Is it illegal to sell pos machines?

It is not illegal to sell pos machines. The difference depends: 1. The company must be authorized by the seller or have a business license; 2. It is illegal to sell pos machines without authorization or business license. If pos machines are used to engage in criminal activities, such as cashing out, it may also constitute a crime.

1. Is it illegal to sell pos machines?

1, it is not illegal to sell pos machines. Depending on the situation, the differences are as follows:

(1) The company must be authorized by the seller or have a business license;

(2) It is illegal to sell pos machines without authorization or business license. If pos machines are used to engage in criminal activities, such as cashing out, it may also constitute a crime.

2. Legal basis: Article 196th of the Criminal Law of People's Republic of China (PRC).

The crime of credit card fraud and the large amount of credit card fraud activities shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and a fine of not less than 20,000 yuan but not more than 200,000 yuan shall be imposed; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property.

Second, what are the risks of handling pos machines?

1. Deal with the non-compliant pos machine, which is loaded with stolen brush equipment, and personal information and funds are at risk of being stolen and stolen;

2. The merchant is not regular, and the account is not received after swiping the card. Merchants run away or close down, and the loss of funds is not returned;

3. When handling the second cleaning machine, the funds are unsafe, and the handling fee will be higher than that of the first cleaning machine.