Can I swipe my own credit card (debit card) with my own payment code?

Using your own payment code to swipe your own credit card (debit card) is suspected of withdrawing cash. Once detected by the bank, the user will suffer penalties such as reduction, freezing, and card blocking. Moreover, Alipay will also run tests on users' payment collections. If it is found that users have withdrawn cash, then the payment code will be subject to risk control, and normal collection may not be possible until the risk control is lifted.

Therefore, it is best for users to use their own payment code to collect payments from others, and they should also be careful not to receive payments from the same person at the same time period, as this may also lead to the suspicion of cash withdrawal. The QR code belongs to me. Can I swipe my credit card?

Yes.

Using your own payment code to swipe your own credit card is suspected of tx

. Once detected by the bank, the user will suffer penalties such as derating, freezing, and card blocking. Moreover, Alipay will also detect the user's payment and find that the user has tx

, then the payment code will be subject to risk control, and normal collection may not be possible until the risk control is lifted. Can the bank check my credit card through a POS machine applied for by a third party?

It can be found.

Because POS machine consumption is displayed on the platform in the UnionPay backend, you can check it if you swipe your own credit card.

Nowadays, individuals can apply for POS machines. There are many types of POS machines from various payment companies, including hand-swipe POS, traditional large POS, and smart phones. Then here comes the problem. If an individual uses his or her ID number to apply for a POS machine, and then goes to the POS machine to swipe his or her credit card, is there any problem with this? Will it have any impact on myself?

In fact, when it comes to what may affect you the most, it is not the problem of swiping your own credit card, but the more serious problem caused by choosing an irregular machine. As long as you apply for a regular Yiqing POS machine and do not skip codes or regions, it will not have any other impact on you. Irregular machines will cause the card issuer to block the card and reduce the limit, which has a huge impact.

When the payment company sends instructions to the card issuing bank, once it detects that the card issuing bank returns a successful deduction instruction, it will immediately send a transfer instruction to the merchant's account opening bank, and transfer the funds from the payment company's reserve account Transfer money to the merchant's savings card account.

There are currently POS machines on the market that are suitable for personal use, whether they are hand-swiped or large paper-out POS machines from merchants of your choice. In essence, they were born to cater to the needs of personal tx

maintenance cards. Because the POS machines issued by banks in the past had one machine and one code, you could not swipe your own card at that machine.

This is feasible, but it involves very high risks. First, use the POS machine under your name to swipe your credit card. The UnionPay institution has big data that can detect it. If the UnionPay institution feeds this data back to the bank, it can identify whether the cardholder has used the card illegally. If a major bank takes it seriously, netizens may have their credit cards blocked and their credit limits reduced. In the end, the gains will definitely outweigh the losses, so it’s best not to do this.