The institutions that get the handling fee are mainly issuing banks, settlement institutions and acquiring institutions. According to the current standard rate of 0.6% for merchants, the issuing bank accounts for 0.45% of the consumption amount, the settlement institution accounts for 0.065% (the issuing bank and the acquiring institution each account for half), the acquiring institution accounts for 0.6% minus 0.45% for banks and 0.0325% for UnionPay.
Explain the specific handling fee rate:
I.0%
1) If you are a normal credit card holder, you often take your credit card to the store to pay for things, or use Alipay, WeChat, JD.COM and other credit cards to pay. So, your credit card fee is 0%. Because the real handling fee is paid by the store you consume, and it is paid by the seller behind Alipay, WeChat, Dongdong and other platforms.
2) If you are a merchant, it means that your qualifications are very good, or you just catch up with the fee reduction activities of banks or tripartite platforms.
Second, 0.38%
1) unionpay subsidy. China UnionPay gives 0.38% preferential subsidy to three trading methods with a single transaction of less than 1 1,000 yuan.
2) Banks and tripartite platforms seize the payment market and subsidize preferential activities.
Three. 0.5%
20 16 For details of the national rate reform, please refer to the Notice of the National Development and Reform Commission and the People's Bank of China on Improving the Pricing Mechanism of Credit Card Fees [2065438+06] No.557. For the credit card part, cancel the capping and implement unified pricing. The original livelihood category (0.38%), general category (0.78%) and catering and entertainment category (1.25%) are unified, and the final price is about 0.6%.
Four. 0.6%
It's much better than the handling fee of 0.5%-0.55%. Basically, it can be guaranteed that 90% are normal consumers, and there may be some preferential merchants, but the proportion will be very small. But it depends on the settlement price paid by the payment institution to the service provider. The lower the settlement price, that is, the higher the profit, the less the proportion of normal merchants, the more the proportion of preferential merchants, and even the reduction and exemption category. The size of profit space determines the proportion of trading merchant types.
For example, if a consumer swipes 5,000 cards at a standard rate merchant, the handling fee will be charged at 0.6%, that is, 5,000× 0.6% = 30 yuan, and 30 yuan will be borne by the merchant, and now it will be shared by several institutions according to the above standards.
Because the credit card consumption is not capped now, for some bosses in the wholesale industry, the profit is very low. It is generally recommended that the credit card handling fee be borne by the consumers themselves.