POS machine receipt basic knowledge, how much do you know?


In the past, we will also share some POS machine common sense, but generally it is a failure in the process of use. Today’s knowledge of the compilation, Xiaobian is also very beneficial, because I really don’t know the meaning of this meaning. It seems that I don’t know enough. For our card people, I will study hard and share the knowledge I have learned with fans of Kamin’s assistants. Today, I will give you the knowledge about POS machine receipts. It is helpful for our POS merchants. For example, some customers are always confused about T+1 and D+1. Today, there are correct explanations in the article!

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 machine to join the network?

The source of the pos machine terminal generally has two places, or is a custom machine provided by the payment company. The pos machine program belonging to the brand has been installed in the pos machine, or the bare machine sold by the pos terminal manufacturer is provided by the downstream channel. Negotiate the purchase price, and install the pos machine program of the model provided by the payment company, and need to enter the equipment number of these self-contained bare metal into the payment company's system database. Many payment companies support their own channel operators to join the network. However, in fact, according to the UnionPay regulations, such behaviors are likely to cause trade security risks are not allowed.

3. What is the sn number, device number, serial number?

The product serial number of the pos machine manufacturer for each terminal is generally called the sn number, which is generally printed on the back of the pos machine. The purchaser needs to enter the sn number in the system, and the pos machine can connect with the system background.


4. What is t+1/t+0/, d+1/d+0?

T+1 is the second business day to arrive;
t+0 is the day of the business day;
D+1 is the next day (including rest days, holidays);
d+0 is the day of the year (including holidays, holidays).

5. What is the cutting machine?

Replace the original bank card acquirer of the POS machine with the new bank card acquirer.

6. What is it: do local merchants land?

The so-called landing merchants refer to some personally applied POS machines or card readers used to swipe their own credit cards. If the card issuing bank sees that the card is always in the same merchant, it will be considered as cash or risk trading suspects, in order to avoid In this case, the acquirer is set in the system, and each transaction can automatically jump to display different merchant names, and the address of the merchant is local. If it does not land, if you jump to the merchants in the country, it will obviously be abnormal consumption in a short period of time, which will affect the use of credit cards.

7. Can the name of the merchant be taken at will?

It is not allowed to start at will. According to the requirements of the trading message specified by UnionPay (the guide for the completion of the Chinese name of the merchant), the name of the merchant is composed of administrative divisions, font size, industry and organization.

8. What is the withdrawal fee?

Generally refers to the service provided by the acquirer on the same day, the normal situation of the customer's transaction in the merchant pos machine is the next day, that is, t+1 to the account. The merchant needs to arrive at the account on the same day, that is, t+0 or d+0 to the account service, that is, need to apply for cash withdrawal, because the cash withdrawal is for the other party, so a certain percentage of the withdrawal fee is required.

9. What is a foreign currency machine?

It can support the pos machine of foreign visa card (visa master). Most of the companies that apply for it are bar catering, star-rated hotels, foreign trade companies that often go out to exhibit, and industrial enterprises. As far as the pos industry is concerned, there are only two cases of foreign currency pos machines. One is cashing out, and the basic ones are foreign pseudo-card copy cards. One is to raise cards. Currently, there are mobile applications using foreign accounts. Payment software + card reader, and then use the software to locate the mobile phone abroad, to simulate the situation of foreign transactions, spending a few dollars, not to account,

However, some credit card issuers will temporarily increase their credit limit for credit cards that can be traded abroad, so that some people use this to earn a high fee for the card-raising business, but the credit card has the risk of being blocked. Card God specifically reminded that the current foreign currency brush head is a high-risk area for bank supervision, and the death rate is particularly high.

10. What is a "downgrade transaction"?

Downgrade transaction means: if the bank card chip data cannot be read, the magnetic stripe is degraded, but now the bank gradually closes the downgrade transaction. When the pos is operated, the plugging and brushing sometimes causes the pos to promptly reject the downgrade transaction. .

11. What is the bank number?

The Lianhanghao is the only identification mark of a regional bank. It is used for the inter-regional payment and settlement business of the large-payment system of the large-value payment system organized by the People's Bank of China, the national check image system of the city commercial bank bank draft system (including the city's same-city automatic clearing system). It consists of 12 digits: 3 bank code + 4 digit city code + 4 bank number +1 digit check digit.

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