Currently, the bank card swiping machine rates were implemented on September 6, 2016. Here are the card swiping machine rates of several major banks:
1. China Merchants Bank
1) When using a debit card at a POS machine, the standard merchant rate is 0.6, with a cap of 19 yuan;
2) When a credit card is used at a POS machine, the standard merchant rate is 0.66.
2. Shanghai Pudong Development Bank
1) When using a debit card at a POS machine, the standard merchant rate is 0.45, with a cap of 20 yuan, and the preferential merchant rate is 0.35, with a cap of 15 yuan;
2) For credit card payments at POS machines, the rate for standard merchants is 0.5 and the rate for preferential merchants is 0.45.
3. Hua Xia Bank
1) When using a debit card for POS machine consumption, the standard merchant rate is 0.55, with a cap of 19.5 yuan;
2) When using a credit card For POS machine consumption, the standard merchant rate is 0.5.