What does credit card stop payment mean?

Credit card stop payment refers to a step taken by individuals or banks to reduce the losses and risks of cardholders when there are security risks in their credit cards. As a precautionary measure, credit card payments are temporarily suspended.

Credit card payment stop is generally divided into: 1. The cardholder actively stops payment. The cardholder's initiative to stop payment usually occurs when the credit card is lost or stolen;

2. The card issuer stops payment. The card issuer's payment stop usually occurs when the credit card is used for payment in an unfamiliar payment environment;

3. The head office stops payment. The head office's payment stop usually occurs when the credit card's overdue amount is large, the overdue time is long, and the cardholder has no intention to repay;

4. The cardholder actively cancels the payment. When the cardholder does not need to use the credit card, he can bring the credit card to the card-issuing bank to handle account cancellation.

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1. Under what circumstances will a personal credit card account stop paying?

Stop payment is divided into two situations: the cardholder applies to stop payment and the bank stops payment:

(1) The cardholder applies to stop payment: the cardholder due to credit card If you actively apply for a protected stop payment from the bank due to loss, theft, or special personal circumstances, the stop payment in this case will not affect the credit status of the cardholder;

(2) Stop payment by the bank Behavior: The bank can monitor the card usage of the cardholder in real time. Once it discovers illegal card use, overdue card use, false card application, fraudulent use or other potential risks, the bank has the right to stop payment on the credit card to protect the safety of funds.

2. Under what conditions can cardholders apply to lift the payment stop?

(1) The cardholder actively applies to stop payment, the cardholder receives a new card after applying for a credit card loss report, or the cardholder himself believes that his card is no longer risky and does not require card protection. , you can call the customer service center to apply for lifting the stop payment status;

(2) If the bank actively stops payment, it will be handled in four situations:

1. Stop payment due to overdraft , the cardholder can apply to the card-issuing bank to lift the payment stop after promptly repaying the overdue principal and interest. However, the bank has the right to reduce the limit before lifting the stop payment at its discretion, and even has the right to reduce the limit of high-risk overdue cardholders by 0 and not lift the stop payment;

2. Due to suspected cash out If the payment is stopped, the cardholder needs to provide compliant card swiping credentials before applying for lifting the stop payment. The credentials include card swiping receipts, merchant invoices or shipping orders, etc. that can prove that the cardholder uses the card normally;

3. Potential risk customers have their payments stopped

The bank must conduct a risk check and verification on the cardholder. After eliminating potential risks, the bank will lift the payment stop as appropriate;

4. The bank will not lift the payment stop for false cards or counterfeit cards.

3. How does the cardholder apply for cancellation

If the above conditions for lifting the payment stop are met, the cardholder can apply for lifting the payment stop status through the following channels:

(1) Call the bank’s credit card service hotline to apply;

(2) The cardholder goes to the local card issuer to apply with his or her ID card, credit card and credit card payment receipt.

What does credit card stop payment mean?

Credit card stop payment is a measure taken by banks to strengthen management, ensure security, and prevent counterfeit cards and lost cards from being used to cause losses and adverse effects. preventive measures. It is also an important step to stop payment of the main card or supplementary card at the request of the cardholder to reduce the cardholder's losses and risks.

This usually occurs when the credit card is overdue for more than 3 months and has been invalidated after at least 2 reminders, or when the bank detects serious violations of usage. Once the credit card stops paying, the bank usually Applications for reinstatement will not be accepted.

What does credit card stop payment mean?

A stop payment is a stop payment issued by the payer. It is a preventive measure taken by banks to strengthen management, ensure security, and prevent counterfeit and lost cards from being used, as well as losses and adverse effects caused by lost bills. At the same time, it is also an important step to stop payment of the main card or supplementary card at the request of the cardholder and reduce the cardholder's losses and risks.

1. Credit card payment stop.

Credit card payment stop is generally divided into cardholder's initiative to stop payment, card issuing bank to stop payment, head office to stop payment and cardholder's initiative to cancel.

Credit card payment stop types:

1. Report the loss of the card;

2. The main card requires stop payment of the supplementary card, and the unit requires the stop payment of the company card;

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3. Credit cards that exceed the limit but are not repaid within the deadline;

4. Emergency stop payment cards in this period.

2. Reporting the loss of the bill and stopping payment

Stop payment of the bill means that the loser notifies the payer of the loss of the bill and instructs the payer to stop paying the bill. Remedies after loss.

After the check is issued, due to loss or other reasons, the holder or the invoicer requests his or her bank to stop payment for the check. The holder or invoicer can first notify the bank by phone, and the bank will agree to stop payment after receiving written confirmation.

The customer must indicate the number, amount, date and payee name on their check stub. Once the bank receives a stop payment request, it first verifies whether the check has not been paid yet. If payment is not made, the ticket will be returned and the reply "stop payment" or "cancel payment" will be given. If the customer's written confirmation has not yet arrived, the bank's response is "awaiting confirmation of the stop payment order." All these responses must be communicated to the payee, who will find the ticketer to resolve the issue.

You should pay attention to the following points when reporting loss and stopping payment:

1. Only those who have lost the ticket have the right to notify the stop of payment.

2. It must be timely. If the payment has been made before reporting the loss, if the payer has no malicious intent or gross negligence, the consequences will be borne by the person who lost the note.

3. The loss should be reported in writing. In special circumstances, it can be reported verbally over the phone, and then the written procedure should be completed immediately.

4. The lost bill must be a legal and valid bill. For bills that have been seized, confiscated, or ruled to belong to others by judicial authorities, the original obligee shall not apply to report the loss and stop payment.

5. Within 3 days after reporting the loss, you should apply for a public notice or notify the people.

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How to lift credit card stop payments

Credit card stop payments can be lifted, but not all stop payments can be lifted successfully. If you want to lift the payment stop on your credit card, you can request the bank to lift the payment stop on your own, or you can wait for the bank to take the initiative to lift the payment stop on your credit card, but the latter is almost difficult to do.

So if you want to resume using your card as quickly as possible, it is recommended to ask the bank to lift the payment stop yourself. There is a premise here, that is, you must ensure that your credit card does not have any risks. You do not need to When protecting the card, you can call the customer service center to apply for lifting the stop payment status, or go to the local card issuer with your ID card, credit card and credit card swipe credentials to apply for lifting the credit card stop payment status.

If your credit card is not overdue and has not been cashed out, but it has been stopped by the bank, and you want the bank to help you lift the stop payment status, you must provide concrete evidence to prove that you are using the card properly. . After the bank receives your application to lift the stop payment, it will verify your card usage, so it will take some time to lift the stop payment, but it will not take a long time. It depends on the bank's processing speed.

This is the end of the introduction about credit card stop payment and whether credit card stop payment is a blacklist. Have you found the information you need?