If the name of the payee cannot be found, the payee's account number can be found in the UnionPay account details for money swiped at the POS machine.

POS machine is:

POS is a multi-functional terminal. When it is installed in the credit card merchants and acceptance outlets and connected to the computer network, electronic funds can be automatically transferred. Transfer, it supports consumption, pre-authorization, balance inquiry and transfer functions.

How to use POS machine:

1. Turn on the power.

To use the POS machine, you must first familiarize yourself with its various parts and button functions. There is a card slot for swiping cards on the right side of the POS machine, a display screen in the middle, and number buttons and confirmation buttons in the lower part. When using the POS machine , first turn on the power button on the upper left.

2. Swipe the card to read the card.

The POS machine can be used for credit cards, debit cards, savings cards, etc. with magnetic stripes or IC proximity cards. When using, pass the magnetic stripe part of the bank card through the card slot of the POS machine. Go back and swipe. After the card is successfully read, there will be a corresponding prompt on the display of the POS machine.

3. Transaction amount.

After successfully swiping the card, enter the amount of the current consumption through the digital keys of the POS machine, click Confirm, and then the customer enters the password of the bank card, etc., and clicks the Confirm button again to complete the transaction.

How to check the transaction details of the POS machine?

1. You can only check simple details in settlement;

2. If you want to check specific details, you can go to UnionPay or POS acquiring bank to check;

3. You can also check the details on WeChat. Follow the WeChat official account of the acquiring bank. There is a function to check the details. Just reply as required.

How to calculate the handling fee for credit card swiping at POS machines:

According to the notice of the National Development and Reform Commission, starting from June 9, 2016, the handling fee for bank card swiping will begin to be adjusted.

According to the adjusted plan, the overall reduction in credit card fees this time is from 53 to 63. The following are the card payment rates for POS machines used in various industries.

1. The catering fee is reduced from the original 1.25 to 0.6;

2. The credit card processing fee of department stores is reduced from 0.78 to 0.6;

3. For supermarkets, it dropped from 0.5 to 0.38;

4. Public welfare category is still 0;

5. The real estate and automobile industries refer to the catering and entertainment charging standards, with no cap and single rate. Upregulated.

Types of card swiping fees:

1. Handling fee for card swiping in other places.

Minsheng cards and ICBC cards (all UnionPay cards) are free of charge for swiping in other places (including Hong Kong, Macao and overseas);

Bank cards with the VISA logo can be swiped in Hong Kong There will be a handling fee, which is called a currency conversion fee;

So if it is a dual-currency card, you must pay UnionPay when abroad, as there is no handling fee.

2. Charge the credit card swiping fee.

Reasonable card swiping generally does not charge consumer fees. They give cash to facilitate turnover, because it takes a long time for the money swiped by card to be transferred into the mall account and then returned to the merchant.