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What does it mean that Minsheng Credit Card appears when swiping (restricting business card printing)?
There are several main reasons:

1, the balance is insufficient for many times, continue to swipe the card, and the balance is insufficient for more than three times;

2. If the password is entered incorrectly for too many times, if the password is locked for three times, it will be restricted for more than four times, so don't exceed three times;

3. If the magnetic stripe card swipes more than 20,000 cards, it needs to be authenticated, not authenticated, or the authentication fails. In order to ensure the security of cardholders' funds, it is restricted by the platform;

4, expired cards, loss reporting cards, after brushing, will touch the platform risk control, becoming a restricted business card printing;

5. A card can only be traded on a POS machine of Haike platform in one day, otherwise, cross-regional consumption of the same card will occur in one day, and if you continue to swipe your card, it will be restricted.

Extended data:

When swiping a card, after the cardholder reaches the total overdraft limit of the credit card, the additional overdraft limit given by the bank is generally 10% of the original overdraft limit. The advantages of this are: the cardholder does not need to temporarily apply for a higher quota or can't swipe his card; The disadvantage is that the cardholder has to pay 5% of the overdraft limit.

In order to avoid being charged by the bank, some cardholders turn to the bank to apply for a temporary increase in overdraft limit, the increase rate is mostly 10%-20%, and the term is usually 1 month. After the specified time, the credit card was restored to the original limit. Therefore, cardholders must remember the term of the temporary limit to avoid the phenomenon of overdue repayment of credit cards.

Cardholders with large overdraft amount must remember the last repayment date after receiving the bill and try to pay off all expenses before the due repayment date. If you really can't afford to pay, apply for installment repayment as soon as possible or adopt the minimum repayment method to avoid being penalized by the bank.

Baidu Encyclopedia-Notice on Printing and Distributing the Measures for the Administration of Credit Card Business

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