In order to avoid risks, banks will agree on a charging ratio, charging merchants' handling fees, such as 1%. Every time they consume 1 yuan, they need merchants to pay 1 yuan's handling fees. The procedures in 1 yuan are also divided into three parts, one for the issuing bank, one for the acquiring bank (issued by POS machines) and one for UnionPay, which are distributed according to a certain proportion. This mechanism has always been implemented and has been adjusted recently. There are also three companies whose share ratio has been adjusted, but no matter how it is adjusted, it has nothing to do with credit card users, but there are handling fees behind it that businesses need to consider. The use of credit cards itself is to promote business sales and increase sales, and it is also appropriate to pay a certain handling fee. However, some people are calculating and want to share this part of the expenditure cost with consumers, so sometimes when they consume, businesses propose to pay dozens more for credit cards, which is the reason for the handling fee!

Further reading:

Handling fees for cash advances made by major banks in China:

1. Guangfa: 5.5 yuan is charged for each remittance, with an additional deposit fee of five ten thousandths, ranging from 1 yuan to 2 yuan.

2. Broad: the handling fee is .5% of the remittance amount, ranging from 5 yuan to 5 yuan.

3. Postal service: .5% of remittance is charged, with the highest charge in 5 yuan.

4. People's livelihood: 1W (inclusive) RMB remittance from other banks, electronic remittance fee in 5 yuan, handling fee in .5 yuan; 1W--1W (inclusive) RMB remittance from other banks, 1 yuan for electronic remittance and .5 yuan for handling fee; 1W--5W (inclusive) RMB remittance from other banks, 15 yuan for electronic remittance and .5 yuan for handling fee; 5W-1W (inclusive) RMB remittance from other banks, 2 yuan for electronic remittance and .5 yuan for handling fee; If it is more than 1W, it will be charged at .2‰ (maximum 2 yuan) of the remittance amount

5. Pudong Development: it will be charged at .8% of the remittance amount, with the lowest in 2 yuan and the highest in 4 yuan.

6. CITIC: 1% of the remittance amount is charged, ranging from 1 yuan to 5 yuan.