Current location - Trademark Inquiry Complete Network - Overdue credit card - What does security lock block transaction mean?
What does security lock block transaction mean?

It is understood that Minsheng credit card security locks come in many forms, mainly consisting of ATM transaction locks, cross-border transaction locks, card-less transaction locks, and card-present consumption locks. Different forms of security locks have different functions.

1. ATM transaction lock: mainly blocks any transactions initiated by ATM machines, such as domestic and overseas cash withdrawals, transfers, etc. , it is impossible to use the safety lock.

2. Cross-border transaction lock: mainly blocks overseas transactions. Once the security lock is used, the credit card cannot be used for overseas purchases or cash withdrawals.

3. Card-less transaction lock: mainly blocks card-less transactions. After opening this lock, online payment, quick payment, and various mobile payments using credit cards, or cardless cash withdrawals and transfers will be rejected by the bank.

4. Card consumption lock: It mainly blocks all types of transactions that require cards, such as credit card cash withdrawals, card insertion or credit card transactions, as well as card payment, pre-authorization, etc. , all of which will be rejected when using this lock. /77094b36acaf2edddfc8957d9f1001e93901936d?x-bce-process=image2Fresize2Cm_lfit2Cw_6002Ch_8002Climit_12Fquality2Cq_852Fformat2Cf_auto