⊙ The merchant is not listed in the bad information system of China UnionPay or governments at all levels and relevant departments.

⊙ The merchant holds a valid business license issued by the industrial and commercial department.

The merchant holds a valid tax registration certificate.

⊙ The merchant has an official seal and financial seal.

⊙ The merchant has opened a corporate settlement account in the bank.

The merchant has a fixed place of business.

⊙ The merchant has a certain scale of operation and sustainable operation ability.

2. General steps for special merchants to apply for and install POS machines

⊙ Truthfully reflect the situation and cooperate with UnionPay account manager to fill out the Merchant Information Questionnaire.

⊙ Fill in the "Shenzhen UnionPay Public POS Merchants Network Registration Form"

⊙ Fill in the Agreement on Acceptance of Bank Cards and Installation of POS Equipment by Special Merchants.

⊙ Fill in the Agreement on Entrusted Bank Collection.

Provide a copy of the business license and tax registration certificate stamped with the official seal.

⊙ UnionPay approval stage (three to five working days)

Terminal program download and test

⊙ UnionPay staff installed

Merchant training

⊙ Fill in Installation Receipt and Merchant Training Information Feedback Form.

Since the money swiped by your POS machine requires you to take the credit card to the bank to exchange cash or transfer money, you will be foolproof if you keep the credit card.