1. The differences between digital credit cards and physical cards are:
1. Digital credit cards do not have physical cards, while physical cards have physical cards;
2. Digital credit cards Credit cards cannot be swiped at the POS machine for consumption, and physical cards can be swiped directly at the POS machine for consumption;
3. Digital credit cards need to be bound to a third-party payment APP before they can be used, and physical cards can be used alone.
4. Digital credit cards and physical cards are mainly different in how to use them, but the basic financial functions are the same, such as supporting overdraft consumption, transfers, and cash withdrawals.
5. Digital credit cards can only be repaid online, such as Alipay, WeChat, mobile banking, etc.; in addition to online transfer and repayment, physical cards can also be inserted and deposited in ATM machines. Money repayment etc.
1. A digital credit card is a virtual card, which consists of virtual card number, security code, validity period and other information. The advantage of this kind of credit card is the convenience and security of mobile payment. The difference between digital credit cards and ordinary credit cards is that digital credit cards do not have physical cards.
2. The so-called "digital credit card" is actually an "electronic credit card", which is a virtual card. After the customer successfully applies, the bank will provide a set of virtual card number, security code, validity period and other information, and the customer activates it. Then bind it to the mobile banking of the card-issuing bank, or bind it to UnionPay Cloud QuickPass, as well as third-party payment platforms such as Alipay and WeChat, and you can make quick payments.
3. Digital credit cards are suitable for both online and offline consumption. When paying online, check the digital credit card number and enter the payment password to complete the payment; when making offline purchases, you can use mobile banking, Scan the QR code to pay with UnionPay Cloud QuickPass.
4. Every bank provides digital credit cards, and some cards have dual-card attributes. They have both a virtual card number and you can also apply for a physical card.
For example, Huawei cooperates with multiple banks to launch HUAWEI CARD. After customers successfully apply for HUAWEI CARD in Huawei Wallet, they can apply for a physical card. The partner bank will send the card to the customer, and the customer will receive the card. After that, you can activate it, then use the physical card to make purchases offline, and use the virtual card to pay for transactions online.
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