What are the types of bank transactions?

According to the ways and media of cardholders using bank cards, bank card transactions mainly include counter transactions, ATM transactions, merchant POS transactions, online banking transactions (including computer-based online banking and mobile phone-based online banking) and other types.

1. Different transaction types involve different transaction entities, as follows.

(1) Counter transactions of bank cards

1. Bank card counter transaction refers to the face-to-face transaction between the cardholder and the teller of the issuing bank through the bank counter. Counter trading is the most traditional banking business model. With the widespread use of bank cards and the improvement of the acceptance environment of bank cards, most banking business can be carried out outside the counter, but counter transactions are still an important way to accept bank card business.

2. In the counter transaction of bank cards, there are generally only two parties: the cardholder and the issuing bank. However, with the development of business models such as "over-the-counter", bank counter transactions may also involve inter-bank business processing, involving not only cardholders and issuers, but also agent banks and bank card organizations (such as China UnionPay) responsible for inter-bank information transmission and clearing.

Second, in recent years, with the popularity of self-service teller machines and the rapid development of online banking, a new counter transaction mode has emerged, which mainly includes bank card self-service teller transactions and online banking transactions.

1. Self-service teller mode With the rapid development of acceptance terminals such as bank self-service tellers (ATMs), bank counter business has also broken through the original mode. In addition to the face-to-face business between the cardholder and the bank counter, the cardholder can also handle the bank card-related business through man-machine dialogue with the issuing bank or the agent bank's ATM. However, from a legal point of view, there is no essential difference between traditional bank counter transactions and self-service teller transactions, and the transaction subjects involved are the same.

2. Bank card online banking transactions

Online banking, also known as online banking and online banking, is a virtual banking counter on the Internet, which refers to the business acceptance channel for banks to provide cardholders with services such as account inquiry, account management, transfer and remittance, credit, investment and wealth management.