1. What is the limit? POS machine quotas are common to merchants that settle accounts with private accounts, such as single transaction limits, or single card transaction limits, or daily arrival limits, etc., which impose different limit requirements based on different risk control policies of the acquirer to reduce illegal transactions. risk. 2. What is the code hop? The so-called general hopping code means that the merchant clearly applies for the livelihood industry rate, but the actual consumption statement is the wholesale or other lower rate industry, and the acquirer obtains a higher fee difference profit. Some merchants often wonder why there are no points in the previous consumption or sometimes there are points. This is because the acquirer uses the system to discriminate the transaction amount and transfer the profitable transaction to the capping channel with lower rate. . 3. What is a machine and a code? The machine that is officially processed is one machine and one code. According to the five-certificate information of the merchant, the MCC code authorized by UnionPay and can be checked is bound to a machine to protect the security of the merchant's funds. 4. What is the cutting machine? Replace the original bank card acquirer of the POS machine with the new bank card acquirer. 5. What is a card? Cards are those individuals who use the credit card used for personal financing to maintain their own credit card, so that the credit card maintains a good card record to protect the existing quota or to increase the amount according to the card issuer's regulations after a period of time. More activity funds. NINGBO BRIGHT MAX CO., LTD. , https://www.smartrider-horsecare.com
POS machines can be found everywhere in our lives, such as shopping for cards, eating and swiping cards. So what do you know about the pos machine? The following small series gives you a brief introduction to the little knowledge about POS machines.