Beijing ETC co branded card users need not worry about POS flash payment and swiping Practical Information

Beijing ETC co branded card users need not worry about POS flash payment and swiping

Recently, a video of "POS machine swiping ETC Yuetong card across the air" has aroused strong concern in the society. The Road Network Center of the Ministry of Communications has intervened in the investigation and formulated an emergency plan "to promote the use of co branded cards that are linked but separated from bank card accounts, suspend or withdraw
December 15, 2016 three hundred and three electric vehicle quick pass Flash payment comment
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All currency MasterCard of China Merchants Bank supports swiping card and taking subway in London Bank payment

All currency MasterCard of China Merchants Bank supports swiping card and taking subway in London

Recently, on the English version of China Daily and the official website of China Merchants Bank, it has been publicized that China Merchants Bank MasterCard all currency card supports direct swiping and taking the subway in London. After arriving in London, holders of China Merchants Bank MasterCard full currency card do not need to buy London bus Oyster card, just click on the London gate
March 27, 2016 1,306 China Merchants Bank UnionPay Flash payment comment
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Calculation of ARQC and ARPC in PBOC Online Trading smart card

Calculation of ARQC and ARPC in PBOC Online Trading

When the financial IC card applies for online transaction, the terminal will authenticate the card issuer to verify the validity of the card. The terminal will get the ARQC returned by the card through the GAC and compare it with the ARQC generated by the terminal itself. If it is consistent, it means that it is a legal card issued by the issuer. At the same time, the ARQC and the ARQC are verified
March 23, 2016 3,419 UnionPay bank Flash payment comment
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Interpretation of e-cash, e-wallet, qPBOC, UPCash and flash payment Bank payment

Interpretation of e-cash, e-wallet, qPBOC, UPCash and flash payment

Recently, a discussion about e-wallet, e-cash, non micro payment, offline transactions and other aspects appeared in a group of financial celebrities where the minor editor worked. The minor editor had little knowledge about technical knowledge soon after he entered the industry, and looked at these professional terms and English abbreviations a bit like a monk. In order to understand these masters roughly
March 21, 2016 eight hundred and fifty-one UnionPay bank Flash payment comment
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UnionPay vigorously develops online flash payment offline flash payment may be eliminated Bank payment

UnionPay vigorously develops online flash payment offline flash payment may be eliminated

With reference to the offline flash payment function of PBOC's electronic cash technical specification, it has been criticized by users from all walks of life since its launch because of its anti human design of requiring progressive load before offline consumption. In addition, the acceptance environment of flash payment has not been improved, resulting in frequent failures of UnionPay in the mobile payment and micro payment market
March 19, 2016 1,074 UnionPay bank Flash payment two
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