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Do you need to cancel the credit card if it is not activated?

Credit cards that are not activated need to be cancelled. Credit card activation method:

1. Counter activation: The cardholder can bring his ID card and new bank card to the bank counter to activate;

2. Online activation: log in to the bank Activate the bank website corresponding to the card;

3. Telephone activation: Call the customer service hotline on the back of the card, follow the prompts to enter the bank card number, ID number and bank card validity period, then set the password and wait for the system It prompts that the bank card activation is successful.

Article 12 of the "Banking Supervision and Administration Law of the People's Republic of China and the State Council"

The term "acquiring business" as mentioned in these Measures refers to the acceptance service provided by commercial banks for merchants, etc. Credit card and complete related fund settlement services.

The acquiring business includes merchant qualification review, merchant training, acceptance terminal installation and maintenance management, obtaining transaction authorization, processing transaction information, transaction monitoring, fund advances, fund settlement, dispute handling and value-added services and other business links.

Article 13

The term “acquiring bank” as mentioned in these Measures refers to the bank that provides credit card acquiring business services to merchants or provides settlement services for credit card acquiring business in accordance with the contract and undertakes Commercial banks with responsibilities related to risk management of acquiring business.