Technology Finance, China Merchants Bank to create diversified payment capabilities

Payment is an inevitable part of consumption. Today, mobile payment is becoming more and more popular. As a payment tool, how to attract more customers, create a better payment experience and achieve more consumption is the focus of research by banks.

Mobile payment is bound to be the trend of the times, but there are still many uncertain factors in the future, such as whether the future occupation of the market is a sweep of the QR code payment, or the mobile phone Pay chip payment, or the self-paying mobile phone fast payment, whoever Can not be easily determined. The best way to cope is to actively adapt to the payment habits of different scenes of consumers, and comprehensively deploy models such as QR code payment, NFC chip payment, and mobile phone fast payment, and multi-pronged approach, which is comparable to the payment method of different businesses. It also formed a differentiated competitive advantage with its peers.

A flash, NFC chip payment matrix creation

In terms of NFC chip payment, China Merchants Bank has launched a flash phone, cloud pay, Apple Pay, Huawei Pay, Xiaomi payment, etc. It is also the first commercial bank to embrace chip payment in China.

Taking Apple Pay as an example, China Merchants Bank launched the Apple Pay micro-payment free password function. Users pay less than 500 yuan, no need to enter a password, just press the POS confirmation button to complete the payment quickly, and implement ATM through Apple Pay. The company has no card withdrawals, as well as tie-cards to send points and other preferential activities, China Merchants Bank credit card has become Apple's preferred credit card, cardholder's Apple Pay binding and usage are among the highest in the industry.

At the same time, a flash pass and cloud flash pay to fill the gaps of non-Apple, Huawei and other mobile phone users with their own payment ports. Based on NFC near-field payment technology, "one flash pass · cloud flash pay" only needs to have NFC chip The mobile phone can be paid close to the POS with the “Flash Pay” logo, which is a good experience of Apple Pay, both convenient and secure, providing cardholders with faster, more convenient and safer. Payment experience.