The Cost Of Credit Card Reduction Is Reduced By Nearly Ten Million In Spinning City.

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< p > since February 25th, commercial banks have officially reduced the cost of POS card swiping for business owners, and the average fee of various business card printing fees has been reduced by 20%.

This will benefit the merchants of a href= "http://www.91se91.com/news/index_c.asp" > light textile > /a > City yard. According to rough statistics, the operators of light textile city can reduce their expenditure by tens of millions of yuan a year depending on the amount of credit card.

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< p > according to a staff member of a state-owned bank in Keqiao, the adjustment involves only the consumption of domestic bank cards, < a href= "http://www.91se91.com/news/index_s.asp" > paction < /a >, which means that the fees charged by Chinese UnionPay and commercial banks to merchants are not related to individual consumers, and the reduction of credit card fees is also a good sign for small and medium-sized enterprises.

Before, the rate of credit card fees was highest in hotels, restaurants, entertainment, jewelry, gold ornaments, arts and crafts, the rate of credit card handling was 2%, the rate of credit card operation in retail industry was 0.8% - 1%, the supermarket was 0.5%, and credit card fees were borne by merchants.

The rate is different, and the overall reduction is 23% to 24%.

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< p > 2009, China Light Textile City is one of the first three pilot projects in the "national credit card free demonstration market". Under the unified arrangement of the people's Bank of China and the promotion of commercial banks, the a href= "http://www.91se91.com/news/index_p.asp" > textile city "/a" bank card POS machine paction has been rapidly developed and promoted. Merchants can conduct self financing financial services through telephone POS machines, such as paction settlement, capital pfer and balance inquiry.

At present, there are about 20 thousand POS installations installed in the textile city market, with a penetration rate of more than 80%.

Last year, statistics showed that in 2011, the interbank pactions of UnionPay cards amounted to 936 thousand, with a paction volume of 54 billion 700 million yuan.

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< p > credit card fee reduction has brought real benefits to the operators of textile city.

When the cost is reduced, the profit margins will increase and the discount will be greater.

Mr. Cao's marketing department installed two POS machines, which usually cost about 1000 yuan per month for POS card printing. After adjustment, it can save more than 200 yuan and save more than 2000 yuan a year.

According to the calculation of 936 thousand brush cards in 2011, the cost of spinning operators can be saved by nearly ten million yuan a year.

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