2. Users bring their ID cards to the local business hall of Shanghai Pudong Development Bank, explain to the bank staff that they want to cancel the virtual card, and then go through the cancellation procedures with the help of the bank staff.
first, the virtual credit card is tied with the real user's credit card to provide a variable 16-digit account for internet transactions, without letting the real credit card information leak between the networks. Some of the virtual credit card accounts are one-time use, and some can be recharged and continued to be used. Used for a shopping or trading behavior of people on the Internet. Because the transaction can't see the real account number, even if the retailer's database is attacked by hackers, it can avoid the disclosure of the account number. For example, when the user pays in the checkout center of the retailer's website, a virtual credit card image will appear, and it will ask you whether you plan to pay by one-time digital or whether you want to enter your payment information automatically. Of course, not all transactions can use virtual accounts. Only when the cardholder uses the card issuer system can the one-time account number be linked with the cardholder's real account number, and the transaction is valid. Otherwise, you will be required to enter real credit card information to complete the payment. There is also a "virtual credit card" model that appears on the third-party payment platform, and the most typical specimen is PAYPAL. Her "virtual credit card" is provided to users who use PayPal payment tools but trade on websites that don't support PayPal to help them shop quickly and effectively
Second, on the morning of March 11th, 214, Shang Fulin, chairman of the China Banking Regulatory Commission, publicly revealed that five pilot schemes for private banks have been determined, namely Alibaba, Wanxiang, Tencent, Baiyeyuan, Junyao, Fosun, Shanghui, Huabei, Zhengtai and Huafeng. After repeated argumentation and screening, and reported to the State Council for approval, the pilot adopts the system of * * * with sponsors, and each pilot bank has at least two sponsors, and at the same time abides by the share ratio of single shareholder. In this regard, Xiaoweijinfu Company and Wanxiang Holdings are preparing application materials. Whether it is a pilot in Shanghai or a pilot in Zhejiang is still inconclusive. But what is certain is that private banks will not follow the path of traditional banks, but all Internet-based applications. In addition, the first virtual credit card in China will be launched in Alipay wallet next week, but the specific details and amount still need to be announced later. This has enabled Xiaoweijinfu's business to expand from small loans, wealth management, payment, insurance and funds to the credit card field again. For various reasons, the "virtual credit card" that was rumored since last year has not been officially launched.