More than one merchant in the POS payment market will suffer! !

On October 15th, Fumou Company suddenly shut down a large number of merchants and caused a panic in the circle. It is reported that the scope of the closed merchants involved the whole country, and the agents reflected that the number of closed merchants reached 80% to 90% of the pre-existing merchants. Unequal, causing greater repercussions and vibrations in the industry.

The parties have different opinions:

“In order to meet the 18+1 big, the supervisory unit conducts routine inspections”

"UnionPay inspection, there is no problem for a single merchant, and it is a multi-business class that is shut down."

"In the period of large inspections, it is forbidden to advertise a multi-unit."

“Holding supervision will increase the closure of illegal merchants”

....................

According to the analysis, because the shutdown incident has no prior warning, sudden and strong, and the method of rectification is fierce and the consequences are serious, it can be known that the seriousness of the matter may be related to the violation of the report, and it is not excluded. Initiation of the supervision unit to the larger and greater inspection of the acquiring industry.

A multi-family has long been in the industry for a long time. Everyone knows that because the payment company's platform allows the machine to be connected to the network, as long as the agent reports the SN number to its system, then the merchant's order is issued, and the pos terminal installs its platform program. Finally, the merchant number and terminal number can be bound to be used normally. At the same time, some payment companies allow one card to be dismissed, or an illegal person to disembark, or deliberately relax the audit of the authenticity of the merchant, and let the agent submit the PS application. Document information, allowing a person to apply multiple false merchants, using a number of different industry MCC codes to complete the so-called multi-operator, allowing users to replace the use of different merchants to achieve the purpose of raising cards, this is the so-called one machine Merchant. Recently, some of the acquiring institutions have severely reduced the standard of merchants' access to the Internet. Indulging in the market of “carrying the card god machine” under the encouragement, there are dozens and hundreds of merchants on a POS terminal for users to freely choose and transform routing transactions. Calling the real big merchants, customizing the “perfect card swipe” for the cashier to achieve the purpose of “nurturing the card”. And some acquirers provide such a multi-merchant service and get a huge amount of credit card transactions and illegal profits. Such violations have been highly valued and hit by the regulatory authorities.

As early as June 1 this year, China UnionPay announced on the official website [No. 21] a letter and related plans for implementing the relevant work requirements of the "Notice of the People's Bank of China on Strengthening the Security Management of Bank Card Acceptance Terminals". All POS terminal manufacturers are required to make modifications according to the requirements of the People's Bank of China. According to the requirements of the People's Bank of China's urgent document "Yinfa [2017] No. 21" and "Notice of the People's Bank of China on Strengthening the Security Management of Bank Card Acceptance Terminals", all merchants who install pos in the future must provide photos of the back of the machine (including manufacturer, model, SN number). And other information) for system reporting, each POS terminal will be included in the supervision. UnionPay also officially sent a letter to all terminal manufacturers and provided corresponding work solutions.

Subsequently, many agents received a notification from the payment company that: from July 1, 2017, the new terminal or terminal information changes must be implemented according to the terminal management method of Yinfa 21, binding the terminal equipment sequence of the merchant. The number must be consistent with the manufacturer's system information, and all acquirers should strictly implement the one-machine-one system.

According to the UnionPay regulations, from July 1 this year, all machine manufacturers must carry out system transformation according to the requirements of UnionPay. Each POS machine is strictly regulated from public key files, transmission key files and serial number key files. It is stipulated that each machine must download a unique serial number key from UnionPay before entering the network, and after entering the network: the terminal model number, serial number, deployment address, deployment time, name, etc. will be Registered, any changes can be traced.

And according to the rules of the people:

Using a payment company that does not authenticate the POS machine to the network, the accident has been compensated!

According to the requirements of the PBOC, from June 1, 2017, the acceptance terminal that has passed the certification of the accreditation body of the national certification and accreditation management department should be selected. Commercial banks and payment institutions shall bear corresponding liability for compensation if the use of unqualified and non-compliant terminals causes customer information leakage or financial losses. The bank card clearing institution shall strengthen the network access management in conjunction with the test and certification results of the acceptance terminal, and it is strictly forbidden to enter the network through the acceptance terminal that has not passed the test and certification.

The stock POS terminal is registered at the end of June, and the newly deployed POS must be registered from July.

At the same time, for the POS terminal, all commercial banks and payment institutions completed the registration of the stock terminal information at the end of June 2017; since July 1, 2017, the new network terminal completed the registration of the terminal information within 2 working days after deployment or change. From July 1, 2017, various commercial banks. The newly placed POS terminal of the payment institution shall comply with the POS terminal application flow specification of the bank card clearing institution, and adopt the password identification technology to enhance the legal identity verification of the POS terminal to ensure the registration information is authentic and reliable.

After the POS terminal is registered, the cutting machine, the second clearing, and the set code can all be detected.

1. Through the terminal information verification result table, check the same merchant number and terminal number, and whether there are multiple terminal hardware serial numbers. If so, the merchant is sent on the Erqing platform. Terminal information table, the statistical method is:

The terminal information data corresponding to multiple hardware serial numbers under the same merchant number and terminal number, and the report includes statistical data and detailed data.

2, the same merchant number, terminal number, the same hardware serial number, a large number of verification results for the key can not be resolved, suspected to be the second clear platform imitation hardware serial number and ciphertext. The statistical method is: terminal information data corresponding to multiple hardware serial numbers under the same merchant number and terminal number, and the report includes statistical data and detailed data.

This means that personal bank card information disclosure, fake cards, stolen brushes, various second clear, various payment agency violations of the data will be recorded, can be traced through the terminal, the current market situation of POS terminals There are counts in people's minds. Needless to say, it is inevitable that they are targeted by the mother-in-law. One word "this!", and it will be turned over again.

Bank card clearing institutions and member institutions use big data analysis technology to effectively identify violations such as transfer, cutting, clearing, and set-up. For terminals and merchants with abnormal transactions, measures such as investigation and verification, risk warning, delayed settlement, and denial of service shall be taken. At the same time, the clues and evidence of violations shall be reported to the People's Bank of China and transferred to the China Payment and Clearing Association.