Article 2 Commercial banks shall strictly abide by national laws, regulations, rules and relevant policies, and follow the principles of equality, voluntariness, honesty and credibility.
Article 3 Commercial banks operating credit card business shall protect the legitimate rights and interests of customers and the security of relevant information according to law. Without the authorization of the customer, the relevant information shall not be used for other purposes than the bank's credit card business.
Article 4 Commercial banks operating credit card business shall establish and improve the risk management and internal control system of credit card business, strictly implement authorization management, and effectively identify, evaluate, monitor and control business risks.
Article 5 Commercial banks operating credit card business shall fully disclose relevant information to cardholders, reveal business risks, and establish and improve the corresponding complaint handling mechanism.
Article 6 The China Banking Regulatory Commission and its dispatched offices shall supervise and manage the credit card business of commercial banks according to law.
Chapter II Definition and Classification
Article 7 The term "credit card" as mentioned in these Measures refers to all kinds of media that record the relevant information of the cardholder's account, have the function of bank credit line and overdraft, and provide relevant banking services for the cardholder.
Article 8 The term "credit card business" as mentioned in these Measures refers to the banking services provided by commercial banks using bank cards with credit limit and overdraft function, mainly including card issuing business and acquiring business.
Article 9 The term "card issuing business" as mentioned in these Measures refers to the relevant banking services provided by card issuing banks after signing contracts with qualified customers according to the evaluation results of customers.
Card issuing business includes marketing promotion, credit approval, card production and issuance, transaction authorization, transaction processing, transaction monitoring, fund settlement, accounting processing, dispute handling, value-added services and debt collection.
Article 10 The term "issuing bank" as mentioned in these Measures refers to a commercial bank that has been approved by the China Banking Regulatory Commission to start credit card issuance business and bear the relevant responsibilities for risk management of card issuance business.
Article 11 The term "card issuing service institutions" as mentioned in these Measures refers to legal persons or other organizations that have signed contracts with card issuing banks to assist them in providing credit card services.
Article 12 The term "acquiring business" as mentioned in these Measures refers to the services provided by commercial banks for merchants to accept credit cards and complete the settlement of related funds.
The acquiring business includes merchant qualification examination, merchant training, terminal installation and maintenance management, transaction authorization, transaction information processing, transaction monitoring, fund advance, fund settlement, dispute resolution and value-added services.
Article 13 The acquiring bank as mentioned in these Measures refers to a commercial bank that provides credit card acquiring business services or settlement services for credit card acquiring business according to the contract, and undertakes relevant responsibilities for risk management of acquiring business.
Article 14 The acquiring business server mentioned in these Measures.