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What does credit card capping mean?
Question: What does it mean to cap the handling fee for pos card swiping? The handling fee is calculated at 10%. Brush 65438 needs 1 yuan, brush 5000 needs 50 yuan, if it exceeds 5000, it will be capped, that is, if it exceeds 5000, it will be 50 yuan.

Question 2: What do you mean by capped and uncapped credit card machines? The upper limit refers to the fixed interest rate. Generally used for wholesale.

For example, for a 30-cover machine, whether you brush 10000 or 30 brushes 30000 or 30 charges are fixed.

But if you brush 100 and choose the rate of 30 caps, you will charge 10. Because its handling fee is calculated according to 1% of your credit card amount. One percent of the credit card amount exceeds the upper limit. It's all calculated by the cap. If it does not exceed, it shall be calculated as 1%.

We call it an unlimited interest rate machine. No matter how much you brush, it is calculated according to the rate, such as 0.38%

Your brush 100 is 0.38 yuan, brush 1000 is 3.8 yuan brush 10000 is 38 yuan 30000 is1/4 yuan.

Question 3: What do you mean by capped and uncapped credit card machines? Make it clear. Make it clear, huh? This is very simple. If you deduct 100 yuan and 8. 1000 yuan, you will get 7.8 yuan. . You will be deducted 3300 yuan, 26 yuan. The capping machine will not deduct money. Ten thousand is 26, and fifty thousand is 26 yuan. If you don't cap it, you will accumulate it and pay ten thousand 78 yuan. Twenty-two thousand 78 yuan.

Question 4: What is capping? What does credit card capping mean? For example, if the cap is capped in 35 yuan, there will be a 35 yuan fee for swiping 1 10,000 yuan, or a 35 yuan fee for swiping110,000 yuan (one card). The credit card capping machine is likely to be blocked.

Question 5: What does the capping machine in the credit card mean? How to identify? Look at the 8- 1 1 bit of the merchant code on the pos list. If it is wholesale, the cap is 20 or 50. This machine also has no credit card points. General real estate, auto shops, public utilities, mobile Unicom, telecommunications, schools, insurance and other industries are pos machines.

Question: What does the POS machine cap mean? What if the capping machine is degraded? There are two kinds of POS machine rates: capping and integral. Cap means that regardless of your credit card amount is 10000 or 10000, the handling fee of the POS machine is 26 yuan or 30 yuan (this cap amount depends on the contract signed by the merchant, and the general wholesale price is the lowest in 26 yuan). If you don't brush the hat machine often, it will generally not be reduced. If you are downgraded, you can only accumulate credit slowly.

Question 7: What is the new credit card ceiling interest rate? 0.5% for savings card and 0.6% for credit card.

Question 8: Is there a cap on credit card consumption? If it is a China Merchants Bank credit card, it can be used within the available limit if the card status is normal.

Question: What does pos machine 35 cap mean? If the handling fee rate is 1%, and you swipe 350 yuan, then you have to deduct the handling fee from 35 yuan. Spent more in 350 yuan, the handling fee is still 35 yuan, and the highest in 35 yuan is 35 yuan (the handling fee is generally paid by the merchants, and some merchants may pass it on to consumers).

Question10: What do you mean by the low rate fee of 0.38 and the cap of 26? The rate is your settlement point, but the merchant's will be higher than this, and the difference is what you get.

Cap 26 means that if the manual payment rate at the settlement point is 0.38, then you need 1 10,000 yuan to pay 12 yuan. If the capping machine does not calculate 20,000 yuan as 24 yuan, then if the capping is 12 yuan, then 20,000 yuan is still 12 yuan, and 1 10,000 yuan is the top.