How much is the merchant handling fee for Taobao credit card payment?
When shopping on Taobao, the buyer uses a credit card to pay, and the handling fee deducted is 1%, but the handling fee is not necessarily borne by the seller. It may also be borne by the buyer. When paying with a credit card, the regulations on the deductor of handling fees are as follows: If the seller has activated the credit card payment function and uses a credit card to pay and confirm receipt of the goods, a 1% handling fee will be deducted from the payment received by the seller's Alipay. If the seller does not activate the credit card payment function and uses a credit card to pay, the buyer will enjoy a free limit of 500 yuan per card per month, and consumption within the free limit will be free of handling fees. For consumption exceeding the free limit, if there is no replaceable credit card for payment, a 1% handling fee will be charged.
1. Taobao is the largest online retail and business district in the Asia-Pacific region. It was founded by Alibaba Group in May 2003.
2; Taobao is China's most popular online shopping and retail platform, with nearly 500 million registered users and more than 60 million regular visitors every day. At the same time, the number of online products every day has exceeded 800 million. items, with an average of 48,000 items sold every minute.
3; By the end of 2011, Taobao’s single-day transaction volume reached a peak of 4.38 billion yuan, creating 2.708 million direct and full employment opportunities.
Four; With the expansion of Taobao's scale and the increase in the number of users, Taobao has also transformed from a single C2C online marketplace to include C2C, group buying, distribution, auction and other e-commerce models. comprehensive retail district. It has become one of the world's largest e-commerce trading platforms.
5; On March 15, 2016, the 315 Party revealed that Taobao merchants were cheating consumers by fraudulently placing orders. On March 29, 2016, Alibaba Group CEO Zhang Yong clarified Taobao’s strategy for the future: communityization, contentization and local life are the three major directions. On August 8, 2018, Alibaba Taobao revealed that it will enter the field of MR (mixed reality) shopping and will launch a product - Taobao Buya at the 2018 Maker Festival. On December 12, 2019, the "Hurun.com 2019 Hurun Brand List" was released, and Taobao ranked fourth with a brand value of 300 billion yuan.
6; With the expansion of Taobao's scale and the increase in the number of users, Taobao has also changed from a single C2C network market to include C2C, distribution, auction, direct supply, crowdfunding, customization, etc. A comprehensive retail district including multiple e-commerce models.
Seven; Taobao promotes an honest, active and fast online transaction culture, and adheres to the principle of "If you don't buy treasures, you can't give up your trust." While creating a safer and more efficient online trading platform for Taobao members, Taobao We also strive to create and advocate a family-like atmosphere of mutual help, relaxed and lively. Everyone who trades on Taobao not only trades faster and more efficiently, but also makes more friends. In October 2005, Taobao announced that in the next five years, it would create 1 million job opportunities for society and help more Internet users find jobs on Taobao and even start businesses. By 2007, Taobao had created more than 200,000 direct jobs for society. Especially during the financial crisis in 2008, consumption through Taobao increased against the trend, both in terms of quantity and amount.
Is there any handling fee for Taobao credit card payment?
The credit card express system does not charge a handling fee, but the limit is 500 yuan. Sellers who support credit card payment on Taobao can pay the full amount when shopping with a credit card, but Taobao will charge a 1% handling fee from the seller. Generally, this 1% fee is added to the product price and let the buyer bear it.
The Alipay handling fees for buyers who use credit card payment services to purchase goods are as follows:
1. The same rates apply to international credit card (VISA, MasterCard, JCB) payments, and the transaction amount is charged uniformly. 3%.
2. The credit card installment fee is subject to the rate prompted on the Alipay payment page.
3. All Taobao marketplaces have not opened credit card payment, but are eligible for credit card payment. If you are unable to pay large amounts via credit card, you can choose to pay 1 of the transaction amount (including shipping costs) yourself. % service fee to complete payment.
4. Except for the above circumstances, there is no handling fee.
Taobao’s credit card payment is free of charge, but there is a payment limit. Different banks have different regulations. You can check it when you pay. If you exceed the limit, you will not be allowed to pay!
Taobao supports credit card payment, but not every store can. When searching for a product, you can check "Credit Card Payment" under the search box. Generally, there will be a credit card-like logo below the product. . Taobao credit card payment is free of charge.
How much handling fee will merchants charge when paying with credit card on Taobao?
When shopping on Taobao, buyers use credit cards to pay, and the handling fee deducted is 1%, but the handling fee is not necessarily It is all borne by the seller, and it may also be borne by the buyer.
When paying with a credit card, the regulations on who will deduct the handling fee are as follows:
If the seller has activated the credit card payment function and uses a credit card to pay and confirm receipt of the goods, the seller’s Alipay will receive A 1% handling fee will be deducted from the payment.
If the seller does not activate the credit card payment function and uses a credit card to pay, the buyer will enjoy a free credit card limit of 500 yuan per month, and consumption within the free limit will be exempted from handling fees. For consumption exceeding the free limit, if there is no replaceable credit card for payment, a 1% handling fee will be charged.
So, if the free credit card payment limit is exhausted, please choose Alipay or debit card payment to avoid incurring handling fees.
Extended information:
Credit Card
Credit Card (English: CreditCard), also called credit card. It is a non-cash transaction payment method and a simple credit service.
A credit card is generally a special carrier plastic card with consumer credit that is 85.60 mm long, 53.98 mm wide, and 1 mm thick. It is issued by the bank to individuals and organizations, and can be used to shop, consume, and deposit and withdraw cash from the bank. It is in the form of a card with the name of the issuing bank, validity period, number, cardholder name, etc. printed on the front and a magnetic card on the back. strip, signature strip.
Credit cards are issued to cardholders by banks or credit card companies based on the user's creditworthiness and financial resources. Cardholders do not need to pay cash when using the credit card, and repayment will be made on the billing date (English: BillingDate).
On April 15, 2016, the central bank issued the "Notice of the People's Bank of China on Matters Related to Credit Card Business", canceling late payment fees on credit cards, introducing liquidated damages, and prohibiting over-limit fees. The new regulations were implemented in January 2017 It will be officially implemented on the 1st.
When I use a credit card to buy things on Taobao, why do I sometimes charge a handling fee?
As long as you use a credit card to buy things on Taobao, you need to pay a handling fee.
However, some sellers have opened credit card payment. In this case, the handling fee will be borne by the seller. If the seller does not open it, the handling fee will be borne by the buyer.
The handling fee is 1% of the transaction amount. Because some merchants do not enable credit card payment, Alipay will charge a 1% handling fee if you use a credit card to settle the bill.
When using Alipay Quick Payment to pay with a credit card, you need to pay a card processing fee to Alipay. The processing fee is 1% of the card amount (including shipping costs).
Taobao sellers will subscribe to Alipay’s “credit card service”, and the credit card handling fee will be borne by the seller. However, there are also a few sellers who have not subscribed to Alipay's "credit card service". At this time, if the buyer insists on using a credit card to pay, the credit card swiping fee incurred will be borne by himself.
It is recommended that when encountering such a Taobao seller, you can choose to use a debit card to pay.
Extended information:
Steps to find products that support "credit card payment service"
1. After entering the keyword of the product you want to find in the search box, Check the credit card option in the filtering criteria to find products that support credit card payment services.
2. On the product details page, see the text description and logo of credit card payment.