The required service has been cancelled. Please contact the issuing bank. Is the card frozen?

No. In general, when customers use ATMs other than the issuing bank, if the issuing bank (that is, the issuing bank) is carrying out day-end batch processing (such as changing the date, accounting, etc.). ) or update the program, it may lead to the failure of customers to transfer money at ATM.

In this case:

1. It is recommended to try another ATM in another bank. If the same similar prompt is given, it means that it is a problem with the issuing bank.

2. Try it at the ATM of the issuing bank, and the information will be clearer.

3. Call the issuing bank for customer service consultation.

issuing bank

A bank that issues credit cards to consumers. Consumers apply for a credit card from the issuing bank, which issues credit cards and credit lines according to the applicant's income and repayment ability. The issuing bank can also authorize the special store to complete or refuse the transaction according to the credit limit of the cardholder; The issuing bank will make exchange settlement with the acquiring bank every day, and settle the current month's consumption with the cardholder at the end of each month.

Issuer: Excellent issuers will actively organize various activities exclusive to members, such as special offers, cross-industry alliances, mail orders, insurance, etc. , thus providing more benefits for cardholders.

Functions of the issuing bank

The main function of the card issuer is to issue various bank cards to cardholders by providing various related bank card services, and charge a certain fee. By issuing bank cards, card issuers can obtain the annual card-swiping fees, overdraft interest, fees paid by cardholders for enjoying various services and the share of merchants' rebates.

The acquiring institution is mainly responsible for the development and management, authorization request, bill settlement and other activities of the special merchants, and its income mainly comes from the commission of the merchants and other service fees paid by the merchants (such as POS terminal rental fees and monthly fees). ) and the increase in merchants' deposits. Most card-issuing banks are also engaged in acquiring bills, and some non-bank professional service institutions are also engaged in acquiring bills.

Conceptually, it is different, but most issuing banks are also engaged in acquiring business, that is to say, they are both issuing banks and acquiring banks.