the pos machine cannot repay the credit card.

the main task of p>POS is to provide data services and management functions for commodity and media transactions, and make non-cash settlement. It has the functions of supporting consumption, pre-authorization, balance inquiry and transfer.

credit card repayment is not within the functions of pos machines, so POS machines cannot repay credit cards.

it is difficult to obtain basic business information in bulk transactions, and the introduction of POS system is mainly to solve the blind spot of retail information management. An important part of chain branch management information system.

Extended information:

Usage classification

1. Financial POS machines are mainly used in banking systems such as UnionPay business system, commercial banks and local credit cooperatives.

2. Non-financial POS machines can be widely applied to members, chains and franchisees of all sizes and types; Catering and entertainment enterprises, automobile maintenance centers, cosmetics stores, tourist attractions and other fields.

POS machine fee

According to the notice of the National Development and Reform Commission, from June 9, 216, the bank card processing fee will be officially adjusted. According to the adjusted plan, the overall reduction of the credit card rate is 53% to 63%.

1. The catering rate has been reduced from 1.25% to .6%.

2. The charge for card swiping in department stores was reduced from .78% to .6%, and

3. The charge in supermarkets was reduced from .5% to .38%.

4. The public welfare category is still %.

5. For real estate and automobiles, refer to the charging standards for catering and entertainment, without capping, the single rate will be raised.

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