The underground activity of cashing out credit cards is surging, with some merchants in Haikou indulging in it incessantly _ China Credit Card Cashing Out.

The purpose of POS machines is to facilitate consumer payments and reduce the flow of cash. However, recently, some people have been using credit cards to pay transaction amounts via POS machines. The contracted merchants of these POS machines then extract a handling fee from the transaction amount paid by the cardholder, and subsequently return the remaining amount in cash to the cardholder. This phenomenon is