However, it should be noted that you can't use your own pos machine to swipe your credit card, because such an operation may involve illegal cashing. Illegal cashing refers to changing the use of funds through false transactions and using the cashed funds for illegal purposes. This will not only disturb the normal financial order, but also have a serious impact on the credit history of cardholders.
: 1. What is a pos machine?
POS means "point of sale" in Chinese, and its full name is point of sale information management system. It is a terminal reader with bar code or OCR code technology, which has the cash or barter limit cashier function. Its main task is to provide data services and management functions for commodity and media transactions, and to carry out non-cash settlement. POS is a multifunctional terminal. If it is installed in the special merchants and acceptance outlets of credit cards and connected to the computer, the automatic transfer of electronic funds can be realized. It has the functions of supporting consumption, pre-authorization, balance inquiry, transfer and so on, which is safe, fast and reliable. It is difficult to get the basic business information of block trades. The introduction of POS system is mainly to solve the blind spot of retail information management. It is an important part of chain store management information system.
Second, what is a credit card?
Credit card is a non-cash transaction payment method and a simple credit service. Credit cards are generally plastic cards with a length of 85.60 mm, a width of 53.98 mm and a thickness of 65,438+0 mm, which are issued to cardholders by banks or credit card companies according to users' credit and financial resources. Cardholders do not need to pay cash when using credit cards, and make repayment on the checkout date. Except for some credit cards combined with financial cards, credit cards are different from debit cards and ATM cards, and credit cards will not directly deduct money from users' accounts.
Credit card is a special carrier card with consumer credit issued by commercial banks to individuals and units. It is a card with the name of the issuer, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature on the back.
A real credit card has the following characteristics: cash is not allowed to be pre-deposited, it is paid after consumption, it enjoys an interest-free repayment period, and it can be repaid in installments (with a minimum repayment amount). Joining international credit card organizations such as VISA and MASTER can be used worldwide.