The UnionPay Unbounded Card is a digital bank card and does not have a physical card.
It is divided into two types: debit card and credit card. It can be applied for online, and the UnionPay Unbounded Card is a digital bank card. , there is no physical card, and it is divided into two types: debit card and credit card. It can be applied for online, tied to the card and easily managed with one click. It can be used on multiple platforms such as Union QuickPass APP, commercial bank APP or mobile phone manufacturer wallets. It can be used in e-commerce, public transportation, mobile wallets and other scenarios to meet the payment needs of various scenarios such as consumption, cash deposits and withdrawals, transfers, mobile Quick Pass, barcode payment and other scenarios.
The UnionPay Unbounded Card supports global UnionPay standard usage scenarios, and also provides users with a wealth of exclusive card rights covering the world, such as popular member rights quarterly card redemption; corporate payment rights; and shopping and supermarket gift certificate rights; Use the card to protect your rights and interests; UnionPay consumption privileges in domestic and overseas business districts, etc.
If the UnionPay Unbounded Card is a credit card, it must be returned on time after use and cannot be overdue, because penalty interest will accrue after expiration, and the longer the time, the more the penalty interest will be. Moreover, the bank will collect money after it is overdue. A common method of collection is to call the borrower's phone number and wait until the user completes the payment.
If you cannot repay the credit card on time after using it, you can use installment repayment or the minimum repayment amount, so that you can reduce the monthly repayment amount and avoid overdue payments. It is worth mentioning that you can return it in advance after applying for installment, which can save handling fees.
Development History
On August 31, 2020, China UnionPay jointly launched the first digital bank card "UnionPay Unbounded Card" with commercial banks, mainstream mobile phone manufacturers, key cooperative merchants and payment institutions. , realizing the entire process of digital card application and quick card collection, providing cardholders with a new generation of payment experience.
Functional features
UnionPay Unbounded Card no longer relies on physical cards. Users at home and abroad can operate online through multiple platforms such as Cloud QuickPass App and Commercial Bank App, to apply for a card, Enjoy one-stop benefits for card use, transaction management and more. Realize the entire process of digital card application and quick card collection, providing cardholders with a new generation of payment experience.
When applying for a card, users do not need to go to the bank business hall. They can apply quickly and successfully through simple online operations, "ready to use". Users can use it in e-commerce, public transportation, mobile wallets and other scenarios to meet the payment needs of consumption, cash deposits and withdrawals, transfers, mobile Quick Pass, barcode payment and other scenarios. UnionPay Unbounded Card not only achieves high efficiency and convenience, but also ensures the security of users' funds and information through payment tokenization, channel encryption, real-time risk control and other technical means.