"All in one card" IC card
The "all-in-one card" IC card of China Merchants Bank is a "all-in-one card" with both magnetic stripe and chip as the media, specifically including UnionPay universal card, UnionPay gold card, UnionPay golden sunflower card and other card types, which are valid for five to ten years according to different loading applications. Compared with the magnetic stripe card, the IC card has high security and confidentiality and is difficult to forge; Large storage capacity, can load a variety of applications, such as social security, public transport and other industrial functions; At the same time, IC card has electronic cash function, which supports non-contact small amount fast consumption, namely "flash payment".