Analysis of the Importance of Shanghai UnionPay POS Machine's New Policy in September to the Market

UnionPay POS machine card processing fee rate is to implement the new policy, which may be the hottest topic in the current POS payment industry. In response to the mixed situation in the market, UnionPay has made such a major measure to clean up the market and has received Merchants and consumers are widely sought after and supported. The policy has been officially implemented since 9.6, and there is also a two-month POS machine free deposit configuration. The Shanghai Refining Team combines years of management experience in the financial industry to analyze the benefits that new policies can bring to businesses and even consumers.

First, the POS machine card rate is reduced

According to the previous UnionPay regulations, the credit card rates for different service industries are different. The gap between the highest 1.25% and the lowest 0.38% is still quite large, which allows some informal third-party agencies to take advantage of . False propaganda produces a set of code machines to reach the lowest rate, but the risk is only understandable by the merchants who have been swayed. Therefore, since 9.6 days, UnionPay has fully unified the rate, which virtually eliminates the existence of the set-up machine for the merchants. It is also wrong for the small ticket account that consumers consume on the set-up machine. Once there is a problem, there is no way to complain about rights.

Second, the POS machine purchase cancellation deposit

When many POS machines are purchased, they need to pay a certain deposit under the premise of qualification. Many criminals in the market use many small merchants to start the qualifications of the UnionPay application, and pay a certain deposit to get one free and free process. POS machines are only acceptable for merchants to cater to consumer demand and increase their turnover, but the deposit is even in an unsafe environment for the funds traded on the POS machines they purchase. Therefore, the new rules of UnionPay in the two months to apply for the purchase of POS machines to remove the deposit, to a certain extent, greatly suppressed the living space of the scammers, to serve the merchants.

Third, POS machine security prospects

The POS machine market is getting hotter and hotter, and there are many bad institutions like this, but in general, with the fierce competition and the continuous rectification of the market, POS payment will usher in a greater development opportunity in the future. Only the merchants and consumers will unite to join the official to fight against the lawless elements, and then the third-party POS payment market will be clear.

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