How Can Credit Cards Effectively Avoid Refusal Of Payment?

In Europe and America, the credit system has been well established.

But the use of PayPal often accounts for the freezing of accounts. Why is this? The third party PayPal company is not a bank or a credit card organization, but a separate third party payment, and its policy is constantly changing. Specifically, what kind of policy is only known by PayPal insiders, and there are a series of strict restrictions on PayPal. For example, withdrawal must leave 30% margin. If it is extracted, it will be frozen immediately. Once the freeze is very troublesome, if merchants are to make virtual products (game equipment, game cards, etc.), it is basically impossible to freeze after freezing.

Because PayPal company is discriminated against Chinese accounts, it is generally not necessary to advise merchants to use this channel. Many PayPal account merchants are also equipped with credit card payment channels. Once PayPal is frozen, replace them with credit card channels.

Credit card's refusal to pay is relatively troublesome, requiring users to apply to the bank, and will leave a pen in the user's bank record. Users will not make trouble in general.

The third is that sellers can do more work to prevent the occurrence of malicious refusal to pay, such as leaving a record of the contents of the two sides' correspondence. When the amount is large, they ask the other party to fax the two sides of the credit card, so that they can effectively prevent malicious refusal to pay. They can also deliberately avoid clients who refuse to pay in a more serious area.

Like those in Europe and America, the credit system has been built up. Credit card consumption is closely related to people's life, study, work and social life. The use of credit card consumption is related to people's credit records, while the PayPal account is not the same. This is also different from PayPal payment.

The credit card organization has a rule that if a credit card refuses to pay, it will certainly brush on the cardholder's credit record, whether malicious or not.

This means that no one will easily refuse to pay. Once the application is refused, the issuing bank and the third party company providing credit card access will also be involved in the investigation, which is quite troublesome for the cardholder.

This is also why credit cards can effectively avoid refusing to pay.

According to the unification of credit card organizations, the rate of credit card refusal is only 3/10000.