Join Date: Feb 2013
Location: Irvine CA & PEK
Programs: Hyatt Globalist, Marriott Titanium, Hilton Diamond, IHG Spire Ambassador, Qantas Platinum, United S
Posts: 664
Anyone knows some merchants in China? I have always been wanting to confirm the swipe fees for using 银联 cards and foreign cards in China, but haven't found any merchant who can provide me with this knowledge.
As far as I am sure of, there must be POS from UnionPay directly (which doesn't use DCC), and POS from banks (交行 中行 use DCC and 工行 mostly doesn't). I was told once that when using DCC, merchant pay half the swipe fee, which I remember is 0.5%. However, I also remember standard swipe fee for UnionPay cards is 1%. This means merchants don't pay more when you use your Visa or MasterCard without DCC in China.
That's what I want to confirm. If so, those merchants can stop playing victim and plea guilty to the conspiring with banks.