According to Xiaobian, most POS machines now offer two forms of settlement, t+1 settlement and d+0 settlement. The difference is that one is within 24 hours and the other is seconds. And most of the pos machines will also ask for a fee when they arrive in the second. Many people will be very puzzled, why do you have this difference? When the funds didn't arrive, where did the money in our card go?
First of all, after the POS machine swipes the card, it does not mean that the money will arrive immediately. This is like the transfer of your usual interbank transfer. It usually takes 24 hours to arrive. This is the bank's prescribed, all take T+1 to Account principle. The so-called T+1 to the account refers to the card that was brushed before 24 o'clock that day. The time when the money is actually transferred to your own account is the next day, usually after noon the next day and afternoon. The high attention here should be: T+1 here refers to the normal working day time, and the legal holiday bank does not go to work.
Secondly, when we use the pos machine to swipe the card, where is the money? After the POS machine of the third-party payment company swipes the card, the money you brush is generally through such a process: UnionPay - a third-party company - merchant account. When the merchant handles the POS machine, the merchant will receive a text message sent by the third party company to inform the user of the account password, and can check the account in the background of the third party company. Therefore, when you are dealing with the pos machine, you must pay attention to choosing a clearing machine for central bank supervision!
Therefore, sometimes the t+1 holiday is not a holiday, not the fault of the pos machine company. I also advise you to choose the second if you are in a hurry to use the holiday. In fact, the so-called fee is the payment company to give you the interest you need to pay one day in advance!
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