According to the provisions of Article 25 of the Measures for the Administration of Bank Cards, the following profit sharing ratio is implemented for inter-bank transactions:
(1) In cities without information exchange centers, the settlement fees charged from merchants shall be distributed according to the ratio of 90% of the issuer and 0/0% of the acquirer; Commercial banks can also conduct inter-bank transactions through negotiation, equipment sharing, agency and free of charge.
(2) In cities where information exchange centers have been established, the settlement fees collected from merchants are distributed according to the ratio of 80% of the issuing bank, 80% of the acquiring bank 10% of the information exchange center 10%.
Extended data:
"Measures for the Administration of Bank Cards" Article 34 The cardholder may apply for account cancellation after paying off all the transaction funds, overdraft principal and interest and related expenses. When the account is closed, the funds in the RMB card account of the company will be transferred to its basic account, and the funds in the foreign currency card account of the company will be transferred back to the corresponding foreign exchange account, and it is not allowed to withdraw in advance.
Thirty-ninth electronic information generated by various transactions such as deposit and withdrawal, transfer and settlement. , handled by the issuing bank according to electronic information such as passwords, which are valid vouchers for this transaction. The issuing bank can use the transaction details or list as accounting vouchers.
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