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Why should banks check the authenticity of ICBC's installment renovation loans and credit cards? Find a solution
ICBC decoration loan is an installment loan business in the form of credit card, which is much higher than the credit card limit. And it needs a large POS machine to reflect it, and it can be repaid on a monthly basis. For this kind of business, the bank will definitely verify the format information of the card reader and whether it is my withdrawal. If the cash is withdrawn by a third party other than the cardholder, the bank will bear all the losses of the cardholder. So the bank will verify the information with the cardholder.