Credit card consumption process:

1, POS swipe card

Swiping a card on a POS machine is the most common way to use a credit card, and it is also a way to swipe a card online. When swiping a card, the operator should first check the validity period of the credit card and the cardholder's surname. Then, according to the issuing bank and the kind of currency to be paid, select the corresponding POS machine, draw the magnetic stripe of the magnetic stripe credit card on the POS machine, or insert the chip credit card into the card slot and connect with the bank. , and enter the corresponding amount. After receiving the information of remote payment, POS will print a credit card payment receipt (at least two copies), and the cardholder will sign the receipt after checking that the information on the payment receipt is correct. After checking the signature on the receipt and the signature on the back of the credit card (including full name and basic handwriting), the operator sends the credit card and credit card payment receipt to the cardholder. At this point, the credit card swiping program on the POS machine is completed.

2. RFID camera card

It is a new credit card usage mode and networking mode, which is sensed by swiping the card on the RFID machine. When picking up the card, the operator must first check the validity period of the credit card and the cardholder's last name. Then, according to the issuing bank and the currency to be paid, select the corresponding punching machine and enter the corresponding amount. The credit card should be placed flat at the top of the sensor no more than10cm. After the RFID machine senses the credit card, it will send out a signal sound and then continue to run the program. After the remote payment receives the information, the printer (if connected) will print out the receipt of credit card payment, but unlike the previous method, the cardholder does not need to sign, which is faster and more convenient than the previous method. At this point, the card swiping induction program on the RFID machine is completed.

3, manual pressure plate

Usually, manual pressure tablets are used without POS machines or networking. The pressing operation must have a pressure-sensitive copy of the Direct Purchase Order (at least two copies) and a telephone. The inspection before pressing the order is the same as that of the POS machine. Then, the operator's credit card is printed on the order form, and the name is added to the credit card of the pressing equipment, and the information such as the amount and date is written. Then, the operator dials the authorization hotline of the acquiring bank, reports the card information and applies for authorization. The obtained authorization code is written on the purchase order, and the cardholder signs it after confirming it. After the operator checks the signature, he will give the cardholder a copy of the credit card and the purchase order, and the manual order procedure will be completed. Authorized calls are usually made immediately. In some areas with poor communication or good credit discipline, merchants will encounter the situation that they will deliver the goods after signing the card to complete the transaction. Authorization will be completed in the future, but the merchant is at risk of encountering a credit card (if the customer pays with an invalid card and does not apply for an authorization code immediately, it will not be discovered immediately).

4. Online payment

From the cardholder's point of view, online payment is considered to be one of the most risky payment methods for credit cards, because malicious people may use phishing, eavesdropping on network information, fake payment and other means to steal user information. When paying online, you need to enter the validity period of the credit card, the number of Visa CVV2/MasterCard CVC2/ UnionPay CVN2 next to the signature column on the back of the card, the online transaction password, and sometimes you need to enter your name, the verification code randomly generated by the webpage, etc. After the input is completed, click Submit to complete the online payment. With the development of the Internet, the security of online payment and credit card payment has gradually improved, which has also blown up the trend of online consumption.

5. TV and telephone transactions

Similar to online payment, need, expiration date, visa CVV2 code/MasterCard CVC2/ UnionPay CVN2 and other information.

6. Pre-authorization

Pre-authorization is generally used to pay a deposit, that is, to freeze the available amount of a part of a credit card as a deposit. The process of pre-authorization is similar to manual bill pressing, but the content of the phone call is to ask for the pre-authorization of the corresponding amount, not to ask for money or to press the bill, but to issue a deposit receipt certificate. General pre-authorization will be cancelled by the merchant at the time of checkout. If the merchant forgets to cancel, he can call the merchant to ask for cancellation, but he can't call the authorized institution to cancel himself. Or, wait for the bank to automatically cancel the pre-authorization (usually ranging from 7 to 30 days).

Credit card application:

In most cases, citizens with full civil capacity (citizens aged 65-438+08 in Chinese mainland) who have a certain direct source of income can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.

The object of applying for credit card can be divided into units and individuals. Applicants should be organs, enterprises and institutions, foreign-invested enterprises and individual industrial and commercial households with independent legal personality in China. When applying for a credit card, each unit can get a main card and multiple (5- 10) supplementary cards as needed. Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.

The application method is generally by filling in a credit card application form, which generally includes the applicant's name, basic information, economic situation or income source, guarantor and its basic information. And submit some copies of certificates and vouchers to the issuing bank. After filling in the application form truthfully, the customer shall submit the completed application form and relevant credit certificate. A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate the relevant information, and submit the information authenticity statement and the privacy protection policy of the issuing bank. , and must have the applicant's autograph.

How to spend the credit card?

First, the physical store credit card consumption

For example, supermarkets, shopping malls, hotels, restaurants, hospitals, railway stations, airports and other places, that is, places with POS machines, can use credit cards for consumption. With the development of the Internet, cashless consumption is now advocated, and these places can also use Alipay or WeChat wallet for consumption, which belongs to the next consumption mode. Generally, all merchants marked with "UnionPay" and "VISA" support credit card consumption.

Second, bind Alipay or WeChat for consumption.

Take Alipay as an example. After punching in Alipay, click Add Bank Card to bind the credit card to Alipay. Wechat is similar. When spending in shopping malls or other places, use Alipay or WeChat to pay, then choose this bank card and use this credit card to complete the consumption.

Third, online consumption.

If online banking is enabled on your credit card, first of all, when you use online payment software such as Taobao, Vipshop, Meituan, or some websites, such as buying air tickets in official website, you can directly choose to pay by bank card, so you can also use this credit card to spend money. Or bind Alipay and pay on the corresponding software. After spending six times with a credit card, you can waive the annual fee for the current year. Generally speaking, as long as you keep the normal loan repayment, there will be no other expenses except the annual fee.

Of course, all credit cards have loan limits. This credit line is dynamic. It will fluctuate slightly according to your monthly credit situation. If you have good credit, you can raise the limit, while if you have bad credit, you can lower the limit. If you use a credit card, you must ensure that it is within this limit, that is, the money spent cannot exceed this limit, otherwise you can't swipe your card. In addition, be sure to recognize your economic level, spend reasonably, and don't overdraw your credit card every time. This will easily lead to the situation that you can't repay the loan in time next time, which will lead to a bad credit record. Too many bad credit records will affect your subsequent credit card loans and the business of applying for loans at the corresponding banks.

How to use a credit card

When spending, cardholders can swipe their cards directly on the pos machines of merchants that support credit cards. You can also bind third-party applications, such as Alipay and WeChat, and pay for consumption by credit card.

The credit card swiping method is:

1. Give the credit card to the cashier of the merchant, and the cashier will swipe it on the POS machine.

2. The cardholder enters the credit card password.

3.pos will automatically print out the transaction voucher.

4. The cardholder signs the transaction voucher and the transaction ends.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

In most cases, citizens with full civil capacity (citizens aged 65-438+08 in Chinese mainland) who have a certain direct source of income can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.

The object of applying for credit card can be divided into units and individuals. Applicants should be organs, enterprises and institutions, foreign-invested enterprises and individual industrial and commercial households with independent legal personality in China. When applying for a credit card, each unit can get a main card and multiple (5- 10) supplementary cards as needed. Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.

The application method is generally by filling in a credit card application form, which generally includes the applicant's name, basic information, economic situation or income source, guarantor and its basic information. And submit some copies of certificates and vouchers to the issuing bank. After filling in the application form truthfully, the customer shall submit the completed application form and relevant credit certificate. A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate the relevant information, and submit the information authenticity statement and the privacy protection policy of the issuing bank. , and must have the applicant's autograph.

How to spend by credit card

The method of spending by credit card is as follows:

1.POS consumption: As long as businesses support credit card consumption, they can basically use credit card consumption.

2. Binding Alipay consumption: After binding Alipay, whether online payment or offline payment, as long as the payment method is set to credit card, you can use credit card for consumption.

3. Binding WeChat consumption: After binding WeChat, you only need to choose bank card payment when paying, and then choose credit card payment to make consumption.

What are the four main details that credit card consumption must pay attention to?

1. Don't affect personal credit information due to overdue. Try to use the automatic repayment function of credit card. We know that credit card spending is easy, but it may become a bit passive when it comes to repayment. Many friends know their credit card repayment date, but on the repayment date, even if the bank has sent a warm reminder to repay on time, more than 60% credit card holders will still forget to repay. Because the pace of life is too fast now, everyone's life is under great pressure. Some credit cards are too busy at work and too many trivial things in life to be returned.

Don't use up your credit card spending limit at one time. This phenomenon does exist in real life. Some young friends who are short of money, no matter how much money they have, try their best to use up their credit cards. Not knowing how to use this credit card is not good for you. The limit of a credit card is only 1 10,000 yuan. If you use it all at once, it is equivalent to an overdraft of 10 thousand yuan. With such regular consumption behavior, banks will think that you have a bad habit of excessive consumption, and the greater the risk of funds.

3. Never use POS machine to withdraw credit card cash. We know that credit cards can be used to withdraw cash, but a credit card can only withdraw a certain amount of cash. And you have to pay a certain withdrawal fee to the bank. Generally speaking, the rate is 1%. For example, if we spend 2000 yuan, there will be a service charge in 20 yuan. Some friends are too clever. In order to save the cost of withdrawal procedures, I applied to open a POS machine, and then I swiped my card at my home POS machine to cash out. You can cash out many times by using the machine, but if you cash out many times, the bank will control the risk and may turn off your credit card consumption and cash withdrawal function, and then it will not be worth the candle.

This concludes the introduction of how to spend 1 cent by credit card. I wonder if you have found the information you need?