Digital credit card is a credit card product launched by banks. Different from ordinary physical credit cards, digital credit cards are a new type of credit cards introduced by banks. Digital credit card has no physical card, but is essentially a virtual card, which consists of virtual, security code, expiration date and other information.

In a word, digital credit card is a virtual credit card, which has no entity, but it can be swiped like an ordinary credit card with the help of mobile payment tools.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified. Credit card consumption is a non-cash transaction payment method, and there is no need to pay cash when spending, and repayment is made on the billing day.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate). On May 25th, 2002/KLOC-0, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.

What does a digital credit card mean?

Digital credit card is a credit card product launched by banks. Different from ordinary physical credit cards, digital credit cards are a new type of credit cards introduced by banks. Digital credit card has no physical card, but is essentially a virtual card, which consists of virtual, security code, expiration date and other information.

Specifically, there is no physical card, but the card can be tied to a third-party payment platform, and then fast payment can be made with the help of devices such as smart phones. For example, if you tie your card to Alipay or WeChat, you can use your mobile phone to pay through Alipay or WeChat. In terms of security, don't worry about card loss, theft and other issues. , you can also set the lock time and transaction limit of the credit card. In terms of use, because there is no physical card, you can't swipe your card directly. You need to use mobile payment tools. Before swiping the card, you can bind the credit card on Alipay and WeChat, and you can enjoy card-free payment. The scope of use is as wide as that of a physical card.

In a word, digital credit card is a virtual credit card, which has no entity, but it can be used as an ordinary credit card with the help of mobile payment tools, both online and offline.

Is the digital bank card easy to use?

With the development of digital era and big data era, bank cards are not only physical credit cards, but also corresponding digital bank cards. Then some people will question the emerging digital bank card. Is digital bank card more useful than physical bank card? In fact, both have their own advantages and disadvantages. Simply saying that digital bank cards are easy to use is indeed one-sided. Next, Bian Xiao will take you to analyze it.

First, the advantages of digital bank cards

As far as digital bank cards are concerned, digital bank cards have many advantages. For example, digital bank cards are easy to carry and can be obtained in mobile phones or successful accounts without going to the bank. Moreover, this digital bank card will record and log in each account accordingly, which is relatively safe. Moreover, digital bank cards are more modern than physical bank cards. In some professional credit card swiping, you can use the bank card to help you bind the corresponding APP, which reduces procedures and saves time.

Second, the shortcomings of digital bank cards

Digital bank card also has its shortcomings, for example, digital bank card is inconvenient for physical bank card at some time. For example, when the company needs to hand in the bank card, the physical bank card will be much more convenient. This is more convenient in some cases. At present, some physical bank cards can also be digitized, and their actual bank cards can be bound with digital bank cards on the Internet.

Third, make rational use of the achievements of the era of big data.

Digital bank card is the crystallization of the era of big data. Because personal information and related contact information are stored in this bank card, the confidentiality of digital bank card as personal information needs to be improved. If confidentiality is insufficient, personal information will be leaked. If you meet relevant groups, then many problems will arise. Therefore, it is necessary to make rational use of the achievements of today's big data era to improve the security of bank cards.

What is a digital credit card?

Digital credit card is a kind of virtual card, which consists of virtual, security code, expiration date and other information. The advantage of this credit card lies in the convenience and security of mobile payment. Unlike ordinary credit cards, digital credit cards have no physical cards.

What is a credit card?

Credit card is a credit certificate issued by commercial banks or credit card companies to qualified consumers.

The form of credit card is a card with the name of the issuing bank, expiration date, number and cardholder's name printed on the front. Consumers with credit cards can go to the specialized commercial service department for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

The earliest credit card appeared at the end of 19. In the 1980s, the British clothing industry developed the so-called credit card, followed by the tourism and business sectors. However, at that time, the card could only be used for short-term commercial credit, and the money had to be paid back as needed. There was no long-term default and no credit line. In 1950s, McNamara, an American Manhattan credit expert, dined in a restaurant. Because he didn't bring enough money, he had to ask his wife to send money. This made him feel embarrassed, so he organized DinersClub (English: Diners Club). Members can bring their dining charge cards to 27 designated restaurants for consumption without paying cash. This is the earliest credit card. Franklin National Bank was the first bank to issue credit cards, and other American banks followed suit. .

Another way of saying credit card is that credit card is a non-cash transaction payment method and a simple credit service. Credit cards are generally plastic cards with a length of 85.60 mm, a width of 53.98 mm and a thickness of 65,438+0 mm, which are issued to cardholders by banks or credit card companies according to users' credit and financial resources. Cardholders do not need to pay cash when using credit cards, and make repayment on the checkout date. Except for some credit cards combined with financial cards, credit cards are different from debit cards and ATM cards, and credit cards will not directly deduct money from users' accounts. 20 12 February, the bank confirmed that the credit card is safer without password, and if it is stolen, it will share the responsibility with the bank. Enjoy an interest-free period of 25-56 days (or 20-50 days). Credit card consumption enjoys an interest-free period, and the bill amount is paid off before the due repayment date, without any cost. There is no interest-free repayment period for cash withdrawal, and five ten thousandths of daily interest will be charged from the date of cash withdrawal, and the bank will also charge a certain percentage of cash withdrawal fee.

Why is digital credit card promoted here?