Hello, the poster

I am working in UnionPay, I hope the answer will be helpful to you

First of all, the handling fee is in accordance with UnionPay regulations. Different industries, Different business scopes and business locations charge different handling fees. For example, the handling fee for daily necessities stores is 1%, those for catering are 2%, and those doing business in professional wholesale markets can charge 0.8%, with a cap of 50 yuan. So who is collecting the handling fee?

Let me first introduce to you the working principle of credit card consumption. First of all, credit card consumption involves four parties. The first is the consumer, the second is the merchant, and the third is the acquiring bank (that is, the merchant chooses The bank that opens a public account or a private account), and the fourth is the card-issuing bank (that is, the bank where the consumer holds the card). The process is roughly like this. After successful first, the consumer will swipe the card, and the account will be temporarily transferred to UnionPay. Deduction, clearing is done through UnionPay, and the relevant handling fees generated by card swiping are deducted. After UnionPay clears, the account is divided between the acquiring bank and the card-issuing bank according to the rate of return. The acquiring bank then transfers the money to the merchant. . So in summary, the handling fee is charged by both the bank and UnionPay. As for the distribution of handling fee interest rate, it is based on the 721 principle, that is, 70% for the issuing bank, 20% for the acquiring bank, and 10% for UnionPay. Finally, I wish you a happy life~< /p>