a deposit in advance. According to the query of relevant information,

1. It is troublesome to access international credit cards to collect payments, and a deposit is required. Credit card collection fees are high, and there are many black cards, so there is a risk of chargeback.

2. The buyer sends a payment instruction from his or her credit card to the card-issuing bank, and the bank advances the money to our bank. The bank notifies the cardholder of the repayment date and amount when the interest-free period expires.

3. The buyer repays before the repayment date expires, and the transaction is successfully completed. If our payment is successful, the buyer will repay part of it first, which is generally greater than the minimum repayment amount stipulated by the bank, and the rest will be used as a loan from the bank, and they confirm their agreement to pay interest, and then gradually repay the principal and interest.