Virtual currency of ABC

Agricultural Bank of China app

The functions of ABC credit currency are as follows:

1. It is a new credit card launched by ABC without annual fee

2. It is mainly used for cash installment and online payment. You can apply for the maximum amount of 10000 at Palm bank and 30000 at the counter

3. It can be used in any domestic consumption channel, based on the existing acquiring network of ABC or inter-bank, and the payment is convenient and safe

extended information:

other advantages of ABC credit currency are as follows:

1. The issuance of credit currency will fundamentally change the way ABC serves indivial customers

2. As a basic account proct, ABC credit currency uses the standard card number of credit card, which has higher credit and security level and wider application network than the virtual account proct with payment or consumption credit function in the market

The credit currency in Agricultural Bank of China can be used for cash installment or online payment with various payment platforms

the use of credit currency of ABC:

1. Consumption overdraft

can be used for overdraft consumption. In any domestic consumption channel, based on the existing acquiring network of ABC or inter bank, it can carry out online and offline UnionPay standard transactions with or without card

2. Transfer

it can bind its own debit card account in ABC to transfer funds within the limit

3. Cash withdrawal

the amount of cash withdrawal is 50% of the account amount

4. Installment

can be used for installment business, and the number of installments can be 3, 6, 9 and 12

extended information:

in recent years, ABC credit card continues to focus on customers, promote business development with brand power, implement proct innovation and customer value enhancement projects, carry out 360 degree optimization of the whole business process, and accelerate the integration into the Internet Financial wave. A few days ago, Agricultural Bank of China announced the issuance of "credit currency" procts throughout the year to provide "open and use" virtual credit account services for qualified indivial customers, including online and offline consumption, installment and overdraft transfer, marking that this large commercial bank with the most extensive offline service network in China has fully opened a new layout in the Internet payment instry. In the future, ABC credit card will apply payment, consumption and credit ecosystem, continuously integrate with new financial technology, rapidly launch proct innovation platform for different customer groups, and cope with market competition from four dimensions of resource integration, rapid innovation, marketing forecast analysis and digital customer experience. By the end of 2016, ABC had issued more than 68 million credit cards, ranking in the forefront of the instry

1. ABC credit currency: credit card virtual account proct with overdraft function, real-time application, real-time account creation, ready to use. ABC credit currency has no annoying audit process, the whole process of mobile phone self-service application, that is to do and use, easy

extended data:

functions:

first, overdraft consumption

this credit card virtual proct, like ordinary credit cards, also has a limit. Its maximum limit ranges from 10000 yuan to 30000 yuan, so this proct can also be overdraft consumption. You can use it in any domestic consumption channels, based on the existing acquiring network of ABC or inter-bank, to conct online and offline UnionPay standard transactions with or without card, and the payment is convenient and safe

you can use your credit account for Internet Bank express or online banking payment. You can also use Alipay, WeChat and other accounts to pay for third party channels, and you can also open the bank to pay for entities. p> As a virtual proct of credit card, transfer has the basic function of ordinary credit card. It can also transfer funds. You can bind your debit card account in Agricultural Bank of China to transfer funds within the limit. Want to know more about the Agricultural Bank of China credit card related information

3. Cash withdrawal

since this virtual credit card proct has a limit, it can be cashed. Its withdrawal limit is 50% of the account limit

the credit currency of Agricultural Bank of China can be used for cash installment or online payment with various payment platforms

The differences between credit currency and credit card of ABC are as follows:

1. Different external forms

credit currency is currency. It is stipulated by the national law, the compulsory circulation does not take any precious metal as the foundation independently displays the currency function the currency

credit card, also known as credit card, is a kind of card. Credit cards are generally 85.60 mm long, 53.98 mm wide and 1 mm thick special plastic cards with consumer credit

2. Different security levels

as a basic account proct, the credit currency of ABC uses the standard card number of credit card, which has a higher credit and security level than the virtual account proct with payment or consumption credit function in the market

3. Different scope of use

customers holding credit currency of ABC can conct standard online and offline UnionPay transactions with or without card in any domestic consumption channel, based on the existing acquiring network of ABC or inter-bank, with convenient and safe payment

extended data

credit card is convenient and fast to use. With the rapid development of science and technology, the mechanism of credit card consumption before payment is facing more and more serious security problems. Major international credit card groups and global card issuing financial institutions are facing severe challenges. The security problems of credit cards are mainly divided into the following five aspects:

credit cards: criminals or criminal groups use fake or abandoned cards (expired / lost / invalid / damaged tapes, etc.) to pretend to be genuine cards, directly deceive businesses or card issuing institutions

cardholder: the card is not properly kept / handled (the expired / expired credit card is not destroyed, or the lost credit card is not immediately voided, etc.), and the personal identity information is inadvertently stolen or defrauded. In order to avoid such problems, citizens should not easily provide personal identity information to others, and it is better not to entrust others to handle credit cards

consumer business: the service personnel swipe the card holder's credit card information or steal it to other businesses for consumption. This kind of situation, whether it is the entity business or the network virtual business, is likely to happen

card issuing institution: the computer system has been invaded maliciously to steal the basic / trading information of customers. There are also cases of internal employees' self-theft, internal magic power and external ghosts

trading system and mechanism: as long as it is made or handled by human beings, human errors and omissions are inevitable; No matter how rigorous the trading mechanism is, coupled with the world-class trading system from confirmation to settlement, it is still possible to be invaded. In fact, the so-called "invasion" also has hierarchical differences

source: Internet - credit card