The Bank of East Asia announced in Shanghai that when the total number of its mainland outlets exceeds 100, East Asia China will issue a limited number of "100 outlets to commemorate IC credit cards", which is the first IC credit card of a foreign bank.

Compared with ordinary magnetic stripe card, ic card is beneficial to improve risk prevention and control ability and help cardholders reduce risk losses; For banks, IC cards are conducive to enhancing the expansion ability of bank cards in the field of public services, realizing "one card for multiple purposes", promoting the combination of urban informatization and financial informatization, and enhancing the intelligence of transactions and management.