▌ A word summary:

The state requires banks to make profits for catering, department stores and other physical industries by reducing credit card fees.

Detailed rules

◢ Reduce the credit card rate of the issuing bank.

Debit cards do not exceed 0.35%, and credit cards do not exceed 0.45%, regardless of merchant category.

◢ Reduce the network service fee rate.

It is reduced to no more than 0.065% of the transaction amount, and the card issuer and the acquirer each bear half.

◢ Adjust the upper limit control measures for service fees of issuing banks and network services.

The service fee of a single debit card issuer shall not exceed 13 yuan; The network service fee shall not exceed that of 6.5 yuan.

◢ Some merchants implement preferential prices.

The card issuing service fee and network service fee of non-profit medical institutions are fully reduced; Supermarkets, etc. , in accordance with the principle of overall stable rates, the implementation of preferential card service fees and network service fees.

◢ Official implementation date:

2065438+September 6, 2006

Policy impact analysis

◢ Benefit: Merchants' credit card cost is reduced.

The service fees of card issuers and network services in catering industry can be lowered by 53%-63% respectively, and merchants in department stores and other industries can be lowered by 23%-39%.

All kinds of merchants can reduce their spending on credit card fees by about 7.4 billion yuan each year.

◢ Negative: Bank credit card income decreased.

Banks with more debit cards and credit cards charge less.

Profits of related bank stocks declined.

◢ No impact: consumers

Do not charge the cardholder a card swiping fee.

Reduce business operating costs and bring a better consumer experience.