What does it mean to suddenly notify the credit card to "stop paying" by SMS?

Recently, a friend asked me that the credit card text message showed "stop payment", but I didn't know what it meant, so I didn't understand it. There may be many friends who don't know what "stop paying" means. Today, I will introduce the meaning of credit card payment suspension in detail.

What does the credit card mean by "stop payment"?

The suspension of credit card payment is a preventive measure taken by banks to strengthen management, ensure safety and prevent losses and adverse effects caused by fraudulent use of fake cards and lost cards.

At the same time, it is also an important link to stop the payment of the main card or the auxiliary card at the request of the cardholder to reduce the losses and risks of the cardholder. Therefore, the payment of credit card can be self-application, or the bank can stop payment spontaneously.

Under what circumstances will a personal credit card account display "Stop Payment"?

Usually, credit card payment can be divided into two situations, one is that you apply to stop payment yourself, and the other is that the bank stops payment:

1, the cardholder applies to stop payment.

The cardholder voluntarily applies to the bank for "protective payment stop" due to the loss or theft of the credit card or personal special circumstances, and the payment stop in this case will not affect the credit status of the cardholder;

2. The bank stops paying.

Banks can monitor the cardholder's card usage in real time. Once illegal card use, overdue, fake card application, card theft or other potential risks are found, banks have the right to stop payment of credit cards to ensure the safety of funds.

Under what circumstances can a cardholder apply for termination of payment?

1. The cardholder voluntarily applies to stop payment.

After the cardholder applies for reporting the loss of a credit card and gets a new card, or when the cardholder thinks that his card is risk-free and does not need credit card protection, he can call the customer service center to apply for canceling the payment suspension status.

2. The bank stops payment voluntarily.

It can be handled in four situations:

(1) Late payment due to overdraft.

After timely returning overdue overdraft principal and interest, the cardholder may apply to the issuing bank to cancel the payment stop. However, banks have the right to stop payment after reducing the amount, and even have the right to reduce the amount of high-risk overdue cardholders by 0 or not to stop payment.

(2) Stop payment due to suspected cash withdrawal.

Cardholders need to provide compliant credit card credentials to apply for cancellation of payment stop. Credentials include credit card receipts, merchant invoices or bills of lading, which can prove that the cardholder can use the card normally.

(3) Stop paying customers with potential risks.

The risk of the cardholder must be checked by the bank, and after the hidden danger is eliminated, the bank will terminate the payment as appropriate.

(4) For banks such as fake cards and fake cards, the bank will not terminate the payment.

How do cardholders apply for termination of payment?

If the above conditions are met, the cardholder can apply to cancel the payment suspension status through the following channels:

1, call the bank credit card service hotline to apply;

2. The cardholder shall apply to the local card issuer with his ID card, credit card and credit card credentials.

How to avoid the credit card account being stopped?

1. The cardholder shall return the overdraft in time before the due repayment date, and form a good habit of repayment on time;

2. Cardholders should standardize the card use behavior, and it is strictly forbidden to maliciously overdraw, take cash, defraud the card use and other bad behaviors;

3. After the successful application for cancellation of payment stop, the cardholder must use the card legally and reasonably, otherwise the payment may be stopped again, and the bank's second payment stop will not be cancelled.

I would like to introduce the meaning of "stop payment" on the credit card display screen and the related contents of credit card stop payment. I hope you can understand after reading it.

Finally, I would like to remind you that you must pay back on time with your card, so as not to affect your personal credit information and avoid unnecessary troubles.

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