The underground practice of cashing out credit cards is gaining momentum, with some merchants in Haikou enthusiastically involved in this illegal activity._ China Credit Card Cash Out

by snakeszf1 on 2009-03-23 12:13:02

Hai Jingxun (reporter Hai Jing, photography report) The purpose of POS machines is to facilitate consumer payments and reduce the flow of cash. However, in recent times, some people have been using their credit cards to pay transaction amounts via POS machines, after which the POS machine's contracted merchants withdraw part of the transaction amount paid by the cardholder, ...