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What does BOC Rate Offer mean?
BOC Rate Offer refers to the discounted credit card swipe rates offered by BOC (Bank of China) to some merchants. When merchants use BOC credit cards to swipe their cards, they can enjoy lower swipe rates, which reduces the operating costs of the merchants. According to the inquiry of relevant information, the promotion is mainly targeted at BOC's partner merchants, including various industries such as catering, retail, education and healthcare. Merchants are required to apply for joining the offer and fulfill certain conditions, such as requirements on sales volume and credit history. Through the BOC Rate Offer, merchants can not only enjoy lower card rates, but also gain more users and revenue. At the same time, the campaign also provides BOC credit cardholders with more benefits and services, and is an important part of BOC credit card promotion and services.