The single amount does not exceed 1000 yuan, and there is no need to enter a password and signature. The non-contact "flash payment" terminal mainly covers daily small fast payment merchants, including supermarkets, convenience stores, department stores, pharmacies, fast food chains and other retail places and public service fields such as vegetable markets, parking lots, gas stations and tourist attractions.

2065438+In April, 2009, China UnionPay and commercial banks jointly launched a new round of notification service, providing a small amount of double exemption and one-click switching function. ? 2065438+April 6, 2009, China UnionPay will establish an online fast claim settlement channel in conjunction with commercial banks, and launch a fast claim settlement function in China UnionPay Express APP Security Center, so that the double-free stolen losses incurred by normal card users can be fully paid after confirmation and verification.

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China UnionPay Express is a product jointly launched by UnionPay and commercial banks. It adopts HCE and TOKEN technology, and it is an innovative mobile payment product with "flash payment" of physical store POS machine and remote payment capability of mobile Internet. Cardholders can enjoy convenient, safe and fast bank card services.

"China UnionPay Express Card" is a main dual card that can directly generate UnionPay cards in the mobile banking APP. When using the "China UnionPay Express Pass Card", you can pay directly by "swiping your mobile phone" without the steps of "unlocking, lighting the screen and opening the APP". Scan code payment needs to open WeChat and Alipay app, enable the camera and the corresponding scan code function, and complete the payment after online confirmation.

Baidu encyclopedia-flash payment