China's first real wallet bank IC card in Quanzhou Market

10, the domestic financial industry's first real sense of "electronic wallet bank IC card (smart card) - Jinsui coin market in Quanzhou.

Relevant personage says, this launched by the Fujian branch of the Agricultural Bank of Chinese bank IC card is the first in line with the "China EMV standard" (smart card application standard financial payment) dual interface bank card, bank card is also home to another business in the product structure innovation.

Credit card spending is a new thing in recent years, the bank savings card (magnetic stripe card) in the brush machine brush, enter the password, and then signed on the receipt, the completion of the purchase payment. Today, there are more and more customers began to complain about the past card processing complex. Find relevant institutions, liquidity in some large supermarkets and shopping malls including buses, fast food restaurants, parking lot, community property management and the small consumer project sites, often clearing shopping channel tension, lack of change.

The use of magnetic stripe card credit card spending is obviously outdated, the masses of consumers need more convenient and secure electronic payment tools. In early 2005, the people's Bank of China began to develop the China EMV standard, and the Fujian Province as the issuance of China EMV standard bank IC card pilot provinces.

Electronic wallet is used for small consumption, the balance is not more than 1000 yuan, easy to carry, fast payment smart card. China Agricultural Bank Quanzhou branch of the relevant source, the new card and the existing bank savings card, not only greater storage capacity and higher security, but also provide more personalized service, free, free, free password signature change and offline transactions, contactless payment, will be widely used in the field of finance, medical and public charges, fees, and other comprehensive social security.

EMV Europay, MasterCard, visa three international credit card organization called the first letter. According to reports, the magnetic stripe card transfer to the intelligent IC card EMV standard is the mainstream and key bank credit card, EMV standard is more reliable and safer in the prevention of such as transnational production and use of fake credit cards, credit card fraud and other financial crimes.