What does the specific merchant limit of GF Card mean?

The specific merchant limit of GF Card refers to the amount of consumption within the limited limit.

1. According to the regulations of China Guangfa Bank, the daily cumulative payment limit is divided into three parts:

1. The industry limit set according to the characteristics of the industry (card password: 1000 yuan per day; SMS dynamic verification code: low security level (set through online banking) 5,000 yuan, high security level (set through counters and other channels) 20,000 months; Key Shield:

1,000,000 yuan per day; key order: 50,000 yuan per day);

2. The payment limit set by China Guangfa Bank for a certain merchant;

3. Customer-defined payment limit.

2. As of June 24, 2019, the online payment limit of third-party payment instruments:

Large-value credit card online banking payment: a single limit of 10,000 yuan, a daily cumulative limit of 10,000 yuan;

Large-value credit card online banking payment: a single limit of 500,000 yuan, and a daily cumulative limit of 500,000 yuan;

Small credit card online banking payment: a single limit of 2,000 yuan, a daily cumulative limit of 2,000 yuan;

It is recommended that you call the credit card of China Guangfa Bank** 4008308003 for consultation.

The quota of specific merchants of GF Credit Card cannot be lifted by itself.

In this case, the credit card is generally controlled by the bank, and the cardholder should replace the POS machine for card use, and at the same time pay attention to the diversification of consumption scenarios, and will be lifted in the future. In this case, you can call customer service ** for consultation, and then deal with it according to the advice given by customer service.

The specific merchant limit of China Guangfa Bank credit card is not the risk control of the user, but the risk control of the merchant automatically by the system, and the user can deal with this problem by changing merchants, changing POS machines for card consumption, signing a contract with GF Hui or choosing online payment. It is worth noting that the manual quota of specific merchants of China Guangfa Bank cannot be lifted, and the card can only be consumed again after the system lifts the risk control of the merchant.

GF Credit Card is the first standard credit card in China issued by China Guangfa Bank in 1995, and it is also the first credit card to achieve profitability. The card presets the credit limit according to international standards, and the credit limit can be used for overdraft consumption and cash withdrawal transactions without pre-deposit.

The interest-free period for overdraft consumption can be up to 50 days, and you can enjoy the interest-free treatment from the date of the transaction to the due date of repayment as long as the full repayment is repaid before the repayment due date stipulated by the bank. With flexible repayment options, you can pay off in full or choose a minimum repayment amount to enjoy revolving credit and manage your finances more freely.

GF Card has always adhered to the service concept of "giving you more, seeing farther for you", guided by customer needs, and leading the Chinese credit card market with innovation and market segmentation. As of June 2010, the number of cards issued exceeded 10 million, forming a distinctive "GF card model" with simultaneous development of "quality" and "quantity", and becoming a well-known brand in the field of credit cards.

GF Card has won the "Top 10 Most Trusted Bank Cards in the World", "UnionPay Standard Credit Card Market Expansion Award", "Asia-Pacific Best Customer Service Award" and other awards. In 2010, the credit balance of GF Card at the end of the year exceeded 30 billion yuan, the profit growth rate exceeded 80%, and the net profit led the credit card industry, with the annual new non-performing rate below 1%, and the active rate, average card income and average card profit were ahead of its peers.

This does not exist to be lifted.,This is just that your machine is restricted.,Just change it to a non-restricted.,But if you can't change several.,Don't try again.,You can only use online payment methods.,Now you can brush Guangfa.,Only online is stable.。

The specific merchant limit of GF credit card cannot be lifted by itself, and this situation generally occurs because the credit card is controlled by the bank, and the cardholder needs to change the POS machine to use the card, and at the same time pay attention to the diversification of consumption scenarios, and will be lifted in the future. In this case, you can call customer service ** for consultation, and then deal with it according to the advice given by customer service.

1. Credit card, also known as credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It is in the form of a card with the name of the issuing bank, expiration date, number, and name of the cardholder printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to the special commercial service department to make purchases or purchases, and then the bank will settle with the merchant and the cardholder, and the cardholder can overdraft within the specified limit.

II. Credit cards provided for in the relevant laws of the People's Republic of China (the "Interpretation of the Standing Committee of the National People's Congress on the Provisions of the Criminal Law of the People's Republic of China on Credit Cards") refer to electronic payment cards issued by commercial banks or other financial institutions with all or part of the functions such as consumer payment, credit loans, transfer settlement, and cash deposits and withdrawals. On December 1, 2017, the "Standards for English Translation and Writing in the Field of Public Services" was officially implemented.

3. Credit cards are divided into credit cards and quasi-credit cards, and credit cards refer to credit cards that have a certain credit limit and can spend first and then repay within the credit limit; A quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required, and can overdraw within the prescribed credit limit when the balance of the reserve account is insufficient to pay. By credit card, it generally refers only to credit cards.

IV. Application. The objects of credit card application can be divided into units and individuals. The applicant shall be an institution, an enterprise business unit, a foreign-funded enterprise and an individual industrial and commercial household with independent legal personality within the territory of China.

Each unit can apply for a credit card and receive one principal card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a regular occupation and a stable income**, and provide a guarantee from the bank. The forms of guarantee include individual guarantee, unit guarantee and individual fund guarantee.

5. The application method is generally by filling in the credit card application form, which generally includes the name of the applicant, basic information, economic status or income**, guarantor and its basic information, etc. and submit certain copies and certificates of documents to the card issuer. After filling in the application form truthfully, the customer should submit the relevant credit certificate at the same time as submitting the completed application.

6. The application form is accompanied by a contract for the use of credit cards, and the applicant authorizes the issuing bank or relevant departments to investigate its relevant information, as well as submit a statement on the authenticity of the information, the privacy protection policy of the issuing bank, etc., and must have the applicant's personal signature.

The transaction limit means that the amount of credit card consumption must be within the limited limit.

According to the regulations of China Guangfa Bank, the daily cumulative payment limit is divided into three parts:

1. The industry limit set according to the characteristics of the industry (card password: 1000 yuan per day; SMS dynamic verification code: low security level (set through online banking) 5,000 yuan, high security level (set through counters and other channels) 20,000 months; Key Shield:

1,000,000 yuan per day; key order: 50,000 yuan per day);

2. The payment limit set by China Guangfa Bank for a certain merchant;

3. Customer-defined payment limit.

The payment system uses the lowest value as the daily payment limit according to the principle of whichever is lower. When you make a payment every day, the system will add up the amount paid for the day, and if the daily payment limit is exceeded, the system will reject the payment.

In addition, some transactions are limited by business type, and only one of the credit or debit card types of card payment is supported, if the merchant only supports debit card payment, and chooses to pay by credit card, the system will reject the payment.

This means that the credit card is limited to the transaction limit when you use the card to make purchases at certain types of merchants. For example, if you have a card of 30,000 yuan, but you can only spend up to 10,000 yuan on this wholesale steel POS machine.

Your card is restricted in personal merchant transactions, the solution is very simple, you can solve it by changing the payment posture, and it has helped a lot to solve it.

In a word, I don't give you a POS machine to brush, and now you need to use it online.

The next fun brush on the Internet, you can solve it by paying with your face.

As long as you receive this message, it means that it is under risk control, and now GF risk control is very strict, too many users have this problem, this time the risk control is only for offline machines, so you have to change the way. Before, when I was like this, I went to the card principal post bar to ask, and I had to use an online method to swipe it out. But it's also quite convenient, you can try it.

However, you still have to standardize the use of the card yourself, otherwise it will be reduced sooner or later.

It can be solved by changing the machine, using other payment methods, going to shopping malls and supermarkets, and using smart repayment software.

The merchant limit set by GF Card refers to the consumption amount of a specific user when swiping the card, which must be within the limited limit. Limits are generally available in the following forms:

1. Large-value credit card online banking payment: a single limit of 10,000 yuan, and a daily cumulative limit of 10,000 yuan.

2. Large-value credit card online banking payment: a single limit of 500,000 yuan, and a daily cumulative limit of 500,000 yuan.

3. Small-amount credit card online banking payment: a single limit of 2,000 yuan, and a daily cumulative limit of 2,000 yuan.

Regardless of whether the bank's risk control is strict or relatively stable, a little careless use of the card will cause various problems. For the problem of quotas, the following is a detailed solution:

1. Users can try to change merchants and machines, and under normal circumstances, they can consume normally.

3. There are many online POS machines that can solve the limit problem, you can try it.

4. You can also go to the supermarket mall of the listed company, and you can lift the restriction by combining online and offline for a few times.

5. The use of one-stop service intelligent repayment software, its principle is to scan the code online consumption, so the use of intelligent repayment software does not need to be operated by the user, as long as the card reserves 5% of the limit, the software will automatically pay off the bill.

Many cardholders have reported that the GF credit card failed to be swiped, prompting a specific merchant limit, so they think that the credit card cannot be used, but this is not the case. As long as the status of the GF card is normal, the card has not been blocked and frozen, and there is a limit in the card, it can still be swiped.

In fact, many cardholders are ignorant of this specific merchant limit, and they don't know why they are restricted.

After consulting the customer service of GF Credit Card**, the reply was that "due to the different types of transactions, the number of credit card consumption times per day is 20-30 times, and our bank will regularly observe card transactions, and adjust the transaction amount of some cards on specific merchants according to the past transaction status and combined with the credit evaluation policy, and it is recommended that you make diversified personal real consumption and maintain a good card use record." ”

From this reply, it is not difficult to see that the reason for the limit of a specific merchant is that the card merchant is too single, and may often swipe a large amount, which is monitored by the banking system and considered to be a non-real transaction, so everyone is not allowed to swipe the card at this merchant.

In addition to the limited merchants can not swipe the card, other merchants can still be swiped, you can change to some normal merchants to try, try to brush the cooperative merchants of Guangfa Bank, away from which public welfare industries and low-rate industries, it is important to diversify consumption.

By the way, if you still want to consume in the merchant that is limited, you can try to change the payment method, for example, the card is limited by swiping the card at the POS machine, the merchant has a collection code, you can use WeChat, Alipay to bind the credit card, and then scan the code to pay, it is also possible to consume successfully.

Recently, we have received feedback from many cardholders of China Guangfa Bank: What should I do if my Guangfa card is limited in a specific merchant?

Derating and blocking cards, or restricting card swiping, is what credit card holders are most reluctant to see, especially in this special period of the epidemic; Regardless of whether the bank's risk control is strict or relatively stable, a little careless use of the card will cause such and such problems.

Many friends' credit cards are limited, and the amount of consumption in a single day cannot exceed 5,000, and some cannot exceed 100 or even a few yuan. Now that there is a cry for help on the forum, let's take a look at the content of the text message (as shown below).

To put it bluntly, the risk control has been upgraded, and this time it is a large-scale risk control phenomenon, which means that many people will encounter this risk control problem. Some netizens said: "Guangfa Bank has begun to control the risk of individual account machines, which has no impact on business households, that is to say, you can go to the supermarket to buy things and refuel, but you can't go to the machine in the personal store."

All kinds of measures are also intended to crack down on users who use hand brushes and MPOS machines, and this group of people has a greater need for funds. Some cardholders reported that as long as they were restricted, no matter how many POS machines they changed to consume, it would not work. ( as shown in the figure below).

What should I do if I encounter this problem?

First of all, it is certain that the card is controlled by the risk and is suspected of arbitrage. If you can't swipe it in the near future, don't swipe the card, you can do it in installments appropriately, of course, if the bill amount is too large to repay, you can also pay a large installment, of course, the premise is that your credit card can be installment. Or repay the loan in full and then swipe the card at a large offline merchant or pay by scanning the code online, such as a large shopping mall or supermarket chain UnionPay machine consumption blindly swiping the card, for example:

RT-Mart, Wal-Mart, China Resources Vanguard, Wanda Department Store, etc., are generally quickly uncontrolled.

Online payment can also be used, and now more and more merchants are entering the scene of online payment, so online payment will become our mainstream payment method in the future. Online consumption, he can meet diversified consumption, but also meet the diversified payment model, which is very helpful for beautifying bills.