Personal analysis:

Of course, there is an upper limit to the handling fee, and there must also be a limit to the payment company's pos products. For example, swipe a savings card and deduct the handling fee of 25 yuan's money. If you swipe your savings card for 50,000 yuan, you will also have to deduct 25 yuan money. Brush the savings card100000, and deduct 25 yuan's money. If the company's POS products are paid normally, the savings card will limit the single amount to 50,000 yuan, and the amount of POS machines in trading tips will exceed this limit.

Quota limit of business category:

Because the security of magnetic stripe card is not as high as that of chip card, because magnetic stripe card is easy to be copied, and chip card cannot be copied at present. The magnetic stripe card was stolen, and there are still many events to be adjusted. Therefore, all large transactions of magnetic stripe cards will fail. FK transaction amount exceeds the limit. Please use the bank card for authentication. This is a means for payment companies to protect the interests of merchants. Because magnetic stripe cards are easy to be copied and stolen, chip cards do not have this problem.

Reasons why the magnetic stripe card is not certified:

1. It may be because the magnetic stripe card is demagnetized or damaged. In this case, the cardholder needs to bring his personal ID card and credit card to the bank outlet to replace the chip card.

2. It may be that the cardholder spends too much in a single transaction. Because the traditional magnetic stripe card is easy to be copied, in order to ensure the safety of consumption, the bank will set a single consumption quota, usually more than 5,000 yuan will receive a prompt that the magnetic stripe card is not certified. Generally verify the magnetic stripe card number and the mobile phone number reserved by the bank, and you can continue to use it.

The transfer limit refers to the maximum amount when the wealth management account transfers money to accounts other than the associated card and the agreement account. If the transmission limit is exceeded, the transmission instruction will not be executed.

Transfer restriction

Features:

1. There is a single transfer limit and a monthly total transfer limit.

2. The default single transfer limit and total monthly transfer limit are 1 1,000 yuan.

3. Customers can set their own transfer limit through the bank counter and professional wealth account, and must verify their ID cards.