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What does credit card issuance commission mean?

Credit card issuance commission means that the credit card company issues a credit card to a bank or sales agent and obtains the corresponding commission. This model usually involves a credit card company signing an agreement with a bank or sales agent to obtain a certain percentage or fixed amount of commission by issuing credit cards. Part of the commission goes to cover the credit card company's costs, and the other part is used as profit or distributed to salespeople.

The calculation method of credit card issuance commission is usually based on performance and commission ratio. That is, the higher the sales performance generated by the salesperson or team, the higher the commission rate received. How to improve sales performance usually includes strengthening marketing, improving customer experience, improving after-sales service, etc. The commission percentage is usually negotiated between the salesperson and the credit card company, bank or sales agent.

Credit card issuance commission is a revenue-earning model for credit card companies, banks or sales agents. By issuing credit cards and having a stable customer base, you can bring steady profits to the credit card company, bank, or sales agent. For sales staff, the commission earned from each successful sale is also an incentive. Commission can stimulate the enthusiasm of sales staff and improve sales performance, thereby achieving a win-win situation with the enterprise.