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Nov 02, 2021 12:23 PM (GMT+8) · EqualOcean
UnionPay commerce Co., Ltd. issued a notice and decided to implement the preferential payment of handling charges for qualified merchants from September 30, 2021 to September 29, 2024, as follows: 1. For the offline consumer transactions of debit cards of all standard merchants, the top value of card issuance and transfer fees will remain unchanged. Preferential merchants continue to maintain the original 7.8% discount without adjustment. 2. For online payment transactions of small and micro enterprises, individual industrial and commercial households and individuals with business activities, a 10% discount on the base date (June 25, 2021) shall be implemented for the transaction handling fee.

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