Secret-free and visa-free payment means that small payments can be completed without passwords and consumer signatures. Internationally, small secret-free visa-free payment is a mature payment method, which is also widely used in the domestic mobile payment field. Alipay, WeChat and other payment tools all have this function, which is the basic function of bank card opening by default.
Safety precautions:
1. When paying for goods, if you find terms and options such as "I agree" and "authorize" on the page, you should browse carefully and don't authorize functions such as "confidential payment" easily.
2. When setting up "confidential payment", users should also consider the frequency and amount of consumption on this platform. For those platforms with low frequency of use or high average consumption, users should try not to open confidential payment.
3. Users should avoid using birthdays and mobile phone numbers as passwords to avoid being used by criminals.
4. When "confidential payment" is enabled, users should set the monthly limit or one-time payment limit of confidential payment to avoid expanding losses.
Special payment:
Unionpay United Bank has set up special compensation for cardholders and provided 72-hour card loss protection service. That is to say, for UnionPay cards (including "China UnionPay Express") below 1000 yuan, if the card is lost or stolen, the cardholder can get compensation for stolen consumption within 72 hours before reporting the loss, and each cardholder can pay a maximum of 30,000 yuan per year.
In terms of compensation, the principle of "full compensation for risks" is adopted. In order to reduce the security concerns of cardholders, UnionPay and commercial banks have set up special compensation for cardholders, providing a small double-exemption "all-risk compensation" service, which can cover the fraudulent losses suffered by cardholders.
How to use:
The specific implementation method is as follows: once the user's mi band is bound to the mobile phone Alipay client, once the bracelet is close to the mobile phone, the operation of inputting the payment password can be omitted, and the payment can be completed directly by wearing the bracelet, thus realizing a convenient confidential-free payment process.
If consumers don't want to use the small secret visa-free payment function, they can also turn it off at any time. Debit cards and credit cards issued by bank outlets to consumers basically have the functions of small secret exemption, visa exemption and "flash payment" by default. If consumers want to turn off this function, they can call the customer service of the issuing bank to turn it off, or go to a bank outlet to handle it. To turn off this function, the cardholder only needs to apply to the bank card issuer.