credit card processing fees making cut
actual credit card rates credit cards at least until 3.5%, issuers can "capital preservation". including, 3% capital, 0.2% integration costs and bad debts, operating and other costs. current credit card annual fee + fees + interest expenses revenue model, it is difficult to cover costs.
according to the 21st century business herald reported on december 28, while the national development and reform commission, "cut the card swiped rate" programme has not yet released final, banks are jittery.
"is not yet clear whether the final plan distinguishes between a debit or credit card, credit card funding, bad debts and other additional costs, 0.3% the rates obviously cannot be overwritten. "a state-owned bank bank card department official recently told reporters.
he said, if the profit contribution of credit card processing fees continued to decline, next year, the credit card business will focus on "micro-loans", that is charged by staging business related expenses.
differentiated: the high cost of debit card
the official believes that actual credit card rates credit cards at least until 3.5%, issuers can "capital preservation".
the middle of this month, commission officials started blowing lowering credit card rates on some occasions, followed by "the service fee according to the amount of credit card issuers charge on the 0.3% around, 100 yuan for; union pay transfer fee will be charged in accordance with 0.05% of the amount for each transaction, 5 yuan for" discussion programme began there out.
the current credit card processing fee is usually supermarkets, department stores, hypermarkets, such as 0.5%-1%, general retail 1%-2%, catering, hotel 2%-3%. during the actual fees, issuer, acquirer and china unionpay tripartite usually divided in 7:2:1.
according to the tariff cut scheme, commercial bank and china unionpay charge rates will drop more than 50%.
this reporter inquiries to the bank credit card center, who confirmed this, but has not received a formal notice from regulators, so for the moment discuss whether the scheme is final, had not been determined.
and before the final release, preceding those in charge considered that, first of all to distinguish between different accept debit and credit card.
domestic debit cards and credit cards to share a union settlement network, after issuing two types of banks cards credit card fees is not very different. debit card 0.7%-1% level of rates is supposed to cover the cost.
credit cards are different. the official believes that actual credit card rates credit cards at least until 3.5%, issuers can "capital preservation". including, 3% capital, 0.2% integration costs and bad debts, operating and other costs. current credit card annual fee + fees + interest expenses revenue model, it is difficult to cover costs.
"which is why according to the full aperture calculation, almost no credit cards will be profitable reason, costs of a credit card business is in rodeo. "the official believes that if credit card rates significantly reduced, would be a bigger blow to the credit card sector.
however, he also admitted that, in the middle of large banks in service fee income, 3%-5% credit card fee percentage is still relatively low, intermediate business spreads on the main source of income is still derived from fees.
stage: popular or
by not using credit weighted into risk assets accounting and staging business appeared less occupied capital cost advantage, the business started to significantly accelerate.
head of the expected profit contribution of credit card fees continued to decline, staging business next year is expected to be very popular, namely small credit with a credit card, charge fixed fees in stages.
staging operations because of low down payment costs, adverse risk was higher, the advancement of commercial bank's credit card business before staging has been more cautious, particularly in the automobiles, decoration and large staging business.