Write this article because there are many friends to consult, why go to the bank to handle the pos machine and finally open the background to find out that it is a certain payment company, what is the relationship between the payment company and the bank.

There are two main reasons for this.

First, the POS machine is mainly the business of UnionPay. UnionPay is the settlement unit and regulatory agency of UnionPay card. The UnionPay has more than 60 payment companies with third-party offline POS receipts with formal central bank licenses. Since the POS machine is not the main business of the bank, most of the banks cooperate with third-party payment companies in the form of outsourcing, and the equipment is provided by third-party payment company agents. The management and maintenance are also outsourced. The bank handles the POS machine. The business asks the merchant for some deposits and other requirements. Then transfer the cooperation and maintenance of the third-party business.

Second, the pos machine business is not a profitable package for the bank. If there is a pos machine agent and a bank staff member, the bank staff is willing to recommend the customer to the agent. A few times, some friends who consulted asked me; "How to go to ICBC and other banks to handle the POS machine. The bank personnel asked me to go to the POS machine of the network, Vanke pos machine, and the bank staff gave a contact information." These still have not The second payment machine for the formal payment license.

So everyone chooses pos machine, the most important thing is to choose the payment platform. Before you handle it, you must ask what platform it is. The formal POS machine has the personal background of the merchant. After the machine is disconnected, you can open the merchant back office to confirm whether it is a formal payment license. The payment company can handle the pos machine that can be found in the payment company of the People's Bank of China. It can guarantee your absolute financial security. Under this premise, it is more stable to identify which payment company's system is more stable. In time, if you have more requirements, you can also learn about hopping codes and set numbers.