How much is the handling fee for UnionPay credit card reader?

The handling fee rate of POS is deducted according to the percentage of transaction volume, and the rate standard varies from 0.5% to 4% according to different industries. Generally speaking, the charge standard of credit card in retail industry is 0.8%- 1%, supermarket is 0.5%, and catering industry is 2%.

The handling fee for POS card swiping shall be borne by the merchant. Merchants reach an agreement with UnionPay or the acquiring institution to use this credit card settlement service and pay a certain handling fee to the other party accordingly. Therefore, the card-swiping fee for POS machines will be distributed among banks (issuing banks), acquiring institutions and UnionPay, with the distribution ratio of 7:2: 1.

The credit card is charged at 0.60% of the single amount, and there is no cap value. For example, if you swipe a credit card of 1000 yuan, the handling fee will be deducted from 6 yuan; When credit card 10000 yuan is swiped, 60 yuan handling fee will be deducted.

Extended data:

20 12 10/,1,the central bank issued the "Notice of the People's Bank of China on Doing a Good Job in Adjusting the Standard of Card-swiping Fees", saying that this fee reduction only involves domestic bank card consumption transactions, and the merchants' card-swiping fees implemented in 2003 have been stipulated since February 20 13. The overall reduction of the credit card rate is 23% to 24%.

The credit card handling fee maintains the differential pricing of the current credit card handling fee industry. Industry classification is mainly divided into four categories: catering and entertainment, general category and people's livelihood and public welfare, with the overall downward adjustment range of 23% to 24%, of which the downward adjustment range of catering and entertainment is 37.5%.

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