The latest version of UnionPay Mobile QuickPass is an NFC payment method. Open the UnionPay APP and click "UnionPay Touch" to pay through the NFC sensor area on the back of the phone;
p>
UnionPay Mobile QuickPass is based on contactless technology as the core to realize offline contactless payment on mobile phones and other mobile devices, and supports remote online payment, including Apple, Huawei, Samsung, Xiaomi, Meizu, Smartisan Pay and HCE product.
:
Cloud QuickPass is a non-cash mobile transaction settlement tool. Under the guidance of the People's Bank of China, China UnionPay joins hands with commercial banks, payment institutions, etc. All parties in the industry jointly develop, build, maintain and operate a mobile payment APP.
The Cloud QuickPass APP has inter-bank bank card management services. The Cloud QuickPass APP supports the binding of all domestic UnionPay cards and can manage 15 UnionPay cards at one time. The "Card Management" channel contains bank card closed-loop services. Users can complete professional financial services such as card application, inter-bank bank card transaction management, balance inquiry, bill inquiry, credit card repayment, and accounting in the UnionPay APP.
Using Cloud Quick Pass requires three major steps:
1. First, you need to have a mobile phone with near field payment (NFC) function and Android system;
2. Cardholders need to bind their bank cards in the mobile APP of their bank to generate a Cloud Quick Pass card, which is equivalent to a substitute card for the physical bank card;
3. Finally, in In front of the POS machine with the UnionPay QuickPass logo at the checkout counter of supermarkets and shopping malls, after the cashier inputs the payment amount, the consumer only needs to light up the mobile phone and place it gently near the POS machine, enter the password after a beep, and the entire process is completed. Payment process.
Advantages of Cloud QuickPass:
1. Hardware protection
The security chips built into NFC phones, bracelets, and watches have all passed safety testing and certification. It provides hardware-level protection for the safe storage of UnionPay card information, protecting stored ordinary information from illegal reading and confidential information from being tampered with.
2. Payment token
Following the international EMV payment tokenization specification, UnionPay newly generates a unique digital sequence for the physical UnionPay card, which is only used for payment on mobile devices, and Safely stored in NFC mobile phones, bracelets, and watches, avoiding the leakage of physical UnionPay card information.
3. Security
Cloud QuickPass products apply advanced security technology, improve business processing rules, introduce mechanisms such as risk compensation and advance payment, and provide 72-hour card loss protection services. For individual unexpected risk events, users' financial losses can be quickly resolved and users' legitimate rights and interests protected.
Disadvantages of Cloud QuickPass:
1. Some debit cards and credit cards are inconsistent with the physical card.
2. Deposit cards can be repaid through Cloud QuickPass, subject to card-less payment restrictions. The maximum limit for a single transaction is 2,000-50,000 yuan, and the maximum limit for a single day is 50,000 yuan.
3. Some banks have a limit on the number of repayments, usually 5 repayments per month.