GlobalTimes
The third-party payment service providers were fined because they meddled with the merchant category code (MCC), which is a four-digit number the credit card industry uses to classify a merchant's business. 🔗 网页链接 展开全文【银联重罚违规第三方支付 4个月累计罚款1亿元】China UnionPay has imposed 100 million yuan ($16.26 million) in penalties on smaller market players over the past four months for their offline POS tampering that may have led to hundreds of millions of yuan of losses for card issuers. 展开全文转发 3评论 1 原微博