What Is a Card Skimmer?

The credit card machine is referred to as the POS terminal. The terminal sends the information to the UnionPay platform by dialing on the phone line. After identifying the relevant information, the UnionPay platform will send the debit information to the card issuing bank, and after confirming by the card issuing bank, send the message back to UnionPay On the platform, after the CUP confirms, it will send the processed information to the front-end terminal. After receiving the confirmed information, the terminal prints the document. The mobile POS terminal has the same principle, and its information is sent and received through data signals. The communication cost is not much. It is calculated based on the traffic. The fixed terminal communication cost is charged by the telecommunications company according to the local standard!

Credit card machine

The credit card machine is referred to as the POS terminal. The terminal sends information to the UnionPay platform by dialing on the phone line. After identifying the relevant information, the UnionPay platform will send the deduction information to

We use BOC cards to withdraw money from ICBC machines, that is, the systems of ICBC and BOC use the system platform provided by UnionPay to transfer data to complete transactions. The POS machine is also the system of the customer's card issuer and the merchant's settlement bank connected via UnionPay.

The clearing bank is the most important. It provides a system to complete the transaction, and is responsible for sending the funds generated by the credit card to the merchant's account to open the account, so the merchant is required to charge a fee, which is the origin of the handling fee. There is actually no uniform standard for handling fees. You can designate a settlement bank with a satisfactory price with this bank. Often, the bank will provide you with the POS machine. It is only a hardware carrier of information. UnionPay is only This information transfer platform, only banks have the right to send transaction instructions and transfer funds.

POS machines must be connected to the UnionPay network in order to trade. Different connection methods have produced different types of POS. This can be understood as calling. The POS plugged into the telephone line is the majority, just like telecommunications are the most common; the mobile GPRS network is the mobile POS, just like a mobile phone can carry with you. The connection to the computer is called MISPOS. It is convenient for large-scale merchants to adopt unified management for many POSs. It is not used by general merchants. The cost incurred in this way is the communication fee. The merchant pays Telecom Mobile, and it has nothing to do with the bank UnionPay.

UnionPay has a subsidiary called UnionPay Commerce, which is responsible for providing and installing POS machines and hardware maintenance of the machines. We can apply for it to install the machine, and future maintenance will not cost money unless it is damaged by man.

Swipe mobile phone is a combination of integrated encryption chip and PSAM card, which can not only realize the functions of mobile phone, but also realize many business functions such as transfer, remittance, balance inquiry, credit card repayment, etc. All transaction bank card passwords adopt built-in random password Keyboard input, which effectively prevents the insecure hidden dangers of third-party input methods, is safe and reliable, and all data in communication is encrypted by hardware.

One type is third-party payment, which uses non-financial institutions' third-party payment companies as credit intermediaries. By signing contracts with major domestic and foreign banks, it has good strength and credit protection. It is an independent guarantee of the interests of both parties to the transaction under the supervision of the bank An institution that establishes some form of data exchange and payment confirmation process between consumers and banks. Lok Fu Payment provides the majority of bank cardholders with real-time offline payment services based on POS terminals, and provides terminal merchants with POS application / approval, automatic checkout / reconciliation, cross-region T + 1 clearing, fund collection, Comprehensive services such as multi-account management.

Since its establishment in 2011, Lok Fu Pay has worked hard on the construction of risk control systems and the implementation of safety technologies. At present, bank-level risk control and security capabilities have been fully realized. On the risk control system side, by integrating the full platform resources of PBOC, UnionPay, and commercial banks, and taking national policies as the criterion, Loft's full-scale full-chain implementation of fund supervision and transaction monitoring. At the same time, based on the four core links of "risk prevention, risk monitoring, risk investigation, and risk handling," Lok Fu went from the network access qualification review to the risk system implementation of monitoring transaction data, investigating risk cases, and adopting risk control measures until the processing of risk cases, Submitted to the supervisory authority and the public security department, a one-stop risk prevention and protection system has been established for the entire process. In terms of security, with three core modules: "network security measures, transaction authorization security measures, and follow-up remediation", Lok Fu builds Aegis-class funds security guarantee matrix for users. First, network security covers multi-layered protection encryption settings such as firewalls, MD5 digital signatures, PCI security certification, SSL certificate encryption, and password security controls. Secondly, in the transaction authorization security measures, multi-level authorization identification tools such as security center, security toolbar, digital certificate, Lofo Shield, and mobile phone dynamic password are integrated. Finally, in the follow-up remediation, a series of additional processing methods such as case tracking, case back-checking, blacklisting, data analysis, and RMCS rule adjustment were integrated. Industry veterans believe that Loft Payment's entire security system is complete in layers, with comprehensive application environment and scenario coverage, and will gradually become the security coordinate of China's third-party payment industry.

1. Convenience: You can complete the payment anytime, anywhere, and as you wish without being restricted by time and space.

1. Enterprise boss (smart card reader is preferred)
2. The company's middle and senior managers and white-collar workers (smart credit card machine is preferred);
3. High-end clubs 4. Institutions 5. Enterprise associations / chambers of commerce 6. Individual terminal merchants 7. Training institutions 8. Swipe cards

Credit card machine support business

Support bank card transfer and remittance, balance inquiry, credit card repayment, recharge, buy lottery tickets, buy air tickets, check balance, game card recharge, etc.

Credit card machine service business

You can use this credit card mobile phone to achieve a number of convenience services such as phone charges, buying lottery tickets, buying air tickets, paying utility bills, and so on.

Credit card machine after upgrading business

After the upgrade, you can complete credit card payments, order payments, Alipay transfers, high-end travel, currency exchange, yachts, helicopter rental, and more.