The uses of ICBC credit card electronic cash are as follows:

1. Electronic cash transaction is an account with an electronic wallet superimposed on the bank card. When swiping a card, you can choose to pay with a bank card account or an electronic cash account. The payment process using an electronic cash account is similar to a bus IC card. There is no need to complete the payment online or offline when consuming, and no signature or password is required. It is especially suitable for small amounts. Used in payment areas, such as small supermarkets, fast food restaurants, pharmacies, transportation, fitness venues, etc.

2. Electronic cash account is a small payment account unique to financial IC cards. The account information is not only stored in the bank system, but also stored securely on the card. Before use, recharge or transfer the account to ensure that the account has a consumable amount. When used, it can be quickly, offline, and without losing money. Password, fast payment without signature.

3. The limit of the electronic cash account is determined by the card issuing bank, but generally does not exceed 1,000 yuan. This account has the characteristics of no loss reporting and no interest accrual on funds. Cash cannot be withdrawn but can be transferred to deposits and withdrawals.

Tips: Electronic cash cannot handle cash withdrawals, transfers, online consumption and other services. Electronic cash transactions do not verify passwords or cardholder signatures?

Extended information:

Card features:

Comprehensive realization of paperless transactions:

1. The bills and documents previously used are large Partially replaced by electronic checks, electronic money orders and electronic receipts; the original banknotes were replaced by electronic money, that is, electronic cash, electronic wallets, and electronic credit cards; the mailing of the original paper documents became transmitted through the data communication network.

Services are convenient, fast, efficient and reliable:

1. Through online banking, users can enjoy convenient, fast, efficient and reliable all-round services. You can use online banking services whenever you need them, without being restricted by time or geography, that is, realizing 3A services (Anywhere, Anyhow, Anytime).

Low operating costs:

1. Since online banks adopt virtual reality information processing technology, online banks can reduce business points without reducing the original business volume. quantity. To launch online banking services, we mainly use public network resources and do not need to set up physical branches or business outlets, which reduces personnel costs and improves the efficiency of the bank's back-end system.

There are no time and space restrictions, which is conducive to expanding the customer base:

1. Online banking breaks the geographical and time restrictions of traditional banking services and has 3A characteristics, that is, it can be used at any time ( Provide financial services to customers Anytime, Anywhere, Anyhow, which is not only conducive to attracting and retaining high-quality customers, but also actively expanding the customer base and opening up new sources of profit. It is conducive to service innovation and providing customers with a variety of personalized services:

1. Sales of financial products such as insurance, securities and funds through bank business outlets are often subject to great restrictions, mainly due to general business It is difficult for outlets to provide customers with detailed, low-cost information consulting services.

2. Using the Internet and bank payment systems, it is easy to meet customers’ needs for consulting, purchasing and trading a variety of financial products. In addition to handling banking services, customers can also easily buy and sell stocks and bonds online. Online banking can provide customers with more appropriate personalized financial services.

Reference materials: Baidu Encyclopedia-ICBC Credit Card

Reference materials: Baidu Encyclopedia-Electronic Cash