Some banks have started to control the market, and some credit cards have been frozen in the market; everyone is alert; According to reports, Mr. Liu is a credit card holder with 7 or 8 credit cards in his hands, which are basically gold card. You must know that Jinpu Card has an annual fee. Generally, you need to swipe your card to meet a certain number of times or the amount can be exempted. In order to save the annual fee, Mr. Liu often goes to a restaurant to eat, and each time he finishes eating, he will pay by credit card. "Before and after, I went to a dozen times. Every time I paid for it, my card will be free of charge for 6 times. I didn't expect that I brushed it a dozen times, or I received an annual fee. Finally, It also caused a bad credit record," Mr. Liu complained. Why is it clear that the card is being used, but it is not counted at the bank? In response to the problems encountered by Mr. Liu, the editors are as follows: Obviously, the card is consumed, but there is no point, and it is not counted as the annual fee for the credit card. This is the so-called "set of code" transaction. What is a package transaction? The so-called credit card "set code" means that some merchants provide consumers with POS machines that are inconsistent with their merchant types. Consumers spend credit on such pos machines and cannot receive feedback such as credit card points. Credit card set code is illegal. According to the relevant regulations of the National Development and Reform Commission, different types of merchants should use different POS machines. After the merchants use the cards, the consumers will charge different proportions of the card processing fees. Catering merchants POS machine credit card rate is 0.6%, Minsheng discount merchants are 0.38%, public welfare class is 0%. Therefore, in order to avoid high rates, some merchants with higher rates will collude with third parties and install low-rate POS machines. Hand brush is really a person who loves and hates. With it, it is convenient to use cash flow, but it is not good, but it is deducted. For most hand brushes, the merchants should pay attention when they are jumping around the country. Simply do three points to avoid the risk of derating the card. 1. Swipe to pay attention to the interval 2. The credit card amount should not be an integer 3. Pay attention to trading hours 4. Pay attention to the machine source There are two other points to note 1. If the balance is insufficient, the card will be considered as a risk merchant and the bank will be frozen! 2, do not use the card reader to check the balance, it is best to call the credit card customer service phone inquiry! Light Up World Globe,Illuminated Kids Globe,Illuminated World Globe,Illuminated Rotating Globe Ningbo Holly Arts & Crafts Co.,Ltd. , https://www.world-globe.com
Not long ago, the media exposed a group of cases in which credit cards were overdue due to improper use of POS machines, resulting in bad credit records. 
In the case of Mr. Liu, the restaurant he often went to eat used a low-rate POS machine that was inconsistent with his own industry, which made Mr. Liu’s credit card transaction not count as a point transaction, and it was not considered an annual fee-free transaction.
Xiao Bian suggested that when encountering a credit card set code transaction, and retaining the evidence such as swiping the card list, contact the issuing bank, UnionPay, etc. to coordinate the complaint and strive to recover the loss.