The POS machine card processing fee 2018 latest standard bank pos machine card processing fee summary, the specific details of the small series for your report.
When a bank card is swiped to a POS machine, the card processing fee will be charged according to a certain rate. What is the standard for charging fees for each bank POS machine? Beginning on September 6, 2016, the new bank POS machine fee collection standard will be implemented. For the catering and department store industries, the POS machine card processing fee can be reduced by 2-4%, but the credit card capping policy is also cancelled. This means that consumers may be responsible for more POS machine fees. The following will introduce you to the standard for charging fees for each bank's pos machine.
Bank pos machine card processing fee collection standard
After the new collection standard of the bank pos machine fee on September 6, 2016, the banks also adjusted the fee collection standard. The following table is the standard for the POS machine card handling fee collection of several major banks in China.
New regulations for POS machine card processing fee on September 6
On September 6, 2016, the Chinese government officially implemented the Notice of the National Development and Reform Commission of the People's Bank of China on Improving the Pricing Mechanism for Bank Card Credit Card Fees. The POS machine has a new fee for card processing fees. The specific performance is: debit card pos The fee for the card swiping fee shall not exceed 0.35%, and the fee for the credit card POS machine shall not exceed 0.45%; in addition, the maximum network service fee shall not exceed 0.0325%.
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