How to identify the jumping code of POS machine? How to identify POS machine code jump?
| Credit card receipt. If it is a large machine, there will be a card swipe receipt. On the card payment receipt, we can see the 15-digit merchant number. If we don't have a personal manual POS machine for card swipe receipts, we have to check in the China UnionPay QuickPass software. Bank app. For example, if we use a credit card from a certain bank, we download the bank’s app. In the app, we can see every transaction in the bill, including the swipe amount, swipe time, and merchant name. China UnionPay official software: Cloud QuickPass. This can accurately show whether your bank statement is the same as the bill for the previous year. The above are the query results on the UnionPay bill for the same transaction. We check whether the merchant name and MCC code of the credit card receipt, bank statement and UnionPay statement are consistent. If they are all the same, it proves that there is no code jump. If they are inconsistent, it proves that the code has jumped. POS machines that do not jump codes can help maintain the card and increase the credit limit, while POS machines that jump codes can easily result in a reduction in credit limit or a card freeze. Therefore, cardholders must be careful and keep their eyes open. What impact does POS code jumping have on credit cards? POS code jumping will trigger the bank's risk control system, and the bank will reduce the cardholder's credit limit or freeze the cardholder's credit card. When a cardholder uses a POS machine to swipe his card for payment, the bank will charge the merchant a certain amount of handling fee. In order to reduce or eliminate the handling fee, some merchants replace the POS machine with a code-hopping POS machine through an intermediary. For example: a cardholder goes to a hotel to eat and uses a credit card to pay the bill, but the POS receipt shows that the cardholder has spent money at a hospital or a charity, which may be in another city. Out-of-town consumption will trigger the bank’s risk control system. Banks provide credit cards to cardholders in order to make a profit. Merchants who reduce or eliminate transaction fees by using code-hopping POS machines directly damage the interests of banks. The bank will reduce the credit limit of the cardholder or block the card. It is very simple for banks to detect whether cardholders use code-hopping POS machines to swipe cards, and they can draw conclusions by checking consumption records. No one goes to the hospital every day, right? When a bank issues a credit card to a cardholder, it will also observe the cardholder's health condition. Once the bank's risk control system is triggered, it will be difficult for the cardholder to increase the credit limit. Cardholders need to maintain a good card usage record and diversify their spending within six months in order to have their credit limit increased. |
<<: Would you like to know the 10 tips for Weibo operation and promotion?
>>: When placing Tik Tok ads, should you choose FEED stream or DOU+? Pure dry goods!
Recommend
How OTT advertising has become the key to success in large-screen marketing: Coocaa Network
As OTT has developed to this day, big data mining...
How was the world's first telegram sent? Uncovering the birth and evolution of the telegram
Throughout human history, the transmission of inf...
This is a benefit for Saint Seiya fans. Experience the PS4 version of the game "Saint Seiya"
The term "movie-game linkage" has becom...
Share: HTML5 game development experience and development tools
[[147896]] When you develop a game based on HTML5...
Staying up late to watch the game, how to take a nap? Huaxi doctors: Don't exceed this time, otherwise...
Let Dr. Huaxi take a look Which babies are there ...
CES2015: Razer Forge TV Gaming Set-Top Box
Are you tired of the smartphones, watches and car...
Can LeTV's mobile phone, with its open vs. closed ecological model, bring Apple down from its pedestal?
"I believe Apple is still the greatest compan...
Summary of optimization of information flow and fan delivery!
There are two types of information flow followers...
How to analyze user portraits in product operation and promotion!
User portraits are like labeling users, and each ...
Trans fats are harmful, so can we eat foods marked “0” safely?
As the concept of healthy eating becomes more pop...
Still worried about promotion? Here is a list of promotion channels for your reference
For operations , user volume and revenue are the ...
Shake the mask before wearing it to get rid of carcinogens?
In the past two days, a video stating that "...
Toutiao Advertising Manual, let your information flow ads be on the "headlines"!
Recently, CB Insights, a well-known American vent...
How to place Amazon CPC ads? How to do Amazon CPC ads?
The performance of CPC directly affects the sales...
A glimpse of the leopard: product technology direction from CES 2016
Every year, CES always showcases a lot of excitin...