Can't shop POS machine swipe credit card? Convert to a public account

If you go to a self-employed store to spend money on a bank card, and the POS machine in a store is a personal settlement account, you will not be able to pay by credit card soon. In the past few days, many individual industrial and commercial households in Shaoxing City have been circulating a message: Go to the public settlement account, otherwise the POS machine will not be able to swipe credit cards. Yesterday, the reporter confirmed from the UnionPay that they have successively closed the POS machine associated with the personal settlement account to accept the credit card function.

Can't POS machine swipe credit card?

Individual merchants are generally worried

Yesterday, the reporter visited some commercial streets where the industrial and commercial households such as Hengfu Street, Xinjian Road and Zhongxing Road were concentrated, and found that the POS machines in most individual industrial and commercial households still supported credit cards.

"We opened an account with a personal account. Now the POS card is normal, and both the credit card and the debit card can be used." The owner of a shoe store in Fuheng Street said that he had not received a notice saying that he would close the credit card acceptance function. ”

Although many POS machines linked to personal settlement accounts are now in normal use, many individual industrial and commercial households are worried after learning that the relevant departments will gradually close the personal settlement accounts for credit card acquiring business.

"If you don't support credit card swiping, then a lot of business will be ruined." An individual industrial and commercial household who distributes leather bags in the city's Hengjie Street said that the price of the bags in their stores is relatively high. Now many people who buy them are preferred to swipe their cards. Consumption, especially credit cards, has a turnover of at least four or five thousand yuan a month in the store. If you can't swipe your credit card, then this part of the turnover may be lost.

Like this self-employed person, a self-employed person who sells clothing is also worried about the news that the POS machine of the personal account will stop the credit card. "There are more and more people using credit cards. If they can't brush, they are the equivalent of taking the initiative to keep customers out."

It is worried that stopping the credit card will have an impact on the business. In the past few days, some individual industrial and commercial households have taken the initiative to go to the bank to handle the account change procedures, and convert the personal settlement account into a public account, so as not to affect the continued acceptance of credit cards.

UnionPay Zhejiang Company confirmed:

Account does not convert facing face rejection

"If the individual industrial and commercial households do not go through the account conversion, or use the personal savings account as the settlement account, then the credit card will not be accepted soon." The person in charge of the Shaoxing business department of UnionPay Zhejiang Branch said that this is also to implement the central bank. Relevant regulations to prevent credit card cash out risks.

The person in charge said that in the relevant regulations issued by the central bank last year, there was a “strict billing account management, which prohibits the setting of personal settlement accounts of special merchants (special merchants with fixed telephone payment services) as credit card acquiring accounts. The existing acquiring institution that has used the personal settlement account of the special merchant to carry out the credit card acquiring business must immediately close the credit card acceptance function.

"According to this regulation, we first notify the self-employed to convert the settlement account. If they are not willing to convert, they will gradually close some functions. In the future, they can only use the debit card." According to the data provided by the UnionPay, the POS machine of the individual industrial and commercial households in Shaoxing The number of possessions is around 1,000 units.

UnionPay also said that in order to prevent credit cards from using POS machines to cash in, they have adopted advanced monitoring methods. Once a credit card is swiped in large amounts and is an integer, or is swiped outside normal business hours, it will investigate and prevent malicious sets from being used. Can take advantage of the opportunity.

Shaoxing Daily reporter Zhang Jiankun trainee reporter Yao Wei

Tote Bag or Handbags

Tote Bag And Gym Bag,Gym Tote Bag,Sports Tote Bag,Sports Tote

GUANGZHOU KOBE LEATHER CO.,LTD , https://www.kobebags.com